Optical Cable (NASDAQ:OCC) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Posted by Brian Himes on Sep 9th, 2026

Optical Cable (NASDAQ:OCC – Get Free Report) released its earnings results on Wednesday. The communications equipment provider reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01, Zacks reports. Optical Cable had a return on equity of 5.92% and a net margin of 1.29%.

Optical Cable Stock Down 1.1%

Optical Cable stock opened at $13.70 on Wednesday. Optical Cable has a 12-month low of $4.02 and a 12-month high of $27.98. The company has a market capitalization of $120.97 million, a PE ratio of 114.18 and a beta of 0.57. The company has a quick ratio of 0.74, a current ratio of 2.08 and a debt-to-equity ratio of 0.17. The firm’s fifty day moving average is $15.02 and its 200 day moving average is $12.97.

Insider Transactions at Optical Cable

In other news, CFO Tracy G. Smith sold 16,453 shares of the stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $17.23, for a total transaction of $283,485.19. Following the completion of the sale, the chief financial officer owned 329,826 shares of the company’s stock, valued at approximately $5,682,901.98. This represents a 4.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 22.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Gendell Jeffrey L grew its stake in Optical Cable by 47.4% during the 4th quarter. Gendell Jeffrey L now owns 415,340 shares of the communications equipment provider’s stock worth $1,848,000 after buying an additional 133,510 shares during the last quarter. Two Sigma Investments LP acquired a new stake in Optical Cable in the third quarter valued at $487,000. Jane Street Group LLC acquired a new position in Optical Cable in the 4th quarter valued at about $210,000. Bridgeway Capital Management LLC boosted its stake in shares of Optical Cable by 162.0% in the third quarter. Bridgeway Capital Management LLC now owns 33,013 shares of the communications equipment provider’s stock valued at $268,000 after buying an additional 20,413 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Optical Cable in the fourth quarter valued at $57,000. Institutional investors own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on OCC shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Optical Cable in a research note on Friday, July 17th. Wall Street Zen raised shares of Optical Cable from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Finally, Zacks Research upgraded Optical Cable to a “hold” rating in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Check Out Our Latest Stock Analysis on Optical Cable

Optical Cable Company Profile

(Get Free Report)

Optical Cable Corporation (NASDAQ: OCC) is a publicly traded designer and manufacturer of optical fiber and copper communications cable solutions. Headquartered in Roanoke, Virginia, the company develops a broad range of standard and custom cable assemblies, connectors, hardware and accessories. Its product portfolio addresses data transmission requirements in demanding environments, including long-haul telecommunications, industrial automation, defense systems and submersible applications.

The company’s offerings are organized across multiple product lines, encompassing outside-plant fiber optic cable for aerial and underground installations, indoor/outdoor copper connectivity and specialty engineered cable assemblies.