Lightwave Logic (NASDAQ:LWLG) Stock Price Up 13.8% – What’s Next?

Lightwave Logic Inc. (NASDAQ:LWLG) traded up 13.8% on Tuesday . The stock traded as high as $4.04 and last traded at $4.0180. 482,279 shares were traded during mid-day trading, a decline of 74% from the average session volume of 1,848,750 shares. The stock had previously closed at $3.53.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Lightwave Logic in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Lightwave Logic Price Performance

The stock has a market cap of $541.06 million, a P/E ratio of -22.42 and a beta of 3.02. The firm’s fifty day moving average price is $3.62 and its two-hundred day moving average price is $3.89.

Insider Activity

In other news, Director Siraj Nour El-Ahmadi sold 25,591 shares of Lightwave Logic stock in a transaction dated 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 sale, the director owned 123,944 shares in the company, valued at approximately $431,325.12. This trade represents a 17.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Laila Partridge sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $3.72, for a total transaction of $37,200.00. Following the completion of the transaction, the director owned 63,963 shares in the company, valued at approximately $237,942.36. This trade represents a 13.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 4.20% of the company’s stock.

Institutional Trading of Lightwave Logic

Several institutional investors and hedge funds have recently made changes to their positions in LWLG. Vanguard Group Inc. lifted its holdings in shares of Lightwave Logic by 3.4% during the 3rd quarter. Vanguard Group Inc. now owns 9,122,676 shares of the company’s stock worth $33,845,000 after acquiring an additional 296,908 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Lightwave Logic during the fourth quarter worth about $5,508,000. Geode Capital Management LLC lifted its stake in Lightwave Logic by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 1,694,599 shares of the company’s stock worth $5,493,000 after purchasing an additional 120,454 shares during the last quarter. State Street Corp boosted its holdings in shares of Lightwave Logic by 177.8% in the 4th quarter. State Street Corp now owns 1,593,600 shares of the company’s stock worth $5,163,000 after purchasing an additional 1,019,881 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in shares of Lightwave Logic by 4,591.9% during the 4th quarter. Marshall Wace LLP now owns 1,013,735 shares of the company’s stock valued at $3,285,000 after buying an additional 992,129 shares in the last quarter. Hedge funds and other institutional investors own 27.04% of the company’s stock.

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.