LightPath Technologies (NASDAQ:LPTH) Shares Up 9.8% – Here’s What Happened

Posted by Francis Steltz on Jul 23rd, 2026

LightPath Technologies, Inc. (NASDAQ:LPTH – Get Free Report) was up 9.8% on Tuesday . The stock traded as high as $11.43 and last traded at $11.38. 393,007 shares changed hands during trading, a decline of 88% from the average session volume of 3,150,250 shares. The stock had previously closed at $10.36.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Canaccord Genuity Group upped 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. Weiss Ratings reissued a “sell (d-)” rating on shares of LightPath Technologies in a report on Friday, July 17th. Finally, Wall Street Zen cut shares of LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $14.12.

Check Out Our Latest Stock Analysis on LPTH

LightPath Technologies Stock Performance

The firm has a fifty day simple moving average of $14.14 and a 200-day simple moving average of $12.71. The company has a market cap of $761.64 million, a PE ratio of -24.26 and a beta of 1.34. The company has a quick ratio of 3.24, a current ratio of 3.86 and a debt-to-equity ratio of 0.01.

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

Insider Buying and Selling

In other LightPath Technologies news, Director Run Strategic Opportunit North sold 3,571,400 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was 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 approximately $41,087,592. The trade was a 54.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 3,864,452 shares of company stock worth $53,576,437 over the last quarter. Insiders own 24.80% of the company’s stock.

Hedge Funds Weigh In On LightPath Technologies

A number of institutional investors have recently modified their holdings of the business. Tudor Investment Corp ET AL acquired a new position in shares of LightPath Technologies in the third quarter valued at approximately $8,445,000. AIGH Capital Management LLC raised its position in LightPath Technologies by 14.5% in the fourth quarter. AIGH Capital Management LLC now owns 1,030,738 shares of the technology company’s stock worth $11,132,000 after acquiring an additional 130,738 shares in the last quarter. Monashee Investment Management LLC purchased a new position in LightPath Technologies in the fourth quarter worth $1,080,000. Larson Financial Group LLC lifted its holdings in LightPath Technologies by 5,064.0% in the fourth quarter. Larson Financial Group LLC now owns 70,075 shares of the technology company’s stock valued at $757,000 after acquiring an additional 68,718 shares during the period. Finally, Harbor Capital Advisors Inc. acquired a new stake in LightPath Technologies in the fourth quarter valued at $672,000. 56.29% of the stock is owned by institutional investors and hedge funds.

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.