Investors sentiment decreased to 0.85 in 2018 Q2. Its down 0.31, from 1.16 in 2018Q1. It turned negative, as 70 investors sold COHR shares while 85 reduced holdings. 46 funds opened positions while 86 raised stakes. 22.05 million shares or 4.47% less from 23.08 million shares in 2018Q1 were reported. Aurora Counsel holds 6,410 shares. Shanda Asset Management Hldgs Ltd accumulated 11,888 shares or 0.29% of the stock. 4,908 were accumulated by Employees Retirement Association Of Colorado. Tealwood Asset Mngmt stated it has 19,614 shares. American International Group owns 50,156 shares. Walleye Trading Ltd Liability Co invested 0.01% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Robecosam Ag holds 0.26% of its portfolio in Coherent, Inc. (NASDAQ:COHR) for 40,000 shares. Verition Fund Mngmt Ltd Limited Liability Company invested 0.03% in Coherent, Inc. (NASDAQ:COHR). Great West Life Assurance Company Can has invested 0.01% in Coherent, Inc. (NASDAQ:COHR). Asset Management has invested 0.01% in Coherent, Inc. (NASDAQ:COHR). 667,808 were accumulated by Pictet Asset Mngmt Ltd. Quantitative Management Ltd Company holds 41,500 shares. Toronto Dominion Commercial Bank invested in 0% or 640 shares. Renaissance Tech Limited Company invested in 180,200 shares or 0.04% of the stock. Fmr Ltd Liability accumulated 23,500 shares.
Since August 14, 2018, it had 0 insider purchases, and 1 sale for $2.36 million activity.
Greatmark Investment Partners Inc increased its stake in Coherent Inc (Call) (COHR) by 2400% based on its latest 2018Q2 regulatory filing with the SEC. Greatmark Investment Partners Inc bought 48,000 shares as the company’s stock rose 9.92% with the market. The institutional investor held 50,000 shares of the capital goods company at the end of 2018Q2, valued at $7.82M, up from 2,000 at the end of the previous reported quarter. Greatmark Investment Partners Inc who had been investing in Coherent Inc (Call) for a number of months, seems to be bullish on the $3.13B market cap company. The stock increased 4.32% or $5.33 during the last trading session, reaching $128.59. About 449,447 shares traded or 2.95% up from the average. Coherent, Inc. (NASDAQ:COHR) has declined 30.39% since November 14, 2017 and is downtrending. It has underperformed by 46.01% the S&P500.
More notable recent Coherent, Inc. (NASDAQ:COHR) news were published by: Nasdaq.com which released: “Is Coherent Stock a Buy?” on October 25, 2018, also Seekingalpha.com with their article: “Coherent lowers FY guide on China slowdown” published on November 06, 2018, Nasdaq.com published: “Recent Analysis Shows National Presto Industries, Universal Forest Products, Coherent, Biglari, Urstadt Biddle …” on October 22, 2018. More interesting news about Coherent, Inc. (NASDAQ:COHR) were released by: Nasdaq.com and their article: “Why Coherent, Inc. Stock Fell 28.5% in October” published on November 09, 2018 as well as Seekingalpha.com‘s news article titled: “Coherent’s (COHR) CEO John Ambroseo on Q4 2018 Results – Earnings Call Transcript” with publication date: November 07, 2018.
Coherent, Inc. (NASDAQ:COHR) Ratings Coverage
Among 3 analysts covering Coherent (NASDAQ:COHR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Coherent had 3 analyst reports since July 27, 2018 according to SRatingsIntel. Longbow downgraded the stock to “Neutral” rating in Tuesday, October 9 report. The firm has “Buy” rating given on Friday, July 27 by Stifel Nicolaus. Barclays Capital maintained the shares of COHR in report on Tuesday, October 23 with “Overweight” rating.