1 day Ago By ABMN Staff
Equities research analysts at StockNews.com started coverage on shares of EMCORE ( NASDAQ:EMKR – Get Free Report ) in a note issued to investors on Monday. The brokerage set a “hold” rating on the semiconductor company’s stock.
Separately, Craig Hallum downgraded EMCORE from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 8th. Read Our Latest Stock Analysis on EMCORE EMCORE Stock Performance Institutional Inflows and Outflows A hedge fund recently raised its stake in EMCORE stock. Kovack Advisors Inc.
increased its holdings in EMCORE Co. ( NASDAQ:EMKR – Free Report ) by 29.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 79,720 shares of the semiconductor company’s stock after buying an additional 18,250 shares during the quarter. Kovack Advisors Inc. owned about 0.
88% of EMCORE worth $176,000 at the end of the most recent reporting period. Hedge funds and other 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 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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