Today’s Stock On Watch: Brown Advisory Inc Just Disclosed New National Instruments Corp Position

Today's Stock On Watch: Brown Advisory Inc Just Disclosed New National Instruments Corp Position

The New Brown Advisory Inc Holding in National Instruments Corp

Brown Advisory Inc filed with the SEC SC 13G/A form for National Instruments Corp. The form can be accessed here: 000108514616004450. As reported in Brown Advisory Inc’s form, the filler as of late owns 0.01% or 11,032 shares of the Information Technology–company.

National Instruments Corp stake is a new one for the for this institutional investor and it was filed because of activity on September 30, 2016. We feel this shows Brown Advisory Inc’s positive view for the stock.

National Instruments Corp Institutional Sentiment

Latest Security and Exchange filings show 201 investors own National Instruments Corp. The institutional ownership in Q3 2015 is very high, at 64.21% of the outstanding shares. This is decreased by 8168217 the total institutional shares. 82579252 were the shares owned by these institutional investors. In total 15 funds opened new National Instruments Corp stakes, 79 increased stakes. There were 26 that closed positions and 76 reduced them.

4 managers had the stock in their top Ten. Notable investors are: Tikvah Management Llc, Riverbridge Partners Llc..

Brian Bares Bares Capital Management Inc is an institutional investor bullish on National Instruments Corp, owning 1422938 shares as of Q3 2015 for 3.93% of its portfolio. Tom Henwood Omt Capital Management Llc owns 114870 shares or 3.90% of its portfolio. MN Riverbridge Partners Llc have 2.50% of their stock portfolio for 4359463 shares. Further, Friedberg Investment Management reported stake worth 2.55% of its US stock portfolio. The NC Tikvah Management Llc owns 670555 shares. National Instruments Corp is 10.38% of the manager’s US portfolio.

Business Profile

National Instruments Corporation (NI) designs, manufactures and sells systems to engineers and scientists. The Company offers graphical system design approach to engineering, which provides an integrated software and hardware platform for measurement and control systems. Its products include reusable hardware and software modules. The Company offers a range of measurement, automation and control products. It offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching. It also offers NI Services, including hardware services and maintenance, software maintenance services, and training and certification. Its products are used across various industries in a range of applications, including research and development, simulation and modeling and product design.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 1.58 in 2016 Q2. Its down 0.02, from 1.6 in 2016Q1. The ratio worsened, as 21 funds sold all National Instruments Corp shares owned while 59 reduced positions. 23 funds bought stakes while 103 increased positions. They now own 93.24 million shares or 1.35% less from 94.52 million shares in 2016Q1.

Morgan Stanley accumulated 87,550 shares or 0% of the stock. Tompkins Fin Corporation, a New York-based fund reported 1,055 shares. Moreover, Ameriprise Finance has 0.01% invested in National Instruments Corp (NASDAQ:NATI) for 320,021 shares. Moreover, Blackrock Fund Advisors has 0.02% invested in National Instruments Corp (NASDAQ:NATI) for 3.57M shares. Atlanta Capital Mgmt L L C holds 0.16% of its portfolio in National Instruments Corp (NASDAQ:NATI) for 897,695 shares. Ahl Prns Llp has invested 0.06% of its portfolio in National Instruments Corp (NASDAQ:NATI). Generation Inv Limited Liability Partnership accumulated 3.83M shares or 1.21% of the stock. Comerica National Bank last reported 0.02% of its portfolio in the stock. Mcf Advsrs last reported 69 shares in the company. Moreover, Shelton Cap has 0.03% invested in National Instruments Corp (NASDAQ:NATI) for 10,469 shares. Dimensional Fund Advsr Limited Partnership last reported 0.01% of its portfolio in the stock. Qs Limited Liability accumulated 0% or 21 shares. Summit Grp Inc Incorporated Ltd Liability Co has 0.21% invested in the company for 14,057 shares. Mcdaniel Terry And Comm last reported 3.02% of its portfolio in the stock. Lazard Asset Ltd Llc holds 5,197 shares or 0% of its portfolio.

Insider Transactions: Since May 4, 2016, the stock had 2 insider purchases, and 0 sales for $10.87 million net activity. The insider TRUCHARD JAMES J bought 394,819 shares worth $10.86 million. Shares for $15,902 were bought by LE DUY LOAN T.

Analysts await National Instruments Corp (NASDAQ:NATI) to report earnings on October, 25. They expect $0.19 earnings per share, down 9.52% or $0.02 from last year’s $0.21 per share. NATI’s profit will be $24.55M for 36.76 P/E if the $0.19 EPS becomes a reality. After $0.19 actual earnings per share reported by National Instruments Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

National Instruments Corp (NASDAQ:NATI) has declined 5.71% since March 8, 2016 and is downtrending. It has underperformed by 15.03% the S&P500.

National Instruments Corporation designs, makes and sells systems to engineers and scientists. The company has a market cap of $3.61 billion. The Firm offers graphical system design approach to engineering, which provides an integrated software and hardware platform for measurement and control systems. It has a 42.46 P/E ratio. The Company’s products include reusable hardware and software modules.

National Instruments Corp (NASDAQ:NATI) Ratings Coverage

Out of 2 analysts covering Natl Instruments (NASDAQ:NATI), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. $36 is the highest target while $28 is the lowest. The $32 average target is 14.53% above today’s ($27.94) stock price. Natl Instruments has been the topic of 2 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Oppenheimer on Friday, July 31. On Wednesday, May 11 the stock rating was initiated by FBR Capital with “Market Perform”.

More notable recent National Instruments Corp (NASDAQ:NATI) news were published by: Fool.com which released: “Headwinds Hurt National Instruments Corp. Earnings” on July 28, 2016, also Forbes.com with their article: “Ex-Dividend Reminder: National Instruments, NICE and KLA-Tencor” published on August 09, 2016, Forbes.com published: “National Instruments Secret Sauce In Industrial IoT: Getting The Data From The …” on August 09, 2016. More interesting news about National Instruments Corp (NASDAQ:NATI) were released by: Marketwatch.com and their article: “National Instruments shares fall on weak outlook” published on April 04, 2016 as well as Bizjournals.com‘s news article titled: “National Instruments founding CEO to retire, replacement named” with publication date: August 30, 2016.

According to Zacks Investment Research, “National Instruments Corporation is a leading supplier of computer-based instrumentation hardware and software products that engineers and scientists use in a wide range of industries. These industries are spread across two large markets: test and measurement and industrial automation. The Company provides flexible application software and modular, multifunction hardware that users combine with industry-standard desktop computers and workstations to create virtual instruments.”

NATI Company Profile

National Instruments Corporation (NI), incorporated on May 3, 1994, designs, makes and sells systems to engineers and scientists. The Firm offers graphical system design approach to engineering, which provides an integrated software and hardware platform for measurement and control systems. The Company’s products include reusable hardware and software modules. The Firm offers a range of measurement, automation and control products to work either separately, as stand-alone products or as an integrated system or as an integrated system. The Firm offers products, technology and services, which include system design software, programming tools, application software, modular hardware products and related driver software, production test systems, NI education platform, software products for teaching and hardware products for teaching. The Firm also offers NI Services, including hardware services and maintenance, software maintenance services, and training and certification.

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