Analyst Activity – Northland Securities Reiterates Buy on Oclaro (NASDAQ:OCLR)

ME Staff
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Analyst Ratings For Oclaro (NASDAQ:OCLR)

Today, Northland Securities reiterated its Buy rating on Oclaro (NASDAQ:OCLR) with a price target of $12.75.

There are 10 buy ratings, 2 strong buy ratings on the stock.

The current consensus rating on Oclaro (NASDAQ:OCLR) is Buy (Score: 3.17) with a consensus target price of $13.33 per share, a potential 61.23% upside.

Some recent analyst ratings include

  • 11/1/2017-Northland Securities Reiterated Rating of Buy.
  • 10/6/2017-Stifel Nicolaus Reiterated Rating of Buy.
  • 9/14/2017-Raymond James Financial, Inc. initiated coverage with a Strong-Buy rating.
  • 8/8/2017-B. Riley Reiterated Rating of Buy.
  • 8/3/2017-Cowen and Company Reiterated Rating of Outperform.
  • 8/3/2017-Needham & Company LLC Reiterated Rating of Strong-Buy.
  • 8/3/2017-Jefferies Group LLC Reiterated Rating of Buy.

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

  • 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. View SEC Filing
  • 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. View SEC Filing
  • 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. View SEC Filing
  • 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. View SEC Filing
  • On 6/1/2017 Lisa Paul, EVP, sold 5,000 with an average share price of $9.17 per share and the total transaction amounting to $45,850.00. View SEC Filing
  • On 5/16/2017 Thomas Gordon Beck Mason, Insider, sold 32,352 with an average share price of $9.12 per share and the total transaction amounting to $295,050.24. View SEC Filing
  • On 5/12/2017 Greg Dougherty, CEO, sold 40,000 with an average share price of $9.00 per share and the total transaction amounting to $360,000.00. View SEC Filing

Recent Trading Activity for Oclaro (NASDAQ:OCLR)
Shares of Oclaro closed the previous trading session at with shares trading hands.