Coherent CFO Helene Simonet Sells 8,878 Shares (COHR)
Coherent (NASDAQ:COHR) CFO Helene Simonet unloaded 8,878 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $59.50, for a total transaction of $528,241.00. Following the completion of the sale, the chief financial officer now directly owns 33,172 shares in the company. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Coherent (NASDAQ:COHR) traded up 0.14% during mid-day trading on Friday, hitting $58.40. 33,831 shares of the company’s stock traded hands. Coherent has a 1-year low of $39.08 and a 1-year high of $63.09. The stock’s 50-day moving average is $57.34 and its 200-day moving average is $56.92. The company has a market cap of $1.428 billion and a P/E ratio of 24.38.
Coherent (NASDAQ:COHR) last released its earnings data on Tuesday, July 30th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.83 by $0.08. The company had revenue of $213.70 million for the quarter, compared to the consensus estimate of $207.72 million. During the same quarter in the prior year, the company posted $0.88 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis.
Coherent, Inc (NASDAQ:COHR) is a suppliers of photonics-based solutions in a range of commercial and scientific research applications.
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