ACIA - Acacia Communications, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
64.75
-0.17 (-0.26%)
At close: 4:00PM EDT
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Previous Close64.92
Open64.87
Bid0.00 x 4000
Ask65.60 x 1100
Day's Range64.68 - 65.05
52 Week Range31.42 - 66.24
Volume983,018
Avg. Volume1,163,188
Market Cap2.654B
Beta (3Y Monthly)1.71
PE Ratio (TTM)128.98
EPS (TTM)0.50
Earnings DateJul 31, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est64.40
Trade prices are not sourced from all markets
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    3 Tech Stocks for Dividend Investors to Buy in July

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  • GlobeNewswire3 days ago

    MERGER ALERT –MCRN, ACIA and OMCM: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, July 19, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • ACCESSWIRE5 days ago

    INVESTOR ALERT: Monteverde & Associates PC Reminds Shareholders of the Investigation of the Acquisition

    NEW YORK, NY / ACCESSWIRE / July 17, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...

  • GlobeNewswire6 days ago

    SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of the Following Mergers

    WILMINGTON, Del., July 16, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Total System Services, Inc. (NYSE: TSS) regarding possible breaches of.

  • RM LAW Announces Investigation of Acacia Communications, Inc.
    PR Newswire6 days ago

    RM LAW Announces Investigation of Acacia Communications, Inc.

    BERWYN, Pa. , July 16, 2019 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of Acacia Communications, Inc. ("Acacia" or the "Company") ...

  • GlobeNewswire6 days ago

    MERGER ALERT –MCRN, ACIA and FCBI: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, July 16, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • Q2 Earnings Preview: See 16 Stocks Expecting 50% To 550% Growth
    Investor's Business Daily6 days ago

    Q2 Earnings Preview: See 16 Stocks Expecting 50% To 550% Growth

    With Q2 earnings season ramping up, here's a look at 16 stocks, including Acacia, StoneCo, Splunk, Kirkland Lake Gold, and Paylocity, expecting 50%-550% EPS gains.

  • ACCESSWIRE7 days ago

    URGENT: Monteverde & Associates PC is Investigating the Following Acquisition

    NEW YORK, NY / ACCESSWIRE / July 15, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...

  • ACCESSWIRE7 days ago

    INVESTOR RIGHTS ALERT: Halper Sadeh LLP Continues Investigating Whether the Sale of These Companies is Fair to Shareholders; Investors are Encouraged to Contact the Firm - ACIA, TOWR, MCRN

    NEW YORK, NY / ACCESSWIRE / July 15, 2019 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Acacia Communications, Inc. (NASDAQ: ACIA) The investigation ...

  • GlobeNewswire7 days ago

    ACIA, MSL, GWR, and GDI SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

    WILMINGTON, Del., July 15, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Acacia Communications, Inc. (NASDAQ GS: ACIA) regarding possible breaches of.

  • GlobeNewswire7 days ago

    Investor Rights Alert: Halper Sadeh LLP Continues Investigating Whether the Sale of These Companies is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – GWR, OMN, NRE, ACIA

    NEW YORK, July 15, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Genesee & Wyoming Inc. (NYSE:.

  • PR Newswire9 days ago

    SHAREHOLDER ALERT: Monteverde & Associates PC Launches an Investigation Regarding the Following Merger

    NEW YORK , July 12, 2019 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...

  • IBD Stock Of The Day Ciena Looks To Gain From Industry Consolidation
    Investor's Business Daily10 days ago

    IBD Stock Of The Day Ciena Looks To Gain From Industry Consolidation

    Telecom gear supplier Ciena is the IBD Stock Of The Day. Ciena is trading near an 11-year high after the Cisco Systems acquisition of Acacia Communications raised the profile of its peers.

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  • Dow 30 Stock Roundup: Cisco to Buy Acacia, Microsoft & ServiceNow Partnernership
    Zacks10 days ago

    Dow 30 Stock Roundup: Cisco to Buy Acacia, Microsoft & ServiceNow Partnernership

    The index endured a turbulent week but gained after the Fed Chair indicated that a rate was likely later this month.

  • How much sense does Cisco’s $2.6B Acacia acquisition make? Analysts weigh in on Chuck Robbins' second-biggest buy
    American City Business Journals11 days ago

    How much sense does Cisco’s $2.6B Acacia acquisition make? Analysts weigh in on Chuck Robbins' second-biggest buy

    Analysts are somewhat split on how much sense the deal makes. It would be Cisco's second-biggest under CEO Chuck Robbins.

  • Navigating the Benefits and Hurdles of Cisco’s Acacia Acquisition
    Market Realist11 days ago

    Navigating the Benefits and Hurdles of Cisco’s Acacia Acquisition

    Cisco Systems has decided to acquire its supplier Acacia Communications for ~$2.6 billion in cash. How will each company benefit?

  • GlobeNewswire12 days ago

    ACIA, FCBI, and GWR SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Mergers

    WILMINGTON, Del., July 10, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Acacia Communications, Inc. (NASDAQ GS: ACIA) regarding possible breaches of.

  • China Could Be a Roadblock in Cisco's Acacia Acquisition
    Zacks12 days ago

    China Could Be a Roadblock in Cisco's Acacia Acquisition

    Cisco has announced its agreement to buy Acacia, which has a big China exposure.

  • Cisco Stock Investors Party Like It’s 1999. It’s Not.
    InvestorPlace12 days ago

    Cisco Stock Investors Party Like It’s 1999. It’s Not.

    Shares in Cisco Systems (NASDAQ:CSCO) haven't been this hot in 20 years. Back then, Cisco briefly reigned as the world's most valuable company, its switches and routers being at the heart of this new thing called "the internet."Source: Shutterstock Those days are gone, along with the sweet, sad song of your dial-up modem. But Cisco stock is up 33% so far in 2019. The bull run continued July 10 as analysts applauded its $2.6 billion buyout of Acacia Communications (NASDAQ:ACIA), due to close at the back end of a fiscal year that begins in August.Acacia was already supplying optical interconnects for Cisco switches. Buying the company gives Cisco intellectual property it can use to keep selling gear to both the Cloud Czars and their retinue, the co-location sites, telcos and scaled enterprises that are constantly demanding more speed from their connections.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut is this an offensive or defensive move? Fighting HuaweiOf all the large U.S. tech companies, none is as much in the crosshairs of China's Huawei as Cisco.Huawei was the main target for President Donald Trump in the China trade war, but this week's relaxation of those sanctions means its lower-cost networking gear is back in the frame, at least for international buyers. * 7 Retail Stocks to Buy for the Second Half of 2019 The companies I call the Cloud Czars -- Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB) -- are always focused on cutting costs in their data centers, where capital spending now costs $100 billion per year.Low-cost, commodity hardware built with open-source standards always has an advantage in this market, against any proprietary solution. Huawei sales have risen nearly 10-fold in the last decade.As the relationship between Huawei, with its low costs, and U.S. companies thaws, Cisco needs control of patented technology to stay relevant. The result has been a buying spree. It bought Duo Security last year for $2.35 billion in cash and stock; then chip maker Luxtera for $660 million in cash and assumed equity; and, now, Acacia. Cisco Stock Is Not CheapIndustry analysts and market analysts all approve this strategy, which is why Cisco is a hot stock.At around $57 per share, Cisco has a market cap of $244 billion. By some metrics, the price is still reasonable -- the trailing price-to-earnings ratio is under 20, and it offers a 35-cent quarterly dividend yielding 2.5%. But until this year, Cisco was considered a dividend aristocrat, not a growth play.As one analyst (OK, it was me) wrote last year, "boring can be beautiful." Even in May I called Cisco a conservative tech investment, suggesting you just put it in your pocket and let time work its magic.That article was published soon after I took my own advice and stuck some Cisco in my own retirement account, at about $51.40 according to my bookie. (OK, it was my broker.) I'm up 10% in three months, plus there's that dividend, still better than the 2.07% yield on a 10-year government bond. The Bottom LineCisco is still Cisco. It's not BeyondMeat (NASDAQ:BYND). This is not 1999. My red beard is not coming back.The moves CSCO stock has made in the last year, and the moves it will continue to make, are primarily defensive in nature. Cisco CEO Chuck Robbins knows that, as hardware becomes software, maintaining a proprietary edge against low-cost solutions remains essential.That's going to cost money. Cisco is spending money. It had nearly $25 billion in cash and short-term securities in the bank as of March. Acacia represents just over 10% of that cash, a small price to pay for protecting its exposed flank.Just be aware. That flank remains exposed.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, AMZN, AAPL, and CSCO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on College Students' Radars * 7 Retail Stocks to Buy for the Second Half of 2019 * The S&P 500's 5 Best Highest-Yielding Dividend Stocks The post Cisco Stock Investors Party Like Ita€™s 1999. Ita€™s Not. appeared first on InvestorPlace.

  • Benzinga12 days ago

    The $2.6B Cisco-Acacia Deal: 2 Analyst Takes On The Optics

    Bank of America's Tal Liani maintained a Buy rating on Cisco with an unchanged $62 price target. Cisco offered to acquire Acacia for $2.6 billion in what looks like a "defensive and offensive move," Liani said in a Wednesday note. On the offensive side, the deal will expand Cisco's switches and routers through adding new use cases and target markets, the analyst said.

  • ETFs in Focus on Cisco's Acacia Buyout Deal
    Zacks12 days ago

    ETFs in Focus on Cisco's Acacia Buyout Deal

    The Cisco's Acacia buyout deal has put the spotlight on a number of ETFs which could be the best ways for investors to tap the opportunity.

  • Cisco (CSCO) to Buy Acacia to Boost Optical-Based Networking
    Zacks12 days ago

    Cisco (CSCO) to Buy Acacia to Boost Optical-Based Networking

    Cisco (CSCO) is benefiting from its expanding footprint in the rapidly growing security market. Also, partnerships and acquisitions will boost the company's revenue base.