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JDS Uniphase Corp (NASDAQ:JDSU) Insider David W. Heard unloaded 1,711 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $10.97, for a total transaction of $18,769.67. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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 research analysts have rated the stock with a hold rating and four have given 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 Corp (NASDAQ:JDSU) traded up 1.71% on Thursday, hitting $11.31. The stock had a trading volume of 618,312 shares. JDS Uniphase Corp has a one year low of $10.29 and a one year high of $16.61. The stock’s 50-day moving average is $11.8 and its 200-day moving average is $12.44. The company’s market cap is $2.650 billion.

JDS Uniphase Corp (NASDAQ:JDSU) last released its earnings data on Tuesday, August 12th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the 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. Analysts expect that JDS Uniphase Corp will post $0.62 EPS for the current fiscal year.

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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