Oclaro shareholders led by Kopp buy more shares, lift stake to 6.1%

By Lisa Kerner

Charlotte, N.C., June 22 - A group of Oclaro, Inc. (formerly Bookham, Inc.) investors led by Kopp Investment Advisors, LLC increased their ownership to 6.1% from 5.0% through the purchase of 1,921,500 shares of the company's stock between June 1 and June 11 priced from $0.65 to $0.93 each, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.

Between April 28 and May 26, Kopp increased its stake in Oclaro to 5.0% from 3.96%, a prior SEC filing said.

Kopp and its affiliates beneficially own 11,266,814 shares of Oclaro.

Based in San Jose, Calif., Oclaro manufactures optical components, modules and subsystems used in telecommunications, data communications, aerospace and industry. The company changed its name from Bookham in April.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.