Coherent, Inc. (NASDAQ:COHR)
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A supplier of photonics-based solutions in a broad range of commercial and scientific research applications. Designs, manufactures and markets lasers, laser-based systems, precision optics and related accessories.
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Whoa! Insiders bailing.
Meh, each of the recent sales appears to be exercising options. With the stock price reaching levels it hasn't seen in 2.5 years, can anyone blame them for giving themselves a bonus this year? Coherent's performance trajectory angled up and away from the market last Sept. and this options exercising is an ambiguous signal at best.