1 day Ago By Defense World Staff
Equities research analysts at StockNews.com initiated coverage on shares of EMCORE ( NASDAQ:EMKR – Get Free Report ) in a research report issued on Monday. The firm 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. Get Our Latest Report on EMKR EMCORE Stock Performance Institutional Investors Weigh In On EMCORE A hedge fund recently raised its stake in EMCORE stock. Archon Capital Management LLC raised its holdings in shares of EMCORE Co.
( NASDAQ:EMKR – Free Report ) by 65.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,552,577 shares of the semiconductor company’s stock after purchasing an additional 4,951,568 shares during the quarter.
EMCORE accounts for 1.5% of Archon Capital Management LLC’s portfolio, making the stock its 22nd largest position. Archon Capital Management LLC owned 162.
39% of EMCORE worth $4,331,000 as of its most recent SEC filing. Institutional investors own 65.66% of the company’s stock.
EMCORE Company Profile ( 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. Featured Stories Five stocks we like better than EMCORE 3 Tickers Leading a Meme Stock Revival Super Micro Computer Soars 28%: Is It Really Out of the Woods? What is the Australian Securities Exchange (ASX) Traders Are Flocking Back to Oil: What’s Fueling the Optimism What Investors Need to Know to Beat the Market 3 Hot Stock Trends to Ride Into 2025 Receive News & Ratings for EMCORE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCORE and related companies with MarketBeat.
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