Key Points
- EVP J. Per Brodin bought 2,000 shares for $25,520, increasing his holdings by 2.35% to 87,263 shares.
- Orion raised its fiscal 2027 revenue guidance to $100 million–$102 million; a nationwide retailer’s planned $10 million–$15 million lighting retrofit commitment could support future revenue. HC Wainwright also increased its FY2027 EPS estimate while maintaining a Buy rating and $30 target.
- Shares opened at $12.11 and were well below the reported 50-day moving average of $24.28, while analyst views were mixed, with an overall consensus rating of Hold.
Orion Energy Systems, Inc. (NASDAQ:OESX - Get Free Report) EVP J. Per Brodin acquired 2,000 shares of the company's stock in a transaction that occurred on Tuesday, November 10th. The stock was acquired at an average price of $12.76 per share, with a total value of $25,520.00. Following the acquisition, the executive vice president owned 87,263 shares in the company, valued at $1,113,475.88. The trade was a 2.35% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Orion Energy Systems Stock Performance
Shares of Orion Energy Systems stock opened at $12.11 on Wednesday. The stock has a market cap of $49.65 million, a price-to-earnings ratio of 33.10 and a beta of 0.93. The company's fifty day moving average is $24.28 and its 200 day moving average is $15.01. The company has a quick ratio of 1.13, a current ratio of 1.75 and a debt-to-equity ratio of 0.44. Orion Energy Systems, Inc. has a twelve month low of $8.58 and a twelve month high of $31.65.
Orion Energy Systems News Summary
Here are the key news stories impacting Orion Energy Systems this week:
- Positive Sentiment: HC Wainwright raised its FY2027 EPS estimate to $0.66 from $0.43 and lifted forecasts for Q3 and Q4 FY2027. The firm maintained its Buy rating and $30 price target. Analyst coverage
- Positive Sentiment: Fiscal 2027 revenue guidance increased to $100 million–$102 million, and a nationwide retailer committed $10 million–$15 million to lighting retrofits—potentially supporting future revenue. Orion Energy: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: EVP J. Per Brodin purchased 2,000 shares for about $25,520, increasing his holdings by 2.35%. Insider buying can signal confidence in the company. SEC insider transaction filing
- Neutral Sentiment: A report stated short interest was zero shares, so it does not indicate meaningful short positioning; the reported “increase” appears inconsistent with that figure.
- Negative Sentiment: HC Wainwright made small downward revisions to its FY2029–FY2031 EPS forecasts, although it retained its Buy rating and $30 target. OESX also remains substantially below its reported 50-day moving average, reflecting recent price weakness.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on OESX shares. HC Wainwright reissued a "buy" rating and issued a $30.00 price objective on shares of Orion Energy Systems in a research note on Thursday, August 6th. Wall Street Zen downgraded Orion Energy Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Craig Hallum reissued a "buy" rating and set a $43.00 price objective on shares of Orion Energy Systems in a report on Tuesday, September 15th. Zacks Research downgraded Orion Energy Systems from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 8th. Finally, Weiss Ratings lowered Orion Energy Systems from a "hold (c-)" rating to a "sell (d-)" rating in a report on Monday. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $36.50.
Read Our Latest Stock Report on OESX
Institutional Trading of Orion Energy Systems
Institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in shares of Orion Energy Systems by 60.1% in the first quarter. NewEdge Advisors LLC now owns 24,140 shares of the electronics maker's stock valued at $211,000 after purchasing an additional 9,058 shares during the last quarter. Sei Investments Co. grew its position in Orion Energy Systems by 114.3% in the 1st quarter. Sei Investments Co. now owns 130,101 shares of the electronics maker's stock worth $1,137,000 after purchasing an additional 69,387 shares in the last quarter. Renaissance Technologies LLC grew its position in Orion Energy Systems by 32.4% in the 1st quarter. Renaissance Technologies LLC now owns 178,469 shares of the electronics maker's stock worth $1,560,000 after purchasing an additional 43,693 shares in the last quarter. Tieton Capital Management LLC purchased a new stake in Orion Energy Systems in the 2nd quarter valued at about $3,326,000. Finally, AIGH Capital Management LLC purchased a new stake in Orion Energy Systems in the 3rd quarter valued at about $12,414,000. Institutional investors own 52.59% of the company's stock.
About Orion Energy Systems
(
Get Free Report)
Orion Energy Systems, Inc. (NASDAQ: OESX) is an energy-efficiency technology company that designs, manufactures and delivers lighting and energy-management solutions for commercial and industrial facilities. Its offerings are intended to help organizations improve illumination, reduce energy consumption and modernize building operations. The company's products and services include LED lighting fixtures and retrofit systems, intelligent lighting controls, and related energy-management technologies.
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