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In a recent series of transactions, Xia Howard H., a director at Coherent Corp. (NASDAQ:NYSE:COHR), engaged in multiple stock transactions involving the company’s common stock. The timing is notable, as the stock has shown significant momentum with an 11% return over the past week and a 43% gain over the last year, according to InvestingPro data. On May 9 and May 12, Howard exercised options to acquire a total of 3,000 shares at a price of $17.84 each. Following the acquisition, Howard sold 3,000 shares in separate transactions, fetching prices ranging from $72.685 to $78.00 per share. The total value of the shares sold amounted to $227,525. With the stock currently trading at $77.77 and analysts setting price targets between $70 and $125, tracking insider moves becomes crucial. InvestingPro subscribers gain access to comprehensive insider trading analysis and 10+ additional expert insights about COHR.
After these transactions, Howard’s direct ownership in Coherent Corp. stands at 47,747 shares. The company maintains strong liquidity with a current ratio of 2.47, indicating healthy short-term financial stability despite recent market volatility.
In other recent news, Coherent Inc. reported strong financial results for Q3 2025, with earnings per share of $0.91, surpassing the forecasted $0.855. The company’s revenue reached a record $1.5 billion, marking a 24% increase compared to the previous year. Coherent also successfully reduced its debt by $136 million, enhancing its financial stability. Analysts at Stifel and Citi maintained their Buy ratings on Coherent, with price targets of $100 and $110, respectively, highlighting the company’s effective execution on growth opportunities and strategic focus on profitability. Coherent’s Datacom revenue saw significant growth, with a notable 54% year-over-year increase, while its Data Center & Communications revenue rose by 46%. The company introduced innovative products, such as 1.6T transceivers, indicating potential for future growth. However, Coherent’s guidance for the June quarter anticipates flat revenue, balancing growth in Data Center & Communications with a modest decline in Industrial revenue. Management remains cautious about the Industrial segment due to macroeconomic and tariff-related impacts, but analysts express confidence in Coherent’s long-term prospects.
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