Separately, Lake Street Capital initiated coverage on LightPath Technologies in a research report on Thursday, January 18th. They issued a buy rating and a $3.00 target price on the stock.
LightPath Technologies Stock Down 7.4 %
Hedge Funds Weigh In On LightPath Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in LPTH. Jane Street Group LLC acquired a new position in LightPath Technologies in the first quarter valued at approximately $30,000. Tower Research Capital LLC TRC lifted its stake in LightPath Technologies by 69.4% in the third quarter. Tower Research Capital LLC TRC now owns 29,075 shares of the technology company’s stock valued at $31,000 after buying an additional 11,908 shares during the period. Charles Schwab Investment Management Inc. acquired a new position in LightPath Technologies in the second quarter valued at approximately $33,000. Virtu Financial LLC acquired a new position in LightPath Technologies in the first quarter valued at approximately $36,000. Finally, Commonwealth Equity Services LLC acquired a new position in LightPath Technologies in the third quarter valued at approximately $50,000. 43.69% of the stock is owned by institutional investors and hedge funds.
About LightPath Technologies
LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.
- Five stocks we like better than LightPath Technologies
- What Are Dividend Challengers?
- 3 attractive stocks that insiders are buying
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Alpha and Omega Semiconductor ready to bounce, DOJ cloud lifts
- Why Consider Investing in Nanotechnology Stocks
- Wendy’s vs Shake Shack: Out with the new, in with the old?
Receive News & Ratings for LightPath Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightPath Technologies and related companies with MarketBeat.com's FREE daily email newsletter.