Analyst Downgrades – Acacia Communications (NASDAQ:ACIA) Stock Gets Downgraded By Morgan Stanley from Equal Weight to Underweight

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

Today, Acacia Communications (NASDAQ:ACIA) stock was downgraded by Morgan Stanley from Equal Weight to Underweight with a price target of $37.00.

Some recent analyst ratings include

  • 3/9/2018-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $37.00 price target on the stock.
  • 2/23/2018-MKM Partners Reiterated Rating of Buy .
  • 2/23/2018-Needham & Company LLC Reiterated Rating of Buy .
  • 2/23/2018-DA Davidson was Downgraded by analysts at DA Davidson from a “Buy ” rating to a ” Neutral” rating. They now have a $38.00 price target on the stock, up previously from $48.00 .
  • 2/21/2018-William Blair Reiterated Rating of Outperform.
  • 2/13/2018-Piper Jaffray Companies initiated coverage with a Overweight rating.

Recent Insider Trading Activity For Acacia Communications (NASDAQ:ACIA)
Acacia Communications (NASDAQ:ACIA) has insider ownership of 37.10% and institutional ownership of 89.26%.

  • On 3/6/2018 John F. Gavin, CFO, sold 16,000 with an average share price of $38.66 per share and the total transaction amounting to $618,560.00.
  • On 3/6/2018 Mehrdad Givehchi, VP, sold 21,060 with an average share price of $38.96 per share and the total transaction amounting to $820,497.60.
  • On 2/14/2018 Benny P. Mikkelsen, CTO, sold 1,900 with an average share price of $38.48 per share and the total transaction amounting to $73,112.00.
  • On 2/14/2018 Bhupendra C. Shah, VP, sold 893 with an average share price of $38.48 per share and the total transaction amounting to $34,362.64.
  • On 2/14/2018 John F. Gavin, CFO, sold 639 with an average share price of $38.48 per share and the total transaction amounting to $24,588.72.
  • On 2/14/2018 Murugesan Shanmugaraj, CEO, sold 1,898 with an average share price of $38.48 per share and the total transaction amounting to $73,035.04.
  • On 1/29/2018 Christian J. Rasmussen, VP, sold 32,000 with an average share price of $35.05 per share and the total transaction amounting to $1,121,600.00.

Recent Trading Activity for Acacia Communications (NASDAQ:ACIA)
Shares of Acacia Communications closed the previous trading session at 40.64 down -1.40 3.33% with 39.97999954223633 shares trading hands.