Analyst Downgrades – Acacia Communications (NASDAQ:ACIA) Stock Gets Downgraded By Needham & Company LLC from Buy to Hold

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

Today, Acacia Communications (NASDAQ:ACIA) stock was downgraded by Needham & Company LLC from Buy to Hold.

Some recent analyst ratings include

  • 2/23/2018-Needham & Company LLC was Downgraded by analysts at Needham & Company LLC from a “Buy ” rating to a ” Hold” rating.
  • 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.
  • 1/29/2018-Loop Capital initiated coverage with a Buy rating.
  • 11/3/2017-AltaCorp Capital Upgrade from a “Neutral ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Acacia Communications (NASDAQ:ACIA)
Acacia Communications (NASDAQ:ACIA) has insider ownership of 37.10% and institutional ownership of 92.11%.

  • 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.
  • On 1/22/2018 Francis J. Murphy, Insider, sold 436 with an average share price of $36.75 per share and the total transaction amounting to $16,023.00.
  • On 1/9/2018 Murugesan Shanmugaraj, CEO, sold 6,975 with an average share price of $38.23 per share and the total transaction amounting to $266,654.25.

Recent Trading Activity for Acacia Communications (NASDAQ:ACIA)
Shares of Acacia Communications closed the previous trading session at with 33.689998626708984 shares trading hands.