Finisar Corporation (FNSR) - FREE Research Report

Adzema Kurt who is Chief Financial Officer at Finisar Corporation sold 205 shares at $24.90 on Jan. 13, 2014. Following this transaction, the Chief Financial Officer owned 96,205 shares meaning that the stake was reduced by 0.21% with the 205-share transaction.

The shares most recently traded at $23.63, down $1.27, or 5.37% since the insider transaction. Historical insider transactions for Finisar Corporation go as follows:

  • 4-Week # shares sold: 14,540
  • 12-Week # shares sold: 18,510
  • 24-Week # shares sold: 431,489

The average volume for Finisar Corporation has been 2.6 million shares per day over the past 30 days. Finisar Corporation has a market cap of $2.3 billion and is part of the technology sector and computer hardware industry. Shares are down 2.05% year-to-date as of the close of trading on Monday.

Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally. The company has a P/E ratio of 42.6. Currently there are 9 analysts that rate Finisar Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on FNSR - FREE

TheStreet Quant Ratings rates Finisar Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Finisar Corporation Ratings Report from TheStreet Quant Ratings now.

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