NeoPhotonics Corporation (NYSE:NPTN) Weekly Ratings on Jun 27, 2018

June 27, 2018 - By Eric Painter

NeoPhotonics Corporation (NYSE:NPTN) Corporate Logo
Big Money Sentiment increased to 0.95 in Q1 2018. It has change of 0.11, from 2017Q4’s 0.84. The ratio increased due to NeoPhotonics Corporation positioning: 15 sold and 24 reduced. 12 funds took stakes and 25 increased stakes. Investors holded 27.37 million in 2017Q4 but now own 26.62 million shares or 2.74% less.
Granite Point Cap Mgmt Ltd Partnership owns 155,402 shs. Morgan Stanley reported 225,784 shs. Kennedy Capital reported 0.1% stake. Moreover, Us Fincl Bank De has 0% invested in NeoPhotonics Corporation (NYSE:NPTN) for 548 shs. Fincl Bank Of Montreal Can accumulated 100,152 shs. One Trading Limited Partnership holds 0% of its capital in NeoPhotonics Corporation (NYSE:NPTN) for 31,892 shs. State Street Corp invested in 0% or 576,483 shs. Blackrock holds 0% in NeoPhotonics Corporation (NYSE:NPTN) or 2.01M shs. Dimensional Fund Limited Partnership invested in 0.01% or 2.69M shs. New York State Common Retirement Fund accumulated 28,500 shs. 280,000 are owned by Geode Management. Moreover, Wellington Management Grp Incorporated Ltd Liability Partnership has 0% invested in NeoPhotonics Corporation (NYSE:NPTN). Fisher Asset Ltd Co invested 0% in NeoPhotonics Corporation (NYSE:NPTN). Cooper Creek Prns Mgmt Limited holds 2.85% or 736,233 shs in its capital. Barclays Public Limited accumulated 42,139 shs.

NeoPhotonics Corporation (NYSE:NPTN) Ratings Coverage

In total 6 analysts cover NeoPhotonics (NYSE:NPTN). “Buy” rating has 4, “Sell” are 0, while 2 are “Hold”. (NYSE:NPTN) has 67% bullish analysts. 7 are the (NYSE:NPTN)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. The company rating was maintained by Needham on Friday, March 2. On Monday, March 19 the stock has “Buy” rating by Northland Capital. In Friday, March 9 report Rosenblatt maintained the stock with “Buy” rating. On Wednesday, May 9 the firm has “Neutral” rating given by FBR Capital. On Friday, March 2 the stock has “Buy” rating by Cowen & Co. In Monday, January 29 report PiperJaffray downgraded the stock to “Neutral” rating. On Friday, March 2 the stock has “Buy” rating by Northland Capital. Listed here are NeoPhotonics Corporation (NYSE:NPTN) PTs and latest ratings.

09/05/2018 Broker: FBR Capital Old Rating: Neutral New Rating: Neutral Old Target: $5.75 New Target: $6.5 Maintain
19/03/2018 Broker: Northland Capital Rating: Buy New Target: $10.5 Maintain
09/03/2018 Broker: Rosenblatt Rating: Buy New Target: $13.0 Maintain
02/03/2018 Broker: Northland Capital Rating: Buy New Target: $9.0 Maintain
02/03/2018 Broker: Cowen & Co Rating: Buy New Target: $11.0 Maintain
02/03/2018 Broker: Needham Rating: Buy New Target: $9.0 Maintain
29/01/2018 Broker: PiperJaffray Old Rating: Overweight New Rating: Neutral Downgrade

The stock increased 0.83% or $0.05 during the last trading session, touching $6.04.Currently NeoPhotonics Corporation is downtrending after 23.58% change in last June 27, 2017. NPTN has 92,410 shares volume. The stock underperformed the S&P 500 by 36.15%.

NeoPhotonics Corporation develops, manufactures, and sells hybrid photonic integrated optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks.The firm is valued at $269.14 million. It offers high speed products, including transmitter, receiver, and switching products for 100G and optical transmission applications over distances of 2 to 2,000 kilometers; and optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generates ultra-pure wavelength or color for coherent transmission, as well as integrated coherent receivers (ICRs), which decodes the phase and polarization encoded coherent signals.Last it reported negative earnings. The firm also engages in developing pluggable coherent modules that combine NLW-ITLA with ICR and a coherent modulator; and offers 100G products for the client side and datacenter applications.

There’s a significant NeoPhotonics Corporation (NYSE:NPTN) news posted by Seekingalpha.com. It’s an item titled: “Lumentum: A Diversified Growth Opportunity” on June 26, 2018.

NeoPhotonics Corporation (NYSE:NPTN) Institutional Investors Chart

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