Analyst Activity – Rosenblatt Securities Initiates Coverage On NASDAQ:ACIA – Acacia Communications (NASDAQ:ACIA) With a Buy

ME Staff
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Analyst Ratings For NASDAQ:ACIA – Acacia Communications (NASDAQ:ACIA)

Today, Rosenblatt Securities initiated coverage on NASDAQ:ACIA – Acacia Communications (NASDAQ:ACIA) with a Buy with a price target of $42.00.

Some recent analyst ratings include

  • 5/29/2018-Rosenblatt Securities initiated coverage with a Buy rating.
  • 5/4/2018-Cowen Reiterated Rating of Outperform.

Recent Insider Trading Activity For NASDAQ:ACIA – Acacia Communications (NASDAQ:ACIA)
NASDAQ:ACIA – Acacia Communications (NASDAQ:ACIA) has insider ownership of 33.20% and institutional ownership of 89.89%.

  • On 5/14/2018 Benny P. Mikkelsen, CTO, sold 5,184 with an average share price of $35.94 per share and the total transaction amounting to $186,312.96.
  • On 5/14/2018 Bhupendra C. Shah, VP, sold 3,903 with an average share price of $35.94 per share and the total transaction amounting to $140,273.82.
  • On 5/14/2018 John F. Gavin, CFO, sold 3,712 with an average share price of $35.94 per share and the total transaction amounting to $133,409.28.
  • On 5/14/2018 Murugesan Shanmugaraj, CEO, sold 6,706 with an average share price of $35.94 per share and the total transaction amounting to $241,013.64.
  • On 4/23/2018 Francis J. Murphy, Insider, sold 362 with an average share price of $28.23 per share and the total transaction amounting to $10,219.26.
  • On 4/9/2018 Francis J. Murphy, Insider, sold 296 with an average share price of $36.03 per share and the total transaction amounting to $10,664.88.
  • On 4/2/2018 Mehrdad Givehchi, VP, sold 21,060 with an average share price of $37.48 per share and the total transaction amounting to $789,328.80.

Recent Trading Activity for NASDAQ:ACIA – Acacia Communications (NASDAQ:ACIA)
Shares of NASDAQ:ACIA – Acacia Communications closed the previous trading session at 33.22 down -0.40 1.19% with 34.13999938964844 shares trading hands.