Analyst Activity – Citigroup Lowers Its Price Target On Infinera (NASDAQ:INFN) to $7.50

ME Staff
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Analyst Ratings For Infinera (NASDAQ:INFN)

Today, Citigroup lowered its price target on Infinera (NASDAQ:INFN) to $7.50 per share.

Some recent analyst ratings include

  • 11/9/2017-William Blair Reiterated Rating of Buy.
  • 11/9/2017-Craig Hallum Reiterated Rating of Buy.
  • 11/9/2017-MKM Partners was Downgraded by analysts at MKM Partners from a “Buy ” rating to a ” Neutral” rating. They now have a $13.00 price target on the stock.
  • 11/9/2017-Stifel Nicolaus Reiterated Rating of Hold .
  • 11/7/2017-B. Riley Reiterated Rating of Buy.

Recent Insider Trading Activity For Infinera (NASDAQ:INFN)
Infinera (NASDAQ:INFN) has insider ownership of 3.10% and institutional ownership of 90.57%.

  • On 11/13/2017 Thomas J Fallon, CEO, bought 100,000 with an average share price of $6.33 per share and the total transaction amounting to $633,000.00.
  • On 10/2/2017 David F Welch, President, sold 20,000 with an average share price of $9.02 per share and the total transaction amounting to $180,400.00.
  • On 8/8/2017 David F Welch, President, sold 20,000 with an average share price of $9.29 per share and the total transaction amounting to $185,800.00.
  • On 7/19/2017 David F Welch, President, sold 5,000 with an average share price of $12.00 per share and the total transaction amounting to $60,000.00.
  • 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.
  • 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.
  • 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.

Recent Trading Activity for Infinera (NASDAQ:INFN)
Shares of Infinera closed the previous trading session at 6.61 down -0.20 2.94% with 6.809999942779541 shares trading hands.