Analyst Activity – Needham & Company LLC Raises Its Price Target On NeoPhotonics (NYSE:NPTN) to $9.00

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Analyst Ratings For NeoPhotonics (NYSE:NPTN)

Today, Needham & Company LLC raised its price target on NeoPhotonics (NYSE:NPTN) to $9.00 per share.

Some recent analyst ratings include

  • 1/29/2018-Piper Jaffray Companies was Downgraded by analysts at Piper Jaffray Companies from a “Overweight ” rating to a ” Neutral” rating.
  • 10/6/2017-Craig Hallum Reiterated Rating of Buy.
  • 10/5/2017-Raymond James Financial was Downgraded by analysts at Raymond James Financial from a “Outperform ” rating to a ” Market Perform” rating.

Recent Insider Trading Activity For NeoPhotonics (NYSE:NPTN)
NeoPhotonics (NYSE:NPTN) has insider ownership of 17.30% and institutional ownership of 77.92%.

  • On 7/26/2017 Benjamin Lee Sitler, SVP, sold 33,400 with an average share price of $8.44 per share and the total transaction amounting to $281,896.00.
  • On 7/26/2017 Michael J Sophie, Director, sold 4,000 with an average share price of $8.45 per share and the total transaction amounting to $33,800.00.
  • On 7/3/2017 Chiyue Cheung, COO, sold 10,000 with an average share price of $7.66 per share and the total transaction amounting to $76,600.00.
  • On 5/31/2017 Rusnano, Major Shareholder, sold 39,000 with an average share price of $9.07 per share and the total transaction amounting to $353,730.00.
  • On 5/26/2017 Rusnano, Major Shareholder, sold 180,000 with an average share price of $9.18 per share and the total transaction amounting to $1,652,400.00.
  • On 5/24/2017 Rusnano, Major Shareholder, sold 92,900 with an average share price of $9.10 per share and the total transaction amounting to $845,390.00.
  • On 5/8/2017 Timothy Storrs Jenks, CEO, sold 92,125 with an average share price of $7.35 per share and the total transaction amounting to $677,118.75.

Recent Trading Activity for NeoPhotonics (NYSE:NPTN)
Shares of NeoPhotonics closed the previous trading session at 6.12 +0.00 0.00% with 366967 shares trading hands.