Analyst Activity – Craig Hallum Initiates Coverage On Infinera Corporation (NASDAQ:INFN) With a Buy

ME Staff
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Analyst Ratings For Infinera Corporation (NASDAQ:INFN)

Today, Craig Hallum initiated coverage on Infinera Corporation (NASDAQ:INFN) with a Buy with a price target of $15.00.

There are 1 sell rating, 6 hold ratings, 9 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Infinera Corporation (NASDAQ:INFN) is Buy (Score: 2.59) with a consensus target price of $11.35 per share, a potential 0.32% upside.

Some recent analyst ratings include

  • 7/18/2017-Craig Hallum initiated coverage with a Buy rating.
  • 7/17/2017-Deutsche Bank AG Reiterated Rating of Buy.
  • 7/10/2017-Raymond James Financial, Inc. Reiterated Rating of Market Perform.
  • 6/27/2017-B. Riley Upgrade from a “Buy” rating to a “” rating.
  • 6/14/2017-MKM Partners Upgrade from a “Neutral ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Infinera Corporation (NASDAQ:INFN)
Infinera Corporation (NASDAQ:INFN) has insider ownership of 2.90% and institutional ownership of 81.22%.

  • On 6/23/2017 David F Welch, President, sold 40,000 with an average share price of $12.09 per share and the total transaction amounting to $483,600.00. View SEC Filing
  • On 8/2/2016 Brad Feller, CFO, bought 20,000 with an average share price of $8.60 per share and the total transaction amounting to $172,000.00. View SEC Filing
  • On 8/2/2016 Marcel Gani, Director, bought 50,000 with an average share price of $8.60 per share and the total transaction amounting to $430,000.00. View SEC Filing
  • On 8/1/2016 John Daane, Director, bought 12,000 with an average share price of $8.49 per share and the total transaction amounting to $101,880.00. View SEC Filing
  • On 8/1/2016 Thomas J Fallon, CEO, bought 100,000 with an average share price of $8.54 per share and the total transaction amounting to $854,000.00. View SEC Filing
  • On 5/3/2016 Brad Feller, CFO, bought 25,000 with an average share price of $11.75 per share and the total transaction amounting to $293,750.00. View SEC Filing
  • On 5/3/2016 Thomas J Fallon, CEO, bought 100,000 with an average share price of $11.95 per share and the total transaction amounting to $1,195,000.00. View SEC Filing

Recent Trading Activity for Infinera Corporation (NASDAQ:INFN)
Shares of Infinera Corporation closed the previous trading session at 11.57 up +0.26 2.30% with 1,116,773 shares trading hands.