Coherent Corp (NYSE: COHR) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Coherent Corp is listed on the NYSE as a member of the Technology sector and is a part of the Scientific & Technical Instruments industry. The current market capitalization of Coherent Corp is $17.33B. A total of 2.94 million shares were traded on the day, compared to an average of 2.53M shares.

In the most recent transaction, HOWARD H XIA bought 2,000 shares of COHR for 110.72 per share on Dec 04 ’24. In a previous transaction on Dec 03 ’24, Koeppen Christopher sold 2,590 shares at 107.00 per share. COHR shares that Chief Innovation Officer owns now total 60,502.

Among the insiders who sold shares, Xia Howard H. disposed of 2,000 shares on Dec 04 ’24 at a per-share price of $110.72. This resulted in the Director holding 47,747 shares of COHR after the transaction. In another insider transaction, Xia Howard H. sold 970 shares at $106.00 per share on Dec 03 ’24. Company shares held by the Director now total 47,747.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, COHR has a high of $111.66 and a low of $37.50.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. COHR’s latest balance sheet shows that the firm has $2.58B in Cash & Short Term Investments as of fiscal 2022. There were $2.44B in debt and $1.27B in liabilities at the time. Its Book Value Per Share was $35.60, while its Total Shareholder’s Equity was $4.38B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for COHR is Buy with a score of 4.25.

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