Today, the VICE PRESIDENT GLOBAL PRODUCT of NeoPhotonics (NYSE: NPTN), Yuen Wupen, sold shares of NPTN for $203.7K.
Following Yuen Wupen’s last NPTN Sell transaction on May 15, 2018, the stock climbed by 2.8%.
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Based on NeoPhotonics’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $81.1 million and GAAP net loss of $10.54 million. In comparison, last year the company earned revenue of $73.21 million and had a GAAP net loss of $9.34 million. Currently, NeoPhotonics has an average volume of 561.2K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $10.17, reflecting a 12.3% upside.
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NeoPhotonics Corp. engages in the design, development, and manufacture of hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. Its products include Pluggable Coherent Modules, Pluggable Coherent Modules, 100G/400G Client Transceivers, Optical Switching, 100G / 400G Laser Devices and Light Engines, Passive Components, Network Monitoring and Control, and 10G and Low Rate Components. The company was founded on October 31, 1996 and is headquartered in San Jose, CA.
