In a filing, Coherent Corp revealed its Chief Innovation Officer Koeppen Christopher unloaded Company’s shares for reported $0.32 million on Dec 16 ’24. In the deal valued at $108.84 per share,2,916 shares were sold. As a result of this transaction, Koeppen Christopher now holds 55,338 shares worth roughly $3.59 million.
Then, Koeppen Christopher sold 2,248 shares, generating $236,051 in total proceeds. Upon selling the shares at $105.00, the Chief Innovation Officer now owns 58,254 shares.
Before that, CHRISTOPHER KOEPPEN bought 2,916 shares. Coherent Corp shares valued at $317,377 were divested by the Officer at a price of $108.84 per share.
Raymond James upgraded its Coherent Corp [COHR] rating to a Strong buy from a an Outperform in a research note published on March 24, 2025; the price target was decreased to $91 from $110. Jefferies began covering COHR with “Buy” recommendation on December 04, 2024.
Price Performance Review of COHR
On Monday, Coherent Corp [NYSE:COHR] saw its stock fall -1.20% to $64.94. Over the last five days, the stock has lost -15.34%. Coherent Corp shares have fallen nearly -31.45% since the year began. Nevertheless, the stocks have risen 6.67% over the past one year. While a 52-week high of $113.60 was reached on 01/22/25, a 52-week low of $48.78 was recorded on 03/13/25. SMA at 50 days reached $80.11, while 200 days put it at $85.09.
Levels Of Support And Resistance For COHR Stock
The 24-hour chart illustrates a support level at 62.32, which if violated will result in even more drops to 59.71. On the upside, there is a resistance level at 66.40. A further resistance level may holdings at 67.87. The Relative Strength Index (RSI) on the 14-day chart is 40.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.74%. Stochastics %K at 34.75% indicates the stock is a holding.
How much short interest is there in Coherent Corp?
A steep rise in short interest was recorded in Coherent Corp stocks on 2025-03-14, growing by 0.8 million shares to a total of 6.1 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.3 million shares. There was a rise of 13.07%, which implies that there is a positive sentiment for the stock.
