LightPath Technologies (NASDAQ:LPTH) Hits New 12-Month High – Time to Buy?

24 Apr 2026, 19:24 by Tristan Rich · The Markets Daily

LightPath Technologies, Inc. (NASDAQ:LPTH – Get Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as $16.40 and last traded at $16.30, with a volume of 3268736 shares traded. The stock had previously closed at $14.62.

Analyst Ratings Changes

A number of brokerages have weighed in on LPTH. Wall Street Zen lowered LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of LightPath Technologies in a research note on Tuesday. HC Wainwright boosted their price target on shares of LightPath Technologies from $10.00 to $15.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Lake Street Capital increased their price objective on shares of LightPath Technologies from $10.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Canaccord Genuity Group initiated coverage on LightPath Technologies in a research report on Thursday, January 29th. They issued a “buy” rating and a $15.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $12.10.

Get Our Latest Report on LPTH

LightPath Technologies Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.42 and a current ratio of 3.97. The firm’s 50-day moving average price is $11.86 and its two-hundred day moving average price is $10.18. The stock has a market cap of $937.79 million, a price-to-earnings ratio of -31.25 and a beta of 1.07.

Insider Buying and Selling

In other LightPath Technologies news, Director Run Strategic Opportunit North sold 595,573 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $12.53, for a total value of $7,462,529.69. Following the transaction, the director directly owned 3,393,395 shares in the company, valued at $42,519,239.35. The trade was a 14.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 2,131,247 shares of company stock worth $26,122,799 over the last quarter. 24.80% of the stock is owned by insiders.

Institutional Trading of LightPath Technologies

Institutional investors have recently made changes to their positions in the company. Occudo Quantitative Strategies LP acquired a new position in LightPath Technologies in the third quarter valued at approximately $82,000. Hudson Bay Capital Management LP acquired a new stake in LightPath Technologies during the third quarter worth $84,000. Wexford Capital LP purchased a new stake in LightPath Technologies in the third quarter valued at $88,000. Jefferies Financial Group Inc. purchased a new stake in LightPath Technologies in the third quarter valued at $90,000. Finally, Granite Investment Partners LLC acquired a new position in shares of LightPath Technologies in the 3rd quarter valued at $106,000. Hedge funds and other 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.