Cognex Corp
NASDAQ:CGNX
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CGNX's latest stock split occurred on Dec 4, 2017
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, CGNX traded at 138.49 per share. Afterward, the share price was about 59.601.
The adjusted shares began trading on Dec 4, 2017. This was CGNX's 5th stock split, following the previous one in Sep 17, 2013.
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ROG
002315
Cognex Corp
Glance View
Cognex Corporation emerged on the scene with a vision to blend cutting-edge technology with industrial efficiency, carving out a niche in the machine vision industry. Founded by Dr. Robert Shillman in 1981, the company initially saw its innovation as a way to develop a computer program that could read alphanumeric codes, a task simple for humans but daunting for machines. Today, Cognex has grown into a leading provider of vision systems, software, and sensors. At its core, the company thrives on developing advanced algorithms that enable machines to "see" and interpret visual data with clarity and precision. These technologies play an essential role in automating manufacturing processes, reducing defects, delivering consistent quality, and ensuring that products meet strict specifications before they reach consumers. Cognex's revenue model hinges on its ability to provide industrial clients with tailored machine vision solutions that improve operational efficiency and cost-effectiveness. The company sells its products directly to manufacturers in sectors such as automotive, consumer electronics, logistics, and pharmaceuticals. Additionally, Cognex offers service packages, including training and customer support, which ensures clients derive maximum utility from their products. The company's strategic investments in research and development fuel its growth by continually expanding the capabilities of machine vision technologies, ensuring it stays ahead in a rapidly evolving landscape. This relentless focus on innovation and customization is what positions Cognex as a trusted partner in the ongoing digital transformation of industries worldwide.
