A Director at Emcore (NASDAQ: EMKR) is Buying Shares

Yesterday, a Director at Emcore (EMKRResearch Report), Stephen Domenik, bought shares of EMKR for $34.4K.

This recent transaction increases Stephen Domenik’s holding in the company by 32.56% to a total of $136.8K. This is Domenik’s first transaction since reporting a Buy transaction on PXLW back in February 2016

See today’s analyst top recommended stocks >>

Based on Emcore’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $25.48 million and GAAP net loss of $1.34 million. In comparison, last year the company earned revenue of $24 million and had a GAAP net loss of $5.54 million. Currently, Emcore has an average volume of 89.87K. The company has a one-year high of $4.31 and a one-year low of $2.65.

Starting in May 2019, EMKR received 16 Buy ratings in a row.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

EMCORE Corp. engages in the manufacture and provision of mixed-signal optics products. It offers catv broadband transport and access; lasers and components; chip level devices; satellite RF fiber optic transport; wireless/distributed antenn systems; microwave components; fiber optics gyros, sensors, and navigation systems.