Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Neutral by Citigroup

ME Staff
-
0

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

Today, Acacia Communications, Inc. (NASDAQ:ACIA) stock was downgraded by Citigroup from Buy to Neutral.

There are 9 Hold Ratings, 4 Buy 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 $58.2864 per share, a potential 9.72% downside.

Some recent analyst ratings include

  • 7/16/2019-Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Neutral by Citigroup
  • 7/10/2019-Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Neutral by UBS Group with a price target of $70.00
  • 7/10/2019-Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Hold by Needham & Company LLC with a price target of $64.91
  • 7/9/2019-Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Neutral by Piper Jaffray Companies with a price target of $70.00
  • 7/9/2019-Acacia Communications, Inc. (NASDAQ:ACIA) gets downgraded to Hold by Craig Hallum
  • 7/1/2019-Acacia Communications, Inc. (NASDAQ:ACIA) had its Buy rating reiterated by Northland Securities with a $65.00 price target
  • 5/6/2019-Acacia Communications, Inc. (NASDAQ:ACIA) gets upgraded to Neutral by Bank of America with a price target of $56.60
  • On 7/8/2019 Eric L. Fisher, VP, sold 2,839 with an average share price of $47.73 per share and the total transaction amounting to $135,505.47.
  • On 7/2/2019 Mehrdad Givehchi, VP, sold 21,000 with an average share price of $49.52 per share and the total transaction amounting to $1,039,920.00.
  • On 6/18/2019 Francis J. Murphy, VP, sold 75 with an average share price of $45.04 per share and the total transaction amounting to $3,378.00.
  • On 6/5/2019 Mehrdad Givehchi, VP, sold 21,000 with an average share price of $47.61 per share and the total transaction amounting to $999,810.00.
  • On 6/5/2019 Murugesan Shanmugaraj, CEO, sold 12,180 with an average share price of $47.64 per share and the total transaction amounting to $580,255.20.
  • On 6/3/2019 Christian J. Rasmussen, VP, sold 12,000 with an average share price of $46.77 per share and the total transaction amounting to $561,240.00.
  • On 5/17/2019 Murugesan Shanmugaraj, CEO, sold 43,000 with an average share price of $50.12 per share and the total transaction amounting to $2,155,160.00.

About Acacia Communications, Inc. (NASDAQ:ACIA)
Acacia Communications, Inc develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. Read More…

Recent Trading Activity for Acacia Communications, Inc. (NASDAQ:ACIA)
Shares of Acacia Communications, Inc. closed the previous trading session at 64.56 up +0.16 0.25% with 64.07 shares trading hands.