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JDS Uniphase Corp (NASDAQ:JDSU) SVP Andrew R. Pollack unloaded 1,567 shares of JDS Uniphase Corp stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $10.79, for a total value of $16,907.93. The transaction was disclosed in a filing with the SEC, which is available at this link.

JDS Uniphase Corp (NASDAQ:JDSU) opened at 10.92 on Wednesday. JDS Uniphase Corp has a 52 week low of $10.29 and a 52 week high of $16.61. The stock has a 50-day moving average of $11.97 and a 200-day moving average of $12.73. The company has a market cap of $2.563 billion and a P/E ratio of 26.19. JDS Uniphase Corp also was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totalling 5,879,276 shares, a decline of 17.0% from the April 30th total of 7,087,084 shares. Based on an average trading volume of 6,352,402 shares, the short-interest ratio is presently 0.9 days. Currently, 2.6% of the shares of the stock are short sold.

JDS Uniphase Corp (NASDAQ:JDSU) last released its earnings data on Wednesday, April 30th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.01. The company had revenue of $418.00 million for the quarter, compared to the consensus estimate of $431.73 million. Analysts expect that JDS Uniphase Corp will post $0.55 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of JDS Uniphase Corp in a research note on Thursday, May 1st. They now have a $16.00 price target on the stock. Separately, analysts at MKM Partners cut their price target on shares of JDS Uniphase Corp from $18.00 to $15.00 in a research note on Thursday, May 1st. They now have a “buy” rating on the stock. Finally, analysts at Evercore Partners cut their price target on shares of JDS Uniphase Corp to $14.00 in a research note on Thursday, May 1st. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $14.95.

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

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