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JDS Uniphase Corp. (NASDAQ:JDSU) Insider Thomas H. Waechter unloaded 8,092 shares of JDS Uniphase Corp. stock on the open market in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $13.51, for a total transaction of $109,322.92. Following the completion of the sale, the insider now directly owns 38,570 shares in the company, valued at approximately $521,081. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of JDS Uniphase Corp. (NASDAQ:JDSU) traded down 1.40% on Wednesday, hitting $13.38. The stock had a trading volume of 3,753,722 shares. JDS Uniphase Corp. has a one year low of $11.68 and a one year high of $16.61. The stock’s 50-day moving average is $12.70 and its 200-day moving average is $13.46. The company has a market cap of $3.124 billion and a P/E ratio of 43.77.

JDS Uniphase Corp. (NASDAQ:JDSU) last released its earnings data on Thursday, January 30th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.05. The company had revenue of $447.70 million for the quarter, compared to the consensus estimate of $433.70 million. On average, analysts predict that JDS Uniphase Corp. will post $0.59 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on JDSU shares. Analysts at MKM Partners raised their price target on shares of JDS Uniphase Corp. from $13.00 to $15.00 in a research note on Friday, January 31st. They now have a “neutral” rating on the stock. Separately, analysts at B. Riley raised their price target on shares of JDS Uniphase Corp. from $17.00 to $17.50 in a research note on Friday, January 31st. They now have a “buy” rating on the stock. Finally, analysts at William Blair upgraded shares of JDS Uniphase Corp. from a “market perform” rating to an “outperform” rating in a research note on Friday, January 31st. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $15.45.

JDS Uniphase Corporation (NASDAQ:JDSU) is a provider of communications test and measurement solutions and optical products for telecommunications service providers, wireless operators, cable operators, and network equipment manufacturers.

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