Analyst Activity – B. Riley Raises Its Price Target On Oclaro (NASDAQ:OCLR) to $8.50

ME Staff
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Analyst Ratings For Oclaro (NASDAQ:OCLR)

Today, B. Riley raised its price target on Oclaro (NASDAQ:OCLR) to $8.50 per share.

Some recent analyst ratings include

  • 2/2/2018-Jefferies Group was Downgraded by analysts at Jefferies Group from a “Buy ” rating to a ” Hold” rating. They now have a $6.50 price target on the stock.
  • 1/29/2018-Loop Capital initiated coverage with a Buy rating.
  • 12/18/2017-Needham & Company LLC was Downgraded by analysts at Needham & Company LLC from a “Buy ” rating to a ” Hold” rating.

Recent Insider Trading Activity For Oclaro (NASDAQ:OCLR)
Oclaro (NASDAQ:OCLR) has insider ownership of 2.00% and institutional ownership of 70.69%.

  • On 12/14/2017 Lisa Paul, EVP, sold 5,000 with an average share price of $7.45 per share and the total transaction amounting to $37,250.00.
  • On 11/30/2017 Thomas Gordon Beck Mason, Insider, sold 39,255 with an average share price of $7.22 per share and the total transaction amounting to $283,421.10.
  • On 11/14/2017 Michael H Fernicola, CAO, sold 7,016 with an average share price of $6.21 per share and the total transaction amounting to $43,569.36.
  • On 8/31/2017 Lisa Paul, EVP, sold 12,182 with an average share price of $8.45 per share and the total transaction amounting to $102,937.90.
  • On 8/24/2017 Greg Dougherty, CEO, sold 40,000 with an average share price of $9.12 per share and the total transaction amounting to $364,800.00.
  • On 8/14/2017 Michael H Fernicola, Insider, sold 12,869 with an average share price of $8.62 per share and the total transaction amounting to $110,930.78.
  • On 8/11/2017 David Teichmann, EVP, sold 20,132 with an average share price of $8.37 per share and the total transaction amounting to $168,504.84.

Recent Trading Activity for Oclaro (NASDAQ:OCLR)
Shares of Oclaro closed the previous trading session at 6.67 up +1.02 18.05% with 5.96999979019165 shares trading hands.