1 week Ago By Defense World Staff
Analysts at StockNews.com started coverage on shares of EMCORE ( NASDAQ:EMKR – Get Free Report ) in a research report issued on Sunday. The brokerage set a “hold” rating on the semiconductor company’s stock.
Separately, Craig Hallum lowered EMCORE from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 8th. View Our Latest Report on EMCORE EMCORE Stock Down 0.7 % Hedge Funds Weigh In On EMCORE An institutional investor recently raised its position in EMCORE stock.
Kovack Advisors Inc. lifted its stake in shares of EMCORE Co. ( NASDAQ:EMKR – Free Report ) by 29.
7% in the third quarter, according to its most recent filing with the SEC. The fund owned 79,720 shares of the semiconductor company’s stock after acquiring an additional 18,250 shares during the period. Kovack Advisors Inc.
owned approximately 0.88% of EMCORE worth $176,000 as of its most recent SEC filing. 65.
66% of the stock is owned by institutional investors. About EMCORE ( Get Free Report ) EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing systems, and battlefield/artillery survey systems.
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