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JDS Uniphase Corp (NASDAQ:JDSU) SVP Andrew R. Pollack sold 1,801 shares of the company’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $11.00, for a total value of $19,811.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of JDS Uniphase Corp (NASDAQ:JDSU) traded up 0.59% on Wednesday, hitting $11.11. 983,924 shares of the company’s stock traded hands. JDS Uniphase Corp has a 52-week low of $10.29 and a 52-week high of $16.61. The stock’s 50-day moving average is $11.90 and its 200-day moving average is $12.45. The company’s market cap is $2.603 billion.

JDS Uniphase Corp (NASDAQ:JDSU) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.13 by $0.01. The company had revenue of $448.60 million for the quarter, compared to the consensus estimate of $437.09 million. On average, analysts predict that JDS Uniphase Corp will post $0.62 earnings per share for the current fiscal year.

A number of research firms have recently commented on JDSU. Analysts at Argus downgraded shares of JDS Uniphase Corp from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. They now have a $438.00 price target on the stock. Separately, analysts at S&P Equity Research raised their price target on shares of JDS Uniphase Corp from $0.11 to $0.24 in a research note on Wednesday, August 13th. They now have a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of JDS Uniphase Corp in a research note on Wednesday, August 13th. They now have a $11.00 price target on the stock, down previously from $12.50. Eight equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $47.96.

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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