Today it was reported that a Director at Oclaro (NASDAQ: OCLR), Edward Collins, exercised options to buy 8,000 OCLR shares at $3.65 a share, for a total transaction value of $29.2K. The options were close to expired and Edward Collins retained stocks.
Following Edward Collins’ last OCLR Buy transaction on September 02, 2015, the stock climbed by 5.8%. Following this transaction Edward Collins’ holding in the company was increased by 4.96% to a total of $1.43 million.
OCLR’s market cap is $1.44B and the company has a P/E ratio of 22.86. Currently, Oclaro has an average volume of 1.79M.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Oclaro, Inc. engages in the design, manufacturing and marketing of optical components and modules for the long-haul, metro and data center markets. It also provides solutions for optical networks and high-speed interconnects for streaming video, cloud computing, application virtualization and other bandwidth-intensive and high-speed applications.