Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
In a recent transaction, Xia Howard H., a director at Coherent Corp. (NASDAQ:NYSE:COHR), sold 1,000 shares of common stock on June 11, 2025. The shares were sold at a price of $83.00 each, amounting to a total sale value of $83,000. The sale price was notably above the current market price of $77.37, with the stock showing significant volatility this year, trading between $45.58 and $113.60. According to InvestingPro analysis, the stock appears fairly valued at current levels. Following this transaction, Xia Howard H. holds 47,747 shares directly.
Additionally, the director exercised options to acquire 1,000 shares of common stock at a price of $17.84 per share. This exercise was valued at $17,840. These options were part of a vesting schedule that began on August 15, 2016.
The transactions reflect Xia Howard H.’s ongoing management of their equity holdings in Coherent Corp.
In other recent news, Coherent Corp. has introduced an 18-watt laser diode designed for diode-pumped solid-state lasers, emphasizing its high conversion efficiency and polarization extinction ratio. This product targets applications in micromachining and semiconductor processing, highlighting the company’s vertical integration in manufacturing. Additionally, Coherent unveiled a diamond-loaded silicon carbide composite, boasting double the thermal performance of copper, aimed at improving thermal management in AI datacenters. The material is noted for its corrosion resistance and compatibility with direct liquid cooling systems.
Analysts have shown increased confidence in Coherent’s growth prospects. JPMorgan raised its price target for Coherent to $100, citing the company’s potential to achieve higher growth and margin targets. Citi also increased its price target to $115, reflecting optimism about Coherent’s focus on core businesses and improved profitability. Stifel maintained its $100 price target following Coherent’s Analyst/Investor Day, where the company outlined its strategic focus on photonic technologies and plans for profitability enhancement. These developments indicate a positive outlook from multiple analyst firms regarding Coherent’s strategic direction and potential growth.
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