Analyst Activity – Morgan Stanley Initiates Coverage On Oclaro (NASDAQ:OCLR) With a Equal Weight

ME Staff
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Analyst Ratings For Oclaro (NASDAQ:OCLR)

Today, Morgan Stanley initiated coverage on Oclaro (NASDAQ:OCLR) with a Equal Weight with a price target of $8.00.

Some recent analyst ratings include

  • 3/9/2018-Morgan Stanley initiated coverage with a Equal Weight rating.
  • 2/6/2018-Cowen Reiterated Rating of Buy.
  • 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.

Recent Insider Trading Activity For Oclaro (NASDAQ:OCLR)
Oclaro (NASDAQ:OCLR) has insider ownership of 2.00% and institutional ownership of 66.77%.

  • On 2/13/2018 David Teichmann, EVP, sold 24,962 with an average share price of $6.41 per share and the total transaction amounting to $160,006.42.
  • 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.

Recent Trading Activity for Oclaro (NASDAQ:OCLR)
Shares of Oclaro closed the previous trading session at 7.61 down -0.14 1.81% with 7.584799766540527 shares trading hands.