Oclaro, Inc. (NASDAQ:OCLR) went up to recover about 36.17% since recording its record low price of $6.12. The stock experienced -4.26% slump, arriving at $8.32 on Aug. 10, 2017. During the day, the stock price traveled from $8.31 to $8.8. This company shares are 51.92% off its target price of $12.64 and the current market capitalization stands at $1.51B. The recent change has given its price a -13.51% deficit over SMA 50 and -26.37% deficit over its 52-week high. The stock witnessed -13.24% declines, -6.62% declines and -11.86% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found OCLR’s volatility during a week at 6.8% and during a month it has been found around 5.12%.

Oclaro, Inc. (OCLR) Top Holders

Institutional investors currently hold around $1.09 billion or 75% in OCLR stock. Look at its top three institutional owners. Wellington Management Group Llp owns $84.62 million in Oclaro, Inc., which represents roughly 5.6% of the company’s market cap and approximately 7.77% of the institutional ownership. Similar statistics are true for the second largest owner, Ameriprise Financial Inc, which owns 7,973,627 shares of the stock are valued at $69.29 million. The third largest holder is Blackrock Inc., which currently holds $66.48 million worth of this stock and that ownership represents nearly 4.4% of its market capitalization.

Oclaro, Inc. 13F Filings

At the end of Mar reporting period, 178 institutional holders increased their position in Oclaro, Inc. (NASDAQ:OCLR) by some 39,937,617 shares, 115 decreased positions by 30,660,836 and 26 held positions by 54,684,660. That puts total institutional holdings at 125,283,113 shares, according to SEC filings. The stock grabbed 86 new institutional investments totaling 13,083,523 shares while 39 institutional investors sold out their entire positions totaling 12,608,547 shares.

Oclaro, Inc. (NASDAQ:OCLR) Insider Trades

Multiple company employees have indulged in significant insider trading. Oclaro, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP of Human Resources Paul Lisa has sold 5,000 shares of Oclaro, Inc. (OCLR) in trading session dated Jun. 01, 2017. These shares are worth $45,850 and were traded at $9.17 each. The SEC filing shows that Mason Thomas Gordon Beck performed a sale of 32,352 shares. The President, IPB disposed these shares by way of transaction on May. 16, 2017. The company’s shares were given away at $9.12 per share worth to an income of some $295,050 on account of Mason Thomas Gordon Beck.

CEO, Dougherty Greg, sold 40,000 common shares of Oclaro, Inc. (OCLR) in the open market. In a transaction dated May. 12, 2017, the shares were put up for sale at an average price of $9, raking in a sum of $360,000. After this sale, 1,180,619 common shares of OCLR are directly owned by the insider, with total stake valued at $9,822,750.

In the transaction dated May. 12, 2017, the great number of shares disposed came courtesy the Principal Accounting Officer; Fernicola Michael H disposed a total of 5,067 shares at an average price of $8.77, amounting to approximately $44,438. The insider now directly owns 56,225 shares worth $467,792.

Oclaro, Inc. (OCLR) Analyst Guide

Several analysts have released their opinion on Oclaro, Inc. (NASDAQ:OCLR), with 10 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.