After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for National Instruments Corporation (NATI) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $59.81. The National Instruments Corporation has recorded 230,626 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed NI Reports Record Revenue for a Second Quarter.
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Stocks Info
National Instruments Corporation is listed on the NASDAQ in the Technology sector while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $59.81 and fluctuated between $59.84 as its day high and $59.78 as its day low. The current market capitalization of National Instruments Corporation is $7.92B. A total of 1.53 million shares were traded on the day, compared to an average of 1.42M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, NATI has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 5,025 shares. Over the last 12 months, there were 21 BUYs and 20 SELLs from insiders. Insiders purchased 271,676 shares during that period but sold 145,623.
In the most recent transaction, Favre Ritu sold 3,494 shares of NATI for 57.70 per share on May 25. After the transaction, the Executive Vice President now owns 39,237 company shares. In a previous transaction on May 17, Rust Scott Arthur sold 29,821 shares at 57.98 per share. NATI shares that Executive Vice President owns now total 36,533.
Among the insiders who sold shares, DAVERN ALEXANDER M disposed of 5,037 shares on May 15 at a per-share price of $58.05. This resulted in the Director holding 188,532 shares of NATI after the transaction. In another insider transaction, Starkloff Eric Howard sold 14,963 shares at $53.95 per share on Feb 01. Company shares held by the President & CEO now total 320,838.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. National Instruments Corporation pays an annual dividend of $1.12, resulting in a dividend yield of 1.87%, and it has a price to earnings (P/E) ratio of 44.24. NATI’s most recent ex-dividend date was 8/7/2023 when it declared a $0.28 quarterly dividend that was paid in cash on 8/29/2023. Previously, the company paid the dividend on 5/31/2023 with an ex-dividend date of 5/8/2023. The NATI stock dividend was $0.28 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for NATI in the last 3 months, the mean price target is $60.00 with high estimates of $60.00 and low estimates of $60.00. In terms of 52-week highs and lows, NATI has a high of $59.98 and a low of $34.97.
As of this writing, NATI has an earnings estimate of $0.56 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.66 per share and a lower estimate of $0.48. The company reported an EPS of $0.62 in the last quarter, which was 14.80% higher than expectations of $0.54.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. NATI’s latest balance sheet shows that the firm has $211.11M in Cash & Short Term Investments as of fiscal 2021. There were $343.61M in debt and $445.21M in liabilities at the time. Its Book Value Per Share was $9.20, while its Total Shareholder’s Equity was $1.22B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NATI is Buy with a score of 3.00.
