Inside Transaction: John Barry Purchased 242,186 Shares of Prospect Capital (PSEC); 11 Analysts Are Bullish Finisar (FNSR) Last Week

Among 18 analysts covering Finisar Corporation (NASDAQ:FNSR), 11 have Buy rating, 1 Sell and 6 Hold. Therefore 61% are positive. Finisar Corporation had 77 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, December 13 by Stifel Nicolaus. Craig Hallum maintained the shares of FNSR in report on Tuesday, January 2 with “Buy” rating. PiperJaffray downgraded Finisar Corporation (NASDAQ:FNSR) on Monday, January 29 to “Neutral” rating. The stock has “Hold” rating by Loop Capital on Monday, February 26. The stock of Finisar Corporation (NASDAQ:FNSR) earned “Buy” rating by Jefferies on Wednesday, November 1. The firm has “Buy” rating given on Wednesday, August 23 by Stifel Nicolaus. Piper Jaffray maintained the shares of FNSR in report on Sunday, September 17 with “Buy” rating. Northland Capital maintained it with “Buy” rating and $39.0 target in Wednesday, September 6 report. The stock has “Sell” rating by Goldman Sachs on Monday, January 15. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, September 12 report. See Finisar Corporation (NASDAQ:FNSR) latest ratings:

05/03/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Outperform Downgrade
01/03/2018 Broker: B. Riley & Co Old Rating: Neutral New Rating: Neutral Old Target: $20 New Target: $18 Maintain
26/02/2018 Broker: Loop Capital Old Rating: Hold New Rating: Hold Old Target: $19 New Target: $17 Maintain
02/02/2018 Broker: Jefferies Rating: Buy New Target: $23.0 Maintain
29/01/2018 Broker: Needham Rating: Buy New Target: $25.0 Upgrade
30/01/2018 Broker: Loop Capital Rating: Hold New Target: $19 Initiates Coverage On
29/01/2018 Broker: PiperJaffray Old Rating: Overweight New Rating: Neutral Downgrade
24/01/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $26 New Target: $24 Maintain
15/01/2018 Broker: Goldman Sachs Rating: Sell Downgrade
02/01/2018 Broker: Craig Hallum Rating: Buy Maintain

John Barry currently the CHIEF EXECUTIVE OFFICER of Prospect Capital Corp recently purchased 242,186 shares of the public firm . The substantial insider transaction has $1.59 million US Dollars total value, at an average stock price value of $6.6. It seems he is very active lately as in the last 30 days, he purchased additional 864,425 shares of the company, worth $5.78 million USD. John Barry currently owns 34.33 million shares which make up roughly 10%+ of the New York-based company’s total market capitalization.

The stock increased 1.30% or $0.085 during the last trading session, reaching $6.645. About 1.36M shares traded. Prospect Capital Corporation (NASDAQ:PSEC) has risen 10.36% since March 6, 2017 and is uptrending. It has underperformed by 6.34% the S&P500.

Analysts await Prospect Capital Corporation (NASDAQ:PSEC) to report earnings on May, 8. They expect $0.18 earnings per share, down 10.00% or $0.02 from last year’s $0.2 per share. PSEC’s profit will be $65.07M for 9.23 P/E if the $0.18 EPS becomes a reality. After $0.20 actual earnings per share reported by Prospect Capital Corporation for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

Since December 8, 2017, it had 15 buys, and 0 insider sales for $16.24 million activity. The insider Barry John F bought $830,983. On Tuesday, December 12 Eliasek M Grier bought $68,300 worth of Prospect Capital Corporation (NASDAQ:PSEC) or 10,000 shares.

Among 9 analysts covering Prospect Capital Corporation (NASDAQ:PSEC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Prospect Capital Corporation has $10.50 highest and $6 lowest target. $8.50’s average target is 27.92% above currents $6.645 stock price. Prospect Capital Corporation had 16 analyst reports since August 27, 2015 according to SRatingsIntel. RBC Capital Markets maintained Prospect Capital Corporation (NASDAQ:PSEC) rating on Thursday, February 11. RBC Capital Markets has “Sector Perform” rating and $9 target. As per Friday, January 29, the company rating was initiated by National Securities. As per Thursday, February 11, the company rating was downgraded by Raymond James. National Securities downgraded the shares of PSEC in report on Wednesday, July 20 to “Sell” rating. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, May 31. The firm earned “Market Perform” rating on Friday, November 10 by BMO Capital Markets. The stock of Prospect Capital Corporation (NASDAQ:PSEC) has “Underperform” rating given on Monday, January 11 by Wells Fargo. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, August 23. The rating was maintained by FBR Capital with “Outperform” on Wednesday, August 31. The stock has “Market Perform” rating by Raymond James on Wednesday, August 30.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.16, from 1.15 in 2017Q2. It worsened, as 29 investors sold Prospect Capital Corporation shares while 57 reduced holdings. 32 funds opened positions while 53 raised stakes. 52.14 million shares or 1.02% more from 51.61 million shares in 2017Q2 were reported. Blair William & Il invested in 0% or 13,000 shares. Tower Research Cap Ltd Llc (Trc) stated it has 3,483 shares or 0% of all its holdings. Moreover, Pinebridge Invests Lp has 0.02% invested in Prospect Capital Corporation (NASDAQ:PSEC). Goldman Sachs Group stated it has 340,614 shares. Tru Of Vermont has invested 0% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). Lsv Asset has invested 0.02% in Prospect Capital Corporation (NASDAQ:PSEC). Archford Cap Strategies Lc stated it has 0.17% in Prospect Capital Corporation (NASDAQ:PSEC). Regal Inv Advsr Limited Liability Co holds 17,836 shares. Jpmorgan Chase holds 22,249 shares or 0% of its portfolio. Paragon Cap Mngmt Limited invested in 0.08% or 29,840 shares. Winslow Evans And Crocker accumulated 9,848 shares. Royal Bank Of Canada owns 208,410 shares. Pnc Gru has invested 0% in Prospect Capital Corporation (NASDAQ:PSEC). 400,787 are owned by Cambridge Invest Research Advisors Inc. Mackenzie Fincl holds 0.01% or 185,340 shares.

Investors sentiment increased to 1.26 in Q3 2017. Its up 0.03, from 1.23 in 2017Q2. It is positive, as 47 investors sold Finisar Corporation shares while 58 reduced holdings. 46 funds opened positions while 86 raised stakes. 100.50 million shares or 5.91% more from 94.89 million shares in 2017Q2 were reported. Ardsley Advisory Partners has 0.64% invested in Finisar Corporation (NASDAQ:FNSR) for 217,500 shares. Employees Retirement Systems Of Texas has 0.02% invested in Finisar Corporation (NASDAQ:FNSR) for 74,000 shares. Walleye Trading Limited Com holds 0.01% or 93,003 shares. Voya Investment Management holds 0% in Finisar Corporation (NASDAQ:FNSR) or 51,499 shares. Rothschild Asset Management has invested 0.21% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Finisar Corporation (NASDAQ:FNSR). Advsrs Cap Mgmt Ltd Limited Liability Company holds 0.31% in Finisar Corporation (NASDAQ:FNSR) or 174,663 shares. Moreover, Bnp Paribas Arbitrage has 0% invested in Finisar Corporation (NASDAQ:FNSR) for 55,579 shares. James Inv Research Incorporated owns 65,800 shares. Pub Employees Retirement Association Of Colorado holds 19,951 shares or 0% of its portfolio. Great West Life Assurance Can owns 329,954 shares. 108 are owned by Howe & Rusling. Citadel Advsrs Limited Liability Company holds 0% in Finisar Corporation (NASDAQ:FNSR) or 167,843 shares. Cheyne Mngmt (Uk) Llp holds 190,000 shares. Falcon Point Capital Llc reported 1.55% in Finisar Corporation (NASDAQ:FNSR).

Since September 22, 2017, it had 0 insider purchases, and 5 sales for $1.24 million activity. The insider RAWLS JERRY S sold $541,998. $37,478 worth of Finisar Corporation (NASDAQ:FNSR) shares were sold by Colyar Mark. CLARK JOHN H sold 6,186 shares worth $154,031. On Friday, September 22 the insider FERGUSON ROGER C sold $58,500. The insider Adzema Kurt sold $443,554.

Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, China, Malaysia, and internationally. The company has market cap of $2.14 billion. The companyÂ’s optical subsystems primarily include transmitters, receivers, transceivers, transponders, and active optical cables, which provide the fundamental optical-electrical, or optoelectronic interface for interconnecting the electronic equipment used in networks comprising switches, routers, and servers used in wireline networks, as well as antennas and base stations used in wireless networks. It has a 10.76 P/E ratio. It also offers wavelength selective switches that are used to switch network traffic from one optical fiber to various other fibers without converting to an electronic signal.