Lightwave Logic (NASDAQ:LWLG) Issues Quarterly Earnings Results

Lightwave Logic (NASDAQ:LWLG) posted its quarterly earnings data on Friday. The company reported ($0.04) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $0.16 million for the quarter. Lightwave Logic had a negative return on equity of 62.24% and a negative net margin of 20,797.03%.

Lightwave Logic Trading Down 3.8%

Lightwave Logic stock opened at $6.77 on Friday. The firm’s 50 day simple moving average is $4.43 and its 200 day simple moving average is $4.27. The firm has a market capitalization of $905.58 million, a PE ratio of -37.61 and a beta of 3.02. Lightwave Logic has a 1-year low of $0.79 and a 1-year high of $8.04.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lightwave Logic in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Insider Buying and Selling at Lightwave Logic

In other news, Director Laila Partridge sold 10,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $3.72, for a total transaction of $37,200.00. Following the completion of the transaction, the director directly owned 63,963 shares in the company, valued at $237,942.36. The trade was a 13.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Siraj Nour El-Ahmadi sold 25,591 shares of the company’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $3.48, for a total transaction of $89,056.68. Following the completion of the transaction, the director directly owned 123,944 shares in the company, valued at approximately $431,325.12. The trade was a 17.11% decrease in their position. The SEC filing for this sale provides additional information. 4.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lightwave Logic

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its position in shares of Lightwave Logic by 50.1% during the 4th quarter. Farther Finance Advisors LLC now owns 9,155 shares of the company’s stock valued at $30,000 after acquiring an additional 3,055 shares during the last quarter. Jefferies Financial Group Inc. grew its holdings in shares of Lightwave Logic by 11.1% during the fourth quarter. Jefferies Financial Group Inc. now owns 38,765 shares of the company’s stock worth $126,000 after purchasing an additional 3,865 shares in the last quarter. Greenspring Advisors LLC increased its position in shares of Lightwave Logic by 7.5% in the fourth quarter. Greenspring Advisors LLC now owns 71,725 shares of the company’s stock worth $232,000 after purchasing an additional 5,000 shares during the last quarter. Osaic Holdings Inc. raised its stake in Lightwave Logic by 14.0% in the second quarter. Osaic Holdings Inc. now owns 59,392 shares of the company’s stock valued at $74,000 after purchasing an additional 7,282 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Lightwave Logic by 1.0% in the fourth quarter. LPL Financial LLC now owns 779,226 shares of the company’s stock valued at $2,525,000 after purchasing an additional 7,870 shares in the last quarter. 27.04% of the stock is currently owned by institutional investors.

Lightwave Logic Company Profile

Lightwave Logic, Inc (NASDAQ: LWLG) is a U.S.-based photonics company focused on the development and commercialization of proprietary electro‐optic polymer materials and devices for high-speed optical communications. The company’s core technology platform centers on organic electro-optic polymers that offer low drive voltage, high modulation bandwidth and integration flexibility, enabling next-generation optical interconnects for data centers, telecommunications and emerging photonic computing architectures.

Lightwave Logic’s product pipeline includes modulators, waveguides and integrated photonic components designed to outperform traditional lithium-niobate and silicon-based solutions in terms of size, power consumption and ease of integration.