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COHR
LONGINSIDER SELLCOHERENT CORP
Funds
4
Score
6.00
vs SPY
+35.4%
Stock return (since Q-end)
+51.7%
SPY return (since Q-end)
+16.3%
Current price
$361.47
News Summary
PositiveCoherent delivered strong Q3 FY2026 results with 21% YoY revenue growth to $1.81B, beating consensus estimates, and announced a transformative $2B strategic investment from NVIDIA with multiyear purchase commitments extending through 2028. The company is aggressively expanding manufacturing capacity (doubling indium phosphide output by Q4 2026, then doubling again by end-2027) and commercializing high-margin growth platforms in co-packaged optics (CPO) and optical circuit switching (OCS) with an estimated $4B+ market opportunity.
Funds Buying (4)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Sachem Head Capital | Scott Ferguson | 965K | +965K | $229.9B | — | NEW |
| Point72 | Steve Cohen | 580K | +580K | $138.3B | — | NEW |
| Maverick Capital | Lee Ainslie | 7K | +7K | $1.6B | — | NEW |
| Duquesne Family Office | Stanley Druckenmiller | 40K | +40K | $10M | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| Luther Sherri R | Chief Financial Officer | SELL | 2K | $372.96 | $0.75M | 2026-05-12 |
| Xia Howard H. | — | SELL | 500 | $344.00 | $0.17M | 2026-05-11 |
| Xia Howard H. | — | SELL | 500 | $348.00 | $0.17M | 2026-05-11 |
| Xia Howard H. | — | SELL | 500 | $358.00 | $0.18M | 2026-05-11 |
| Xia Howard H. | — | SELL | 500 | $368.00 | $0.18M | 2026-05-11 |
| Luther Sherri R | Chief Financial Officer | SELL | 2K | $351.00 | $0.70M | 2026-04-22 |