Key Points
- Insider sale: Snizhana Quan sold 20,000 shares on April 10 at an average price of $10.36 for about $207,200, cutting her stake by 28.12% to 51,125 shares.
- The stock jumped roughly 25.6% to open at $10.60 (near its 12‑month high of $10.62) and carries a market cap of $1.58 billion and a beta of 2.75, signaling elevated volatility.
- Despite the rally, Lightwave Logic reported weak results (quarterly EPS -$0.04, revenue $0.16M, very negative net margin) and analysts maintain an overall Sell rating, with Weiss Ratings reaffirming "sell (e+)."
Lightwave Logic Inc. (NASDAQ:LWLG - Get Free Report) insider Snizhana Quan sold 20,000 shares of the business's stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $10.36, for a total value of $207,200.00. Following the transaction, the insider owned 51,125 shares in the company, valued at $529,655. The trade was a 28.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Lightwave Logic Trading Up 25.6%
NASDAQ LWLG opened at $10.60 on Friday. The business's 50 day moving average is $5.56 and its two-hundred day moving average is $4.73. Lightwave Logic Inc. has a 12-month low of $0.82 and a 12-month high of $10.62. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of -62.35 and a beta of 2.75.
Lightwave Logic (NASDAQ:LWLG - Get Free Report) last released its earnings results on Friday, March 20th. The company reported ($0.04) earnings per share (EPS) 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 for the quarter.
Hedge Funds Weigh In On Lightwave Logic
Hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its position in Lightwave Logic by 50.1% during the fourth quarter. Farther Finance Advisors LLC now owns 9,155 shares of the company's stock worth $30,000 after acquiring an additional 3,055 shares during the last quarter. Kathmere Capital Management LLC acquired a new stake in shares of Lightwave Logic in the fourth quarter valued at approximately $33,000. Bernardo Wealth Planning LLC acquired a new stake in shares of Lightwave Logic in the fourth quarter valued at approximately $33,000. Dakota Wealth Management purchased a new position in shares of Lightwave Logic during the 4th quarter worth approximately $36,000. Finally, Sherbrooke Park Advisers LLC purchased a new position in shares of Lightwave Logic during the 3rd quarter worth approximately $38,000. 27.04% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Lightwave Logic in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Lightwave Logic currently has an average rating of "Sell".
View Our Latest Analysis on Lightwave Logic
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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