Key Points
- Insider sale: Director Laila Partridge sold 10,000 shares on December 31 at an average price of $3.72 for $37,200, reducing her holdings to 63,963 shares (a 13.52% decrease) — the transaction was disclosed in an SEC filing.
- Weak financials and analyst sentiment: Lightwave reported a quarterly EPS of ($0.04) on just $0.03 million in revenue with heavily negative margins and ROE, and the stock carries a MarketBeat consensus rating of Sell (Weiss Ratings also restated a "sell (e+)" rating).
- Stock and ownership snapshot: LWLG trades near $3.81 with a 52-week range of $0.79–$6.26 and a market cap of about $510 million, and institutional investors own roughly 27% of the shares (Vanguard holds ~9.12 million shares).
Lightwave Logic Inc. (NASDAQ:LWLG - Get Free Report) Director Laila Partridge sold 10,000 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $3.72, for a total value of $37,200.00. Following the completion of the transaction, the director directly owned 63,963 shares of the company's stock, valued at approximately $237,942.36. This represents a 13.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Lightwave Logic Stock Up 4.1%
Shares of LWLG opened at $3.81 on Tuesday. Lightwave Logic Inc. has a 52-week low of $0.79 and a 52-week high of $6.26. The stock has a market cap of $509.64 million, a PE ratio of -21.17 and a beta of 2.85. The firm's fifty day moving average is $4.17 and its two-hundred day moving average is $3.39.
Lightwave Logic (NASDAQ:LWLG - Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $0.03 million during the quarter. Lightwave Logic had a negative return on equity of 62.24% and a negative net margin of 20,797.03%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of Lightwave Logic in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Lightwave Logic has a consensus rating of "Sell".
View Our Latest Stock Analysis on LWLG
Institutional Investors Weigh In On Lightwave Logic
Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC raised its stake in Lightwave Logic by 225.2% during the second quarter. Jane Street Group LLC now owns 545,100 shares of the company's stock worth $676,000 after purchasing an additional 377,484 shares during the period. Marshall Wace LLP acquired a new stake in shares of Lightwave Logic during the 2nd quarter worth approximately $458,000. Private Advisor Group LLC purchased a new stake in shares of Lightwave Logic during the 3rd quarter valued at approximately $1,150,000. Vanguard Group Inc. lifted its holdings in Lightwave Logic by 3.4% in the third quarter. Vanguard Group Inc. now owns 9,122,676 shares of the company's stock valued at $33,845,000 after acquiring an additional 296,908 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Lightwave Logic in the second quarter worth approximately $340,000. 27.04% of the stock is currently owned by institutional investors and hedge funds.
About Lightwave Logic
(
Get Free Report)
Lightwave Logic, Inc (NASDAQ: LWLG) is a U.S.-based photonics company focused on the development and commercialization of proprietary electro‐optic polymer materials and devices for high-speed optical communications. The company's core technology platform centers on organic electro-optic polymers that offer low drive voltage, high modulation bandwidth and integration flexibility, enabling next-generation optical interconnects for data centers, telecommunications and emerging photonic computing architectures.
Lightwave Logic's product pipeline includes modulators, waveguides and integrated photonic components designed to outperform traditional lithium-niobate and silicon-based solutions in terms of size, power consumption and ease of integration.
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