103,995 Shares in LightPath Technologies, Inc. $LPTH Acquired by FirstWave Capital Management LLC

Posted by George Bondi on Sep 5th, 2026

FirstWave Capital Management LLC bought a new position in shares of LightPath Technologies, Inc. (NASDAQ:LPTH – Free Report) during the second quarter, HoldingsChannel.com reports. The firm bought 103,995 shares of the technology company’s stock, valued at approximately $1,700,000.

Several other large investors also recently bought and sold shares of LPTH. TD Waterhouse Canada Inc. acquired a new position in shares of LightPath Technologies during the 2nd quarter worth $71,000. Royal Bank of Canada grew its stake in LightPath Technologies by 707.2% in the 1st quarter. Royal Bank of Canada now owns 9,565 shares of the technology company’s stock valued at $96,000 after acquiring an additional 8,380 shares during the last quarter. Occudo Quantitative Strategies LP purchased a new position in LightPath Technologies during the 3rd quarter valued at about $82,000. PVG Asset Management Corp purchased a new position in LightPath Technologies during the 1st quarter valued at about $108,000. Finally, Wexford Capital LP acquired a new position in LightPath Technologies during the third quarter worth about $88,000. Institutional investors and hedge funds own 56.29% of the company’s stock.

LightPath Technologies Trading Up 0.3%

Shares of LightPath Technologies stock opened at $9.67 on Friday. LightPath Technologies, Inc. has a fifty-two week low of $5.17 and a fifty-two week high of $18.94. The business’s fifty day moving average is $12.32 and its two-hundred day moving average is $12.78. The company has a quick ratio of 3.24, a current ratio of 3.86 and a debt-to-equity ratio of 0.01. The firm has a market cap of $607.18 million, a PE ratio of -19.34 and a beta of 1.39.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Piper Sandler assumed coverage on LightPath Technologies in a research report on Wednesday, August 12th. They set an “overweight” rating and a $15.00 price target for the company. Wall Street Zen lowered LightPath Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Canaccord Genuity Group cut their target price on shares of LightPath Technologies from $16.50 to $15.50 and set a “buy” rating for the company in a research note on Tuesday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of LightPath Technologies in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, LightPath Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.10.

Get Our Latest Analysis on LPTH

LightPath Technologies Company Profile

(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.