The EVP of National Instruments Corp. (NASDAQ: NATI) is Selling Shares

By Carrie Williams

Today, the EVP of National Instruments Corp. (NASDAQ: NATI), Eric Howard Starkloff, sold shares of NATI for $39.7K.

In addition to Eric Howard Starkloff, 3 other NATI executives reported Sell trades in the last month.

Based on National Instruments Corp.’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $307 million and quarterly net profit of $24.49 million. In comparison, last year the company earned revenue of $294 million and had a net profit of $23.18 million. The company has a one year high of $31.71 and a one year low of $25.90. NATI’s market cap is $3.67B and the company has a P/E ratio of 43.18.

In the last 30 days, insiders have sold $207.9K worth of NATI shares and purchased $33.62K worth of NATI shares. The insider sentiment on National Instruments Corp. has been positive according to 24 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

National Instruments Corp. designs, manufactures and sells systems to engineers and scientists that accelerate productivity, innovation and discovery. Its graphical system design approach to engineering provides an integrated software and hardware platform that speeds the development of systems needing measurement and control. The company provides flexible 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. Its products are used by industries in a variety of applications, which include research and development, simulation and modeling, product design, prototype and validation, production testing, industrial control and field, factory services and repair. National Instruments was founded by Jeffrey L. Kodosky and James J. Truchard in May 1976 and is headquartered in Austin, TX.