StockNews.com assumed coverage on shares of LightPath Technologies (NASDAQ:LPTH – Free Report) in a report issued on Monday morning. The brokerage issued a hold rating on the technology company’s stock.
Separately, LADENBURG THALM/SH SH assumed coverage on LightPath Technologies in a report on Friday, June 30th. They issued a buy rating for the company.
LightPath Technologies Price Performance
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. AIGH Capital Management LLC grew its position in LightPath Technologies by 67.6% in the first quarter. AIGH Capital Management LLC now owns 3,401,932 shares of the technology company’s stock worth $4,797,000 after acquiring an additional 1,372,100 shares during the period. AMH Equity Ltd grew its position in LightPath Technologies by 9.7% in the second quarter. AMH Equity Ltd now owns 2,419,700 shares of the technology company’s stock worth $3,267,000 after acquiring an additional 213,778 shares during the period. Royce & Associates LP grew its position in LightPath Technologies by 1.4% in the first quarter. Royce & Associates LP now owns 1,241,936 shares of the technology company’s stock worth $1,751,000 after acquiring an additional 16,900 shares during the period. Vanguard Group Inc. grew its position in LightPath Technologies by 2.7% in the third quarter. Vanguard Group Inc. now owns 1,049,181 shares of the technology company’s stock worth $1,123,000 after acquiring an additional 27,300 shares during the period. Finally, Worth Venture Partners LLC grew its position in LightPath Technologies by 1.1% in the second quarter. Worth Venture Partners LLC now owns 845,962 shares of the technology company’s stock worth $1,142,000 after acquiring an additional 9,000 shares during the period. 43.69% of the stock is currently owned by hedge funds and other institutional investors.
About LightPath Technologies
LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.
- Five stocks we like better than LightPath Technologies
- How to Invest in Hotel Stocks
- 2 Recession-Proof Intelligence Stocks to Defend Your Portfolio
- What Are Dividend Challengers?
- 5 Reasons Mullen Automotive is About to Turn a Corner
- Business Services Stocks Investing
- Qualcomm and Apple Forge Ahead with New Modem Partnership
Receive News & Ratings for LightPath Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightPath Technologies and related companies with MarketBeat.com's FREE daily email newsletter.