Core Insights - Cognex Corporation is a leader in the machine vision systems industry, focusing on automating manufacturing processes [1] - Engaged Capital, LLC has acquired a significant stake in Cognex and is advocating for operational optimization to enhance the company's value [2][5] - The current stock price of Cognex is $46.29, with a potential for nearly doubling over the next two years if cost-cutting measures are implemented [3][5] Company Performance - On October 21, 2025, Robert Willett, a director at Cognex, sold 6,704 shares at approximately $49.51 each [1][5] - Cognex's stock has traded between a low of $45.87 and a high of $48.04 today, with a yearly high of $49.76 and a low of $22.67 [4][5] - The market capitalization of Cognex is approximately $7.77 billion, with a trading volume of 2,249,362 shares on the NASDAQ exchange [4]