Today, the President & COO of National Instruments Corp (NASDAQ: NATI), Eric Howard Starkloff, sold shares of NATI for $123K.
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Based on National Instruments Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $346 million and quarterly net profit of $43.19 million. In comparison, last year the company earned revenue of $322 million and had a net profit of $33.39 million. NATI’s market cap is $6.51B and the company has a P/E ratio of 91.24. Currently, National Instruments Corp has an average volume of 399.6K.
The insider sentiment on National Instruments Corp has been negative according to 157 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
Eric Howard Starkloff’s trades have generated a -7.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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National Instruments Corp. designs, manufactures and sells systems to engineers and scientists that accelerate productivity, innovation and discovery. It provides application software and modular, multifunction hardware that users combine with industry-standard computers, networks and third party devices to create measurement, automation and embedded systems, which refer as virtual instruments. The company was founded by Jeffrey L. Kodosky and James J. Truchard in May 1976 and is headquartered in Austin, TX.
