LightPath Technologies, Inc. (NASDAQ:LPTH) Shares Bought by AIGH Capital Management LLC

AIGH Capital Management LLC grew its holdings in LightPath Technologies, Inc. (NASDAQ:LPTH) by 5.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,723,932 shares of the technology company’s stock after buying an additional 200,000 shares during the quarter. LightPath Technologies comprises 1.5% of AIGH Capital Management LLC’s investment portfolio, making the stock its 19th biggest holding. AIGH Capital Management LLC owned 9.60% of LightPath Technologies worth $4,692,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Murphy Pohlad Asset Management LLC boosted its position in shares of LightPath Technologies by 22.8% during the 2nd quarter. Murphy Pohlad Asset Management LLC now owns 56,500 shares of the technology company’s stock worth $71,000 after purchasing an additional 10,500 shares in the last quarter. Archon Capital Management LLC boosted its holdings in LightPath Technologies by 1.8% during the first quarter. Archon Capital Management LLC now owns 2,082,934 shares of the technology company’s stock worth $2,874,000 after buying an additional 37,400 shares in the last quarter. Vanguard Group Inc. grew its position in LightPath Technologies by 15.6% during the first quarter. Vanguard Group Inc. now owns 1,571,852 shares of the technology company’s stock worth $2,169,000 after buying an additional 211,626 shares during the period. Finally, B. Riley Wealth Advisors Inc. increased its holdings in LightPath Technologies by 73.7% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 111,824 shares of the technology company’s stock valued at $141,000 after buying an additional 47,429 shares in the last quarter. 56.29% of the stock is currently owned by hedge funds and other institutional investors.

LightPath Technologies Stock Performance

Shares of LPTH stock opened at $1.17 on Monday. LightPath Technologies, Inc. has a fifty-two week low of $1.12 and a fifty-two week high of $1.77. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.13 and a current ratio of 2.01. The business has a fifty day simple moving average of $1.33 and a 200-day simple moving average of $1.37.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on LightPath Technologies in a research note on Wednesday, September 4th. They set a “hold” rating on the stock.

LightPath Technologies Profile

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.