Jerry Rawls Insider Sell Transaction
Jerry Rawls, the Exec Chairman of the Board of Finisar Corporation (NASDAQ:FNSR)
Finisar Corp Stock Rating, Sentiment and Fundamentals
According to the fourteen big league analysts that cover the financial reports of Finisar Corp, we should expect to see earnings reach $1.05 per share in 2015. This will give it PE ratio of roughly 20.56 & growth rate YOY of 12.63%.
|Rating & Sentiment|
|Hedge Funds Sentiment:||NEUTRAL|
|Earnings + FCF Trend:||BUY|
* Read How Our Stock Ratings System Works
After taking into account our trend model and Jerry Rawls’s stock deal, we rate the stock “Neutral”. Over the last 200 days, the Finisar Corp’s share price has seen a steep raise of 9.08% and is now in a very steady and strong uptrend.
Price Chart of Finisar Corporation NASDAQ:FNSR Stock
Source: RightEdgeSystems, Yahoo Split & Dividend Adjusted Data and OctaFinance Interpretations
Legendary stock traders, who also include Stanley Druckenmiller, once said that the highest risk-adjusted returns are made when technical and fundamental analysis are combined. But with Finisar Corp’s stock, it doesn’t look the analysis agree.
Hedge Funds Ownership
Recently released 13F public fillings disclose 147 institutional investors and hedge funds holded Finisar Corp. In the last quarter, Finisar Corp had 99.26% institutional ownership. That is a high interest. Its up 4.83% from previous quarter. These institutional players and asset managers increased the total shares they own by 4.75 million to 103.11 million this quarter. There were 37 funds that closed their positions and 47 that reduced them. A total of 20 funds opened new positions in Finisar Corp and 64 increased their holdings.
This stock is held by two hedge funds in their Top 10 stock positions. They are: Kopp Investment Advisors Llc, Kingdom Ridge Capital Llc.
Paradigm Capital Management Inc Ny had the greatest investment with ownership of 253,375 shares as of Q4 2014 for 0.48% of the fund’s portfolio. Kopp Investment Advisors Llc is another bullish institutional investor possessing 982,789 shares of the company or 9.17% of their stocks portfolio. The stock is also 7.56% of the fund’s AUM. Christopher Zepf And Brian Thonn’s Kingdom Ridge Capital Llc have 3.20% of their stock portfolio invested in the stock for 426,614 shares. Moreover, Scott A. Bedford’s Penn Capital Management Co Inc disclosed it had purchased a stake worth 1.07% of the fund’s stock portfolio in the company. Linden Advisors Lp was also a notable supporter of the publicly listed company, possessing 53,400 shares. Finisar Corp is 0.20% of the fund’s stock portfolio.
Finisar Corporation NASDAQ:FNSR Company Profile
Finisar Corporation provides optical subsystems and components that are used in data communication and telecommunication applications. The Companyï¿½s optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables that provide the optical-electrical interface for interconnecting the electronic equipment which rely on the use of semiconductor lasers and photodetectors in with integrated circuits and optoelectronic packaging. The Company supplies optical transceivers and transponders that allow point-to-point communications on a fiber using a single specified wavelength that, bundled with multiplexing technologies, to supply multi-Gbps bandwidth over several wavelengths on the same fiber. The Company provides products known as wavelength selective switches (WSS). WSS are switches used to dynamically switch network traffic from one optical fiber to multiple other fibers without first converting the optical signal to an electronic signal.
Finisar Corp was created in Delaware on 1999-09-01. The company has 13000 employees. Today its market capitalization is: $2.19 billion and it has 101.86 million outstanding shares. Currently there are 100.95% shareholders and the institutional ownership is 100.95%. The stock closed at $21.5 yesterday and it had average 2 days volume of 131781 shares. It is down from the 30 days average shares volume of 480216. Finisar Corp has a 52weeks low of $14.22 and a 52 weeks high of $28.85. The stock price is above the 200 days simple moving average. Finisar Corp last issued its quarterly earnings stats on 03/05/2015. The company reported 0.17 EPS for the quarter, above the consensus estimate of 0.15 by 0.02. The company had a revenue of 306.28 million for 1/25/2015 and 296.98 million for 10/26/2014. Therefore, the revenue was 9.30 million up.
* Includes 395 shares received as an Issuer match under the Issuer’s 401K Plan on December 26 – 2014 and not required to be reported.
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