Quantbot Technologies LP Has $737000 Stake in Finisar Corporation (FNSR)

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48 funds opened positions while 72 raised stakes.

Shares outstanding are recorded as 113.46 million and total shares floated are 110.02 million. William Blair restated an "outperform" rating on shares of Finisar Corporation in a research note on Friday, June 9th. Another trade for 35,888 shares valued at $1.26 million was sold by Adzema Kurt. Cubist Systematic Strategies Ltd Com stated it has 0.07% in Finisar Corporation (NASDAQ:FNSR). Finisar Corporation had a return on equity of 12.71% and a net margin of 9.37%. Rbf Limited Liability Company invested 0.08% in PTC Inc (NASDAQ:PTC). Non-GAAP earnings are seen at $0.37-$0.43 per share, vs. expectations of $0.51 per share. Hillsdale Invest Mngmt owns 33,500 shares for 0.21% of their portfolio. Vident Advisory Lc, a Georgia-based fund reported 130,266 shares. Hood River Capital Management LLC now owns 731,944 shares of the technology company's stock worth $21,812,000 after buying an additional 152,633 shares during the period. Federated Investors Inc Pa holds 53,296 shares. Nuveen Asset Limited Liability owns 138,948 shares. Renaissance Techs Ltd Liability Corp accumulated 4.16 million shares. Dnb Asset Mngmt As holds 56,120 shares or 0% of its portfolio. 2,084,285 shares of the stock were exchanged. The company has earned $130.24 million, or $1.13 a share in the quarter, compared with $13.07 million, or $0.12 a share for the same period past year. FERGUSON ROGER C sold $148,665 worth of stock. Shares for $150,927 were sold by Swanson Todd. For the quarter, shares are performing at -4.44%. Finisar Corporation (FNSR) has $3.22 billion valuation.

Rent-A-Center, Inc. (NASDAQ:RCII) reported that following preliminary key operating metrics for its Core U.S. and Acceptance NOW businesses for May 2017: Core U.S.

Finisar's earnings call commentary looms as a "positive for Lumentum as it suggests a potential near-term high-power laser opportunity that LITE could also potentially participate in as well - notably the high-power version carries higher average selling prices than the lower-power version", said James Kisner, a Jefferies analyst in a report. Therefore 85% are positive. During the last 52 weeks, the FNSR price has been as high as $36.85 and as low as $16.73. Finisar Corporation had 38 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has "Buy" rating by Goldman Sachs given on Tuesday, October 11. RBC Capital Markets downgraded the stock to "Sector Perform" rating in Wednesday, September 9 report. Three analysts have rated the stock with a hold rating, ten have given a buy rating and three have given a strong buy rating to the company's stock. On Monday, September 19 the stock rating was maintained by Needham with "Buy". The rating was maintained by Needham on Tuesday, September 6 with "Buy". The rating was maintained by Stifel Nicolaus on Friday, December 9 with "Buy". About 9.61 million shares traded or 223.57% up from the average.

Finisar Corp (NASDAQ:FNSR) 52-week high price stands at $36.85 and low price stands at $16.67, its price distance from 52-week high is -31.45% while its distance from 52-week low price is 51.53%. It has outperformed by 12.09% the S&P500.

The core business of Finisar and Lumentum is optical communications for telecom networks and data centers.

Zynga Inc. (NASDAQ:ZNGA) has a market cap of $3.04 billion and over the last 12 months, ZNGA has risen by 34.22%. The Company's optical subsystems consist of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in these networks, including the switches, routers, and servers used in wireline networks.

Another critical number in evaluating a stock is P/E or the price to earnings ratio.

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