1 week Ago By Defense World Staff
CommScope Holding Company, Inc. ( NASDAQ:COMM – Get Free Report )’s share price fell 4.7% during trading on Friday .
The stock traded as low as $3.23 and last traded at $3.28.
293,912 shares traded hands during trading, a decline of 94% from the average session volume of 4,818,409 shares. The stock had previously closed at $3.44.
Wall Street Analyst Weigh In COMM has been the subject of several recent research reports. JPMorgan Chase & Co. raised shares of CommScope from an “underweight” rating to a “neutral” rating and set a $5.
00 price objective for the company in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $7.00 price target on shares of CommScope in a report on Thursday, February 27th.
Morgan Stanley cut shares of CommScope from an “equal weight” rating to an “underweight” rating and set a $5.00 price objective for the company. in a research report on Tuesday, December 17th.
Raymond James lowered CommScope from a “market perform” rating to an “underperform” rating in a research report on Monday, January 6th. Finally, StockNews.com raised CommScope from a “hold” rating to a “buy” rating in a report on Friday, February 28th.
Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $4.75.
View Our Latest Stock Report on COMM CommScope Stock Performance Institutional Inflows and Outflows Large investors have recently bought and sold shares of the company. Aster Capital Management DIFC Ltd bought a new position in CommScope during the fourth quarter worth $27,000. National Bank of Canada FI lifted its position in shares of CommScope by 109.
1% in the 3rd quarter. National Bank of Canada FI now owns 5,475 shares of the communications equipment provider’s stock worth $33,000 after buying an additional 2,857 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of CommScope by 826.
0% in the 4th quarter. Sterling Capital Management LLC now owns 6,760 shares of the communications equipment provider’s stock valued at $35,000 after buying an additional 6,030 shares during the period. Tower Research Capital LLC TRC grew its position in shares of CommScope by 67.
6% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,986 shares of the communications equipment provider’s stock valued at $52,000 after buying an additional 4,026 shares during the last quarter. Finally, Sciencast Management LP acquired a new stake in CommScope during the fourth quarter worth about $56,000.
Institutional investors own 88.04% of the company’s stock. About CommScope ( Get Free Report ) CommScope Holding Company, Inc provides infrastructure solutions for communications, data center, and entertainment networks worldwide.
The company operates through Connectivity and Cable Solutions (CCS); Outdoor Wireless Networks (OWN); Networking, Intelligent Cellular and Security Solutions (NICS), and Access Network Solutions (ANS) segments. Read More Five stocks we like better than CommScope What Investors Need to Know About Upcoming IPOs Robinhood Strategies Could Be a Game-Changer for Young Investors Low PE Growth Stocks: Unlocking Investment Opportunities Are These 3 Retail Stocks Oversold or Really in Trouble? How Investors Can Identify and Successfully Trade Gap-Down Stocks IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Receive News & Ratings for CommScope Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommScope and related companies with MarketBeat.com's FREE daily email newsletter .
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