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JDS Uniphase Corp (NASDAQ:JDSU) SVP Andrew R. Pollack sold 1,568 shares of the stock on the open market in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $11.63, for a total transaction of $18,235.84. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

JDSU has been the subject of a number of recent research reports. 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 stock. The company has a consensus rating of “Hold” and a consensus target price of $47.96.

JDS Uniphase Corp (NASDAQ:JDSU) traded down 1.47% during mid-day trading on Wednesday, hitting $11.765. 665,042 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 has a 50-day moving average of $11.79 and a 200-day moving average of $12.41. The company’s market cap is $2.757 billion. JDS Uniphase Corp also was the target of unusually large options trading on Tuesday. Investors purchased 12,467 call options on the stock. This represents an increase of 413% compared to the average daily volume of 2,428 call options.

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. 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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