Lightwave Logic (NASDAQ:LWLG) Director Laila Partridge Sells 11,000 Shares

Key Points

  • Laila Partridge, a director of Lightwave Logic, sold 11,000 shares on April 1 at an average price of $6.84 for proceeds of $75,240, reducing her ownership by about 11.99% to 80,723 shares (≈$552,145).
  • LWLG opened at $7.66 and trades in a 52‑week range of $0.79–$8.79 with a market cap of $1.14B, but the company reported quarterly EPS of $(0.04), a negative P/E of −45.06 and severely negative margins on just $0.16M in revenue for the quarter.
  • Market sentiment is weak: Weiss Ratings reissued a "Sell (e+)" and MarketBeat shows an average rating of "Sell," while institutional investors hold about 27.04% of the stock with several small recent buys.

Lightwave Logic Inc. (NASDAQ:LWLG - Get Free Report) Director Laila Partridge sold 11,000 shares of the business's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $6.84, for a total transaction of $75,240.00. Following the completion of the sale, the director owned 80,723 shares of the company's stock, valued at approximately $552,145.32. The trade was a 11.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Lightwave Logic Stock Performance

LWLG stock opened at $7.66 on Friday. Lightwave Logic Inc. has a 52 week low of $0.79 and a 52 week high of $8.79. The firm's fifty day moving average is $4.96 and its 200 day moving average is $4.53. The firm has a market cap of $1.14 billion, a P/E ratio of -45.06 and a beta of 2.75.

Lightwave Logic (NASDAQ:LWLG - Get Free Report) last posted its quarterly earnings results on Friday, March 20th. The company reported ($0.04) earnings per share for the quarter. Lightwave Logic had a negative return on equity of 46.11% and a negative net margin of 8,571.31%.The business had revenue of $0.16 million during the quarter.

Analyst Upgrades and Downgrades




Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Lightwave Logic in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lightwave Logic currently has an average rating of "Sell".

Get Our Latest Stock Analysis on Lightwave Logic

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its position in shares of Lightwave Logic by 42.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 36,283 shares of the company's stock worth $45,000 after buying an additional 10,839 shares during the last quarter. WINTON GROUP Ltd purchased a new position in shares of Lightwave Logic during the second quarter valued at approximately $39,000. Sherbrooke Park Advisers LLC bought a new position in shares of Lightwave Logic during the third quarter valued at approximately $38,000. T3 Companies LLC purchased a new stake in Lightwave Logic in the fourth quarter worth $67,000. Finally, Greenspring Advisors LLC lifted its stake in Lightwave Logic by 7.5% in the fourth quarter. Greenspring Advisors LLC now owns 71,725 shares of the company's stock worth $232,000 after acquiring an additional 5,000 shares during the period. Institutional investors own 27.04% of the company's stock.

Lightwave Logic Company Profile

(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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