LightPath Technologies (NASDAQ:LPTH) Shares Gap Down – Should You Sell?

Posted by Brian Himes on Jul 16th, 2026

LightPath Technologies, Inc. (NASDAQ:LPTH – Get Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $11.42, but opened at $10.82. LightPath Technologies shares last traded at $10.71, with a volume of 355,966 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts recently commented on LPTH shares. Wall Street Zen lowered shares of LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of LightPath Technologies in a research note on Tuesday, April 21st. Finally, Canaccord Genuity Group boosted their price target on LightPath Technologies from $15.50 to $16.50 and gave the company a “buy” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $14.12.

Get Our Latest Analysis on LightPath Technologies

LightPath Technologies Stock Down 7.2%

The company has a debt-to-equity ratio of 0.01, a current ratio of 3.86 and a quick ratio of 3.24. The firm has a 50-day moving average of $14.23 and a 200 day moving average of $12.68. The stock has a market capitalization of $665.57 million, a price-to-earnings ratio of -21.20 and a beta of 1.34.

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

Insider Buying and Selling at LightPath Technologies

In other LightPath Technologies news, Director Run Strategic Opportunit North sold 3,571,400 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $14.00, for a total value of $49,999,600.00. Following the completion of the sale, the director owned 2,934,828 shares in the company, valued at $41,087,592. This trade represents a 54.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 3,864,452 shares of company stock valued at $53,576,437 over the last three months. 24.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On LightPath Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Occudo Quantitative Strategies LP bought a new position in LightPath Technologies during the third quarter worth about $82,000. Hudson Bay Capital Management LP acquired a new stake in shares of LightPath Technologies in the third quarter valued at approximately $84,000. Wexford Capital LP acquired a new stake in shares of LightPath Technologies in the third quarter valued at approximately $88,000. Jefferies Financial Group Inc. bought a new position in shares of LightPath Technologies during the 3rd quarter worth approximately $90,000. Finally, Royal Bank of Canada boosted its stake in shares of 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 period. Institutional investors own 56.29% of the company’s stock.

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.