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Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 94.62% of COHR shares are held by financial institutions. NORRIS PERNE & FRENCH LLP/MI is the top corporate investor, holding 445.33K shares valued at $16.96M. A 0.32% stake in Coherent, Inc. is owned by the company. ROYCE & ASSOCIATES LP owns 297.81K shares valued at $11.34M, which translates its holding of 0.21% of the stake in the company.
Among the COHR insiders holding of 1.18% of the stake in company, MATTERA VINCENT D JR, Chief Executive Officer, holds the largest shares of 664.68K. KRAMER FRANCIS J, director, is the second largest COHR insider with ownership of 272.69K shares. ANDERSON JAMES ROBERT, CEO & President, stands third with possession of 149.21K shares of that stake.