LightPath Technologies (NASDAQ:LPTH) Trading Up 10.6% – Here’s What Happened

Posted by George Bondi on Jun 6th, 2026

LightPath Technologies, Inc. (NASDAQ:LPTH – Get Free Report) shares were up 10.6% during mid-day trading on Thursday . The company traded as high as $17.42 and last traded at $17.28. Approximately 1,809,939 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 3,103,010 shares. The stock had previously closed at $15.62.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on LPTH shares. Canaccord Genuity Group raised their price objective on 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 cut LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “sell (d-)” rating on shares of LightPath Technologies in a report on Tuesday, April 21st. Finally, HC Wainwright lifted their price target on LightPath Technologies from $10.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, LightPath Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $14.13.

Check Out Our Latest Research Report on LightPath Technologies

LightPath Technologies Price Performance

The stock has a market capitalization of $937.45 million, a price-to-earnings ratio of -29.86 and a beta of 1.33. 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 company has a fifty day simple moving average of $13.51 and a two-hundred day simple moving average of $11.43.

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

Insiders Place Their Bets

In related news, Director Run Strategic Opportunit North sold 3,571,400 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $14.00, for a total transaction of $49,999,600.00. Following the sale, the director owned 2,934,828 shares in the company, valued at $41,087,592. The trade was a 54.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 4,287,258 shares of company stock worth $58,744,883. Insiders own 24.80% of the company’s stock.

Institutional Investors Weigh In On LightPath Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its position in LightPath Technologies by 118.2% during the 1st quarter. Bank of America Corp DE now owns 556,037 shares of the technology company’s stock worth $5,577,000 after acquiring an additional 301,225 shares during the last quarter. Royal Bank of Canada grew its position in LightPath Technologies by 707.2% during the 1st quarter. Royal Bank of Canada now owns 9,565 shares of the technology company’s stock worth $96,000 after acquiring an additional 8,380 shares during the last quarter. Union Square Park Capital Management LLC bought a new stake in LightPath Technologies during the 1st quarter worth $502,000. Bradley Foster & Sargent Inc. CT bought a new stake in LightPath Technologies during the 1st quarter worth $535,000. Finally, Granahan Investment Management LLC grew its position in LightPath Technologies by 14.9% during the 1st quarter. Granahan Investment Management LLC now owns 753,621 shares of the technology company’s stock worth $7,559,000 after acquiring an additional 97,601 shares during the last quarter. Institutional investors own 56.29% of the company’s stock.

About LightPath Technologies

(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.