LogMeIn Inc. (LOGM): Trading Report of Thursday, June 18

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LogMeIn Inc. (NASDAQ:LOGM) changes shares on Thursday trading session, with a change of -0.18% or -$0.15 shares. The trading starts at $85.17 and closed at $85.15 throughout the day. The trading session low price was $84.92 and day high was $85.18 on Thursday, June 18. After the session, the Technology sector daily volume shifted to 0.25 million while its average volume is 786.53K. In other hand, the LOGM market cap reached to $4.16B. While, its current target price is $85.00 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.07% and up 0.01% for month. Its quarterly performance was 7.12% above, while its half year performance is down -1.11%. LOGM yearly performance stood at positive 18.96% and fall -0.86% for year-to-date. Current recommendation for LogMeIn Inc. is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. LOGM EPS (TTM) for 12-month is -0.34. EPS for this year is -121.50%, while for the next year its value is 5.64. Its EPS Q/Q reached -30.10%. It has an EPS of -24.00% down for past five years and for the next five years will be up 2.20%.

Vanguard Group, Inc. (The), Blackrock Inc. and ArrowMark Colorado Holdings LLC are the top three holders in LogMeIn Inc. (LOGM) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 4.74 million shares which valued 394.6 million. On Mar 30, 2020, Blackrock Inc. owned 4.54 million shares which valued at 378.48 million. On Mar 30, 2020, ArrowMark Colorado Holdings LLC has a total of 2.57 million shares which valued at 214.33 million. In the end, ArrowMark Colorado Holdings LLC have 5.28% shares outstanding of LogMeIn Inc. (LOGM) on Mar 30, 2020. The insider ownership moved to 0.90% and institutional holding shifted to 97.30%.

The company posted an EPS (TTM) of -0.34. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of 1.22, while 1.17 EPS posted a year ago period. Analyst Estimated EPS for LOGM published in the report was 1.18-1.26 during the same period. Comparing with last year, the average estimated EPS was 1.17 which is lower than 1.21 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for LOGM rise 6.60% for period of 200 days. SMA for 50 days was 0.08% which is showing green signal, while SMA-20 was 0.10%. The moving average value for LogMeIn Inc. (LOGM) is 84.09 and 85.04 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in LOGM stock. On Feb 19, Herdiech Edward K., Chief Financial Officer, sold 4,036 trading shares at the cost of $85.47, which valued at 0.34 million. On Nov 15, Donahue Michael J, SVP and General Counsel, sold 11,642 shares at the cost of $80.00, with total shares of 5,000. On Nov 15, Herdiech Edward K., Chief Financial Officer, sold 4,036 shares at the cost of 80.00. After this transaction, Herdiech Edward K. total shares reached to 20,572 which valued at 0.32 million.