A Director at II-VI is Exercising Options

By Carrie Williams

Yesterday it was reported that a Director at II-VI (IIVIResearch Report), Marc Pelaez, exercised options to sell 7,900 IIVI shares at $16.85 a share, for a total transaction value of $298.9K.

In addition to Marc Pelaez, 2 other IIVI executives reported Sell trades in the last month.

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Based on II-VI’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $666 million and GAAP net loss of $98.21 million. In comparison, last year the company earned revenue of $343 million and had a net profit of $28.7 million. The company has a one-year high of $43.49 and a one-year low of $26.93.

The insider sentiment on II-VI has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Marc Pelaez’s trades have generated a 1.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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II-VI, Inc. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and m