LightPath Technologies (NASDAQ:LPTH) Shares Down 9.1% – What’s Next?

Posted by Geri Gentry on May 29th, 2026

Shares of LightPath Technologies, Inc. (NASDAQ:LPTH – Get Free Report) traded down 9.1% during mid-day trading on Friday . The stock traded as low as $16.32 and last traded at $16.49. 2,044,168 shares were traded during mid-day trading, a decline of 33% from the average session volume of 3,041,505 shares. The stock had previously closed at $18.15.

Analyst Ratings Changes

Several research firms recently commented on LPTH. HC Wainwright boosted their price objective on shares of LightPath Technologies from $10.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Canaccord Genuity Group boosted their price objective on shares of LightPath Technologies from $15.50 to $16.50 and gave the company a “buy” rating in a research report on Monday, May 11th. Wall Street Zen raised shares of LightPath Technologies from a “sell” rating to a “hold” rating in a research report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LightPath Technologies in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $14.13.

View Our Latest Report on LightPath Technologies

LightPath Technologies Stock Down 6.2%

The firm’s 50-day simple moving average is $12.94 and its 200 day simple moving average is $11.08. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.24 and a current ratio of 3.86. The stock has a market capitalization of $1.07 billion, a P/E ratio of -34.06 and a beta of 1.26.

LightPath Technologies (NASDAQ:LPTH – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). LightPath Technologies had a negative net margin of 37.38% and a negative return on equity of 15.55%. The firm had revenue of $19.15 million for the quarter, compared to analysts’ expectations of $17.04 million. As a group, research analysts expect that LightPath Technologies, Inc. will post -0.11 EPS for the current year.

Insider Buying and Selling

In other LightPath Technologies news, Director Run Strategic Opportunit North sold 165,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $12.16, for a total transaction of $2,006,400.00. Following the sale, the director directly owned 2,990,112 shares of the company’s stock, valued at $36,359,761.92. The trade was a 5.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Over the last quarter, insiders have sold 1,390,853 shares of company stock worth $16,925,923. Insiders own 24.80% of the company’s stock.

Institutional Investors Weigh In On LightPath Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the company. AWM Investment Company Inc. raised its holdings in shares of LightPath Technologies by 40.9% in the 4th quarter. AWM Investment Company Inc. now owns 2,040,110 shares of the technology company’s stock valued at $22,033,000 after purchasing an additional 592,500 shares during the period. Vanguard Group Inc. raised its holdings in shares of LightPath Technologies by 3.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,967,566 shares of the technology company’s stock valued at $15,603,000 after purchasing an additional 72,208 shares during the period. Portolan Capital Management LLC bought a new stake in shares of LightPath Technologies in the 3rd quarter valued at about $12,939,000. Goldman Sachs Group Inc. raised its holdings in shares of LightPath Technologies by 14.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,449,642 shares of the technology company’s stock valued at $15,656,000 after purchasing an additional 181,538 shares during the period. Finally, Tudor Investment Corp ET AL bought a new stake in shares of LightPath Technologies in the 3rd quarter valued at about $8,445,000. 56.29% of the stock is owned by institutional investors.

LightPath Technologies Company Profile

(Get Free Report)

LightPath Technologies, Inc designs, manufactures and distributes precision optical components and assemblies for a variety of commercial, industrial, defense and scientific applications. The company’s portfolio includes molded glass aspheric lenses, precision glass optics, infrared lenses and assemblies, diamond-turned optics and molded polymer optics. These components are engineered to support imaging, illumination, laser delivery, detection and sensing systems across visible, ultraviolet and infrared wavelengths.

Among its core offerings, LightPath develops infrared optical solutions using materials such as germanium, zinc selenide and chalcogenide glasses for thermal imaging, night-vision devices and spectroscopy.