{
  "id": 5235959,
  "title": "Coherent Corp. director Enrico Digirolomo sells $628,998 in stock",
  "url": "https://urgent.news/2026/09/03/coherent-corp-director-enrico-digirolomo-sells-628-998-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T03:01:04.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/coherent-corp-director-enrico-digirolomo-sells-628998-in-stock-93CH-4886952"
  },
  "original_language": "en",
  "account": "Coherent Corp. director Enrico Digirolomo sold a substantial amount of the company's stock on August 31, 2026. He sold 2,272 shares, amounting to around $628,998, at prices ranging from $275.20 to $281.45. This sale occurred under a Rule 10b5-1 trading plan that Digirolomo had established on November 21, 2025. After the sale, Digirolomo is left with 17,238 shares of Coherent Corp. The stock has shown a remarkable 204% return over the past year, but it has recently declined by 9%. Currently, it is trading at $268.64, which is 39% below its 52-week high of $440. While the stock may be slightly overvalued based on InvestingPro's analysis, Coherent Corp. has demonstrated impressive financial performance in its recent quarterly report. The company's revenue reached $2.05 billion, and adjusted earnings per share were $1.74, both surpassing analysts' estimates. Coherent reported a strong gross margin of 40.2% and an operating margin of 21.8%. Needham raised its price target to $420, citing growth in the datacenter sector, and Stifel reiterated its Buy rating with the same target price. The company's optical products, especially those related to artificial intelligence infrastructure, continue to be in high demand, with supply expected to remain insufficient for the next 12 to 18 months.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Coherent director Enrico Digirolomo sells $944,506 in stock",
        "url": "https://urgent.news/2026/09/03/coherent-director-enrico-digirolomo-sells-944-506-in-stock",
        "published": "2026-09-03T03:01:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}