Fed’s Powell opens door to potential rate cuts at Jackson Hole
In a recent filing with the Securities and Exchange Commission, Coherent Corp. (NASDAQ:NYSE:COHR) disclosed that Christopher Koeppen, the company’s Executive Vice President of Aerospace & Defense, executed several transactions involving the company’s common stock on May 13, 2025.
Koeppen sold a total of 11,280 shares at a price of $80.00 per share, amounting to $902,400. These sales were conducted under a Rule 10b5-1 trading plan that Koeppen adopted on December 9, 2024. Following these transactions, Koeppen’s direct ownership stands at 50,212 shares.
Additionally, Koeppen exercised options to acquire 6,154 shares at a price of $36.56 per share, totaling approximately $224,990. These options were fully vested as of August 28, 2020.
This series of transactions reflects Koeppen’s continued involvement and adjustment of his holdings in Coherent Corp.
In other recent news, Coherent Inc. reported impressive financial results for Q3 2025, with earnings per share (EPS) of $0.91, exceeding the forecasted $0.855. The company achieved a record revenue of $1.5 billion, marking a 24% year-over-year increase. Coherent’s strategic focus on high-return projects and innovative product development, such as the introduction of 1.6T transceivers, has bolstered its performance in the competitive photonics market. Stifel analysts maintained a Buy rating on Coherent with a $100 target, highlighting the company’s effective execution on growth opportunities and a strategic move towards an optimized portfolio. Similarly, Citi analysts upheld a Buy rating with a $110 target, noting Coherent’s resilience in the face of industry challenges and its successful management of AI demand and tariffs. Coherent’s management anticipates flat revenue for the upcoming June quarter, with growth in Data Center & Communications expected to be offset by a slight decline in Industrial revenue. The company has also focused on reducing its debt by $136 million, enhancing financial stability. Coherent’s proactive measures to diversify its supply chain have minimized tariff impacts, while its pricing and cost optimization initiatives have contributed to higher-than-expected margins.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.