Acacia Communications, Inc. (NASDAQ:ACIA) price target raised to $60.00 by Loop Capital

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Analyst Ratings For Acacia Communications, Inc. (NASDAQ:ACIA)

Today, Loop Capital raised its price target on Acacia Communications, Inc. (NASDAQ:ACIA) to $60.00 per share.

There are 9 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Acacia Communications, Inc. (NASDAQ:ACIA) is Hold with a consensus target price of $45.2143 per share, a potential 5.79% upside.

Some recent analyst ratings include

  • 8/24/2018-Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Underperform by Bank of America
  • 8/23/2018-Acacia Communications, Inc. (NASDAQ:ACIA) gets upgraded to Overweight by Piper Jaffray Companies with a price target of $46.00


  • On 11/14/2018 Christian J. Rasmussen, VP, sold 3,372 with an average share price of $43.93 per share and the total transaction amounting to $148,131.96.
  • On 11/14/2018 John F. Gavin, CFO, sold 769 with an average share price of $43.93 per share and the total transaction amounting to $33,782.17.
  • On 11/14/2018 Murugesan Shanmugaraj, CEO, sold 2,726 with an average share price of $43.93 per share and the total transaction amounting to $119,753.18.
  • On 11/7/2018 Francis J. Murphy, VP, sold 5,841 with an average share price of $45.00 per share and the total transaction amounting to $262,845.00.
  • On 10/22/2018 Francis J. Murphy, VP, sold 371 with an average share price of $37.93 per share and the total transaction amounting to $14,072.03.
  • On 10/2/2018 Francis J. Murphy, Insider, sold 276 with an average share price of $40.81 per share and the total transaction amounting to $11,263.56.
  • On 9/18/2018 Francis J. Murphy, Insider, sold 68 with an average share price of $38.72 per share and the total transaction amounting to $2,632.96.

About Acacia Communications, Inc. (NASDAQ:ACIA)
Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. Its products include a series of low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into families of optical interconnect modules with transmission speeds ranging from 100 to 400 gigabits per second for use in long-haul, metro, and inter-data center markets. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.

Recent Trading Activity for Acacia Communications, Inc. (NASDAQ:ACIA)
Shares of Acacia Communications, Inc. closed the previous trading session at 42,74 −0,93 2,13 % with shares trading hands.