FEI Co. (NASDAQ:FEIC) has been assigned a consensus recommendation of “Hold” from the eight ratings firms that are covering the firm. Six research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $103.00.
Separately, Zacks Investment Research downgraded shares of FEI from a “buy” rating to a “hold” rating in a research note on Tuesday, September 13th.
Shares of FEI (NASDAQ:FEIC) opened at 106.89 on Monday. FEI has a one year low of $64.93 and a one year high of $108.35. The stock has a 50 day moving average of $106.65 and a 200-day moving average of $98.82.
In other news, VP Anthony L. Trunzo sold 35,104 shares of FEI stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $106.61, for a total transaction of $3,742,437.44. Following the completion of the transaction, the vice president now directly owns 24,994 shares in the company, valued at $2,664,610.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.98% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of FEIC. Profund Advisors LLC boosted its position in shares of FEI by 1.1% in the second quarter. Profund Advisors LLC now owns 6,880 shares of the company’s stock worth $735,000 after buying an additional 77 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of FEI by 0.4% in the second quarter. Nisa Investment Advisors LLC now owns 25,700 shares of the company’s stock worth $2,747,000 after buying an additional 100 shares in the last quarter. State Treasurer State of Michigan boosted its position in shares of FEI by 0.6% in the second quarter. State Treasurer State of Michigan now owns 16,400 shares of the company’s stock worth $1,753,000 after buying an additional 100 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of FEI by 7.9% in the second quarter. Hsbc Holdings PLC now owns 2,593 shares of the company’s stock worth $278,000 after buying an additional 189 shares in the last quarter. Finally, Aperio Group LLC boosted its position in shares of FEI by 4.6% in the first quarter. Aperio Group LLC now owns 4,439 shares of the company’s stock worth $395,000 after buying an additional 196 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.
FEI Company Profile
FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates through two segments: Industry Group, which consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the oil and gas industry, and Science Group, which includes universities, research laboratories and customers in a range of industries, including metals, automobiles, aerospace, geosciences and forensics.
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