What Can We Expect after a NeoPhotonics (NYSE:NPTN) Downgrade from “Buy” to “Neutral” Rating?

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Investors sentiment increased to 1.44 in 2018 Q2. Its up 0.49, from 0.95 in 2018Q1. It improved, as 11 investors sold NeoPhotonics Corporation shares while 21 reduced holdings. 18 funds opened positions while 28 raised stakes. 25.22 million shares or 5.28% less from 26.62 million shares in 2018Q1 were reported.

Masters Cap Mngmt Ltd Liability accumulated 2.00 million shares. Ameritas Prtn has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). California Public Employees Retirement System has 19,700 shares. Manufacturers Life The accumulated 29,767 shares. Needham Inv Mgmt Limited Liability Corp holds 0.43% or 245,000 shares. Awm Co accumulated 2.37 million shares. Axa has 24,300 shares for 0% of their portfolio. California State Teachers Retirement Sys reported 52,903 shares. Kennedy Capital Management Incorporated has 0.08% invested in NeoPhotonics Corporation (NYSE:NPTN) for 731,741 shares. Moreover, Geode Mngmt Ltd Liability Corporation has 0% invested in NeoPhotonics Corporation (NYSE:NPTN) for 333,119 shares. New York-based Goldman Sachs Inc has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). Moreover, Boston Prtnrs has 0.01% invested in NeoPhotonics Corporation (NYSE:NPTN). Raymond James And owns 0% invested in NeoPhotonics Corporation (NYSE:NPTN) for 80,350 shares. 120,418 are owned by Art Advsr. White Pine Capital Lc holds 290,560 shares.

Since August 28, 2018, it had 0 insider purchases, and 3 selling transactions for $292,923 activity. Wupen Yuen sold $203,783 worth of stock. cheung Chiyue had sold 10,000 shares worth $81,090 on Monday, September 10.

NeoPhotonics (NYSE:NPTN) Receives a Downgrade

In analysts report sent to investors on Thursday morning, analysts at B. Riley FBR’s research division cut shares of NeoPhotonics (NYSE:NPTN) stock from their previous “Buy” rating to a “Neutral”. They now have a $8.25 TP on NPTN or a 37.73 % upside.

The stock decreased 22.61% or $1.75 during the last trading session, reaching $5.99. About 1.25M shares traded or 97.52% up from the average. NeoPhotonics Corporation (NYSE:NPTN) has risen 30.72% since December 6, 2017 and is uptrending. It has outperformed by 15.10% the S&P500.

Analysts await NeoPhotonics Corporation (NYSE:NPTN) to report earnings on March, 7. They expect $-0.11 EPS, up 64.52 % or $0.20 from last year’s $-0.31 per share. After $-0.12 actual EPS reported by NeoPhotonics Corporation for the previous quarter, Wall Street now forecasts -8.33 % EPS growth.

NeoPhotonics Corporation develops, manufactures, and sells hybrid photonic integrated optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks. The company has market cap of $275.84 million. It offers high speed products, including transmitter, receiver, and switching products for 100G and optical transmission applications over distances of 2 to 2,000 kilometers; and optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generates ultra-pure wavelength or color for coherent transmission, as well as integrated coherent receivers (ICRs), which decodes the phase and polarization encoded coherent signals. It currently has negative earnings. The firm also engages in developing pluggable coherent modules that combine NLW-ITLA with ICR and a coherent modulator; and offers 100G products for the client side and datacenter applications.

More notable recent NeoPhotonics Corporation (NYSE:NPTN) news were published by: Fool.com which released: “How NeoPhotonics Corp. Shares Gained 38% Last Month – The Motley Fool” on September 02, 2018, also Globenewswire.com with their article: “Analysis: Positioning to Benefit within Sotheby’s, NeoPhotonics, Knoll, AmeriGas Partners, San Juan Basin Royalty Trust, and Hersha Hospitality Trust — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” published on October 08, 2018, Seekingalpha.com published: “Winners and losers among opticals from U.S. ban on ZTE sales – Seeking Alpha” on April 16, 2018. More interesting news about NeoPhotonics Corporation (NYSE:NPTN) were released by: Seekingalpha.com and their article: “NeoPhotonics’ (NPTN) CEO Tim Jenks on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 08, 2018 as well as Seekingalpha.com‘s news article titled: “Applied Opto -13% on revenue guidance; bull Raymond James downgrades – Seeking Alpha” with publication date: September 28, 2018.

NeoPhotonics Corporation (NYSE:NPTN) Institutional Positions Chart

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