LightPath Technologies (LPTH) Stock Insights
LPTH$8.28-0.10 -1.14%
$579.55M
Market Cap
—
P/E
—
Forward P/E
—
Score
LightPath Technologies (LPTH) Stock Insights
LPTH price $8.28 -0.10 -1.14%
- Ticker
- LPTH
- Price
- $8.28
- Change
- -0.10 -1.14%
- Market cap ?
- $579.55M
- Beta ?
- 1.38
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
Fair value
LPTH fair value $2.19. Price $8.28. Price is 278% above fair value.
Above fair value, and more expensive than usual. A larger premium than on 62% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 2.93M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.91% (beta 1.4). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 70.04M. Net debt -82.28M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-10 | — | -0.02 | — | 21.85M |
| 2026-09-10 | -0.02 | -0.01 | 21.16M | 20.60M |
| 2026-05-07 | -0.02 | -0.02 | 19.15M | 17.04M |
| 2026-02-11 | -0.20 | -0.04 | 16.35M | 14.96M |
| 2025-11-11 | -0.05 | -0.06 | 15.10M | 12.66M |
| 2025-09-25 | -0.16 | -0.03 | 12.20M | 12.27M |
| 2025-05-15 | -0.10 | -0.05 | 9.17M | 12.20M |
| 2025-02-13 | -0.07 | -0.04 | 7.42M | 8.80M |
| 2024-11-07 | -0.04 | -0.05 | 8.40M | 8.33M |
| 2024-09-19 | -0.06 | -0.05 | 8.63M | 8.30M |
| 2024-05-09 | -0.07 | -0.04 | 7.70M | 8.29M |
| 2024-02-08 | -0.05 | -0.04 | 7.32M | 7.62M |
| 2023-11-09 | -0.04 | -0.03 | 8.08M | 8.31M |
| 2023-09-14 | -0.02 | -0.01 | 9.68M | 9.17M |
| 2023-05-11 | -0.03 | -0.03 | 7.41M | 9.12M |
| 2023-02-09 | -0.03 | -0.05 | 8.47M | 8.00M |
| 2022-11-10 | -0.05 | -0.01 | 7.37M | 9.52M |
| 2022-09-14 | -0.05 | -0.02 | 8.91M | 9.14M |
| 2022-05-12 | -0.02 | -0.01 | 8.31M | 9.83M |
| 2022-02-10 | -0.04 | -0.01 | 9.24M | 9.38M |
| 2021-11-04 | -0.02 | -0.01 | 9.10M | 8.92M |
| 2021-09-09 | -0.11 | -0.02 | 8.33M | — |
| 2021-05-06 | -0.01 | -0.00 | 10.70M | 24.08M |
| 2021-02-03 | -0.01 | -0.01 | 9.92M | 13.39M |
| 2020-11-05 | 0.01 | — | 9.51M | 15.52M |
| 2020-09-10 | 0.02 | 0.01 | 9.11M | 4.55M |
| 2020-05-07 | 0.03 | 0.01 | 8.71M | 2.90M |
| 2020-02-06 | 0.03 | — | 9.60M | — |
| 2019-11-07 | -0.05 | -0.01 | 7.55M | 1.51M |
| 2019-09-12 | -0.07 | -0.04 | 8.75M | 5.00M |
| 2019-05-09 | -0.01 | -0.00 | 7.91M | 7.91M |
| 2019-02-07 | 0.00 | — | 8.55M | — |
| 2018-11-08 | -0.02 | -0.00 | 8.55M | — |
| 2018-09-13 | -0.03 | -0.00 | 8.09M | 2.70M |
| 2018-05-14 | 0.04 | 0.02 | 8.50M | 4.25M |
| 2018-02-13 | 0.03 | 0.02 | 8.36M | 8.36M |
| 2017-11-09 | 0.01 | 0.03 | 7.57M | 22.71M |
| 2017-09-14 | 0.24 | 0.18 | 9.01M | 6.76M |
| 2017-05-04 | 0.03 | — | 8.49M | 13.66M |
| 2017-02-15 | 0.06 | 0.01 | 5.87M | 1.96M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-18 | Miranda Albert | Buy | 17.09K | — | — |
| 2026-08-18 | Rubin Shmuel | Buy | 39.38K | — | — |
| 2026-06-03 | North Run Strategic Opportunities Fund I, LP | Sell | 3.57M | $14.00 | 50.00M |
| 2026-06-02 | North Run Strategic Opportunities Fund I, LP | Buy | 3.57M | $2.15 | 7.68M |
| 2026-06-02 | North Run Strategic Opportunities Fund I, LP | Sell | 7.68K | $2.15 | 16.51K |
| 2026-05-18 | North Run Strategic Opportunities Fund I, LP | Sell | 55.28K | $12.32 | 681.10K |
| 2026-05-14 | North Run Strategic Opportunities Fund I, LP | Sell | 165.00K | $12.16 | 2.01M |
| 2026-05-13 | North Run Strategic Opportunities Fund I, LP | Sell | 45.00K | $12.29 | 553.05K |
| 2026-05-12 | North Run Strategic Opportunities Fund I, LP | Sell | 83.05K | $12.25 | 1.02M |
| 2026-03-27 | Rubin Shmuel | Buy | 180 | $9.70 | 1.75K |
| 2026-03-25 | North Run Strategic Opportunities Fund I, LP | Buy | 740.00K | $2.15 | 1.59M |
| 2026-03-25 | North Run Strategic Opportunities Fund I, LP | Sell | 302.35K | $12.31 | 3.72M |
| 2026-03-25 | North Run Strategic Opportunities Fund I, LP | Sell | 1.59K | $2.15 | 3.42K |
| 2026-03-24 | North Run Strategic Opportunities Fund I, LP | Sell | 54.56K | $12.06 | 657.96K |
| 2026-03-23 | Miranda Albert | Buy | 75.00K | — | — |
| 2026-03-23 | Rubin Shmuel | Buy | 375.00K | — | — |
| 2026-03-18 | North Run Strategic Opportunities Fund I, LP | Sell | 16.00K | $12.00 | 192.00K |
| 2026-03-17 | North Run Strategic Opportunities Fund I, LP | Sell | 104.45K | $12.01 | 1.25M |
| 2026-03-04 | North Run Strategic Opportunities Fund I, LP | Sell | 55.00K | $12.09 | 664.95K |
| 2026-03-03 | North Run Strategic Opportunities Fund I, LP | Sell | 381.00K | $12.18 | 4.64M |
| 2026-03-02 | North Run Strategic Opportunities Fund I, LP | Buy | 740.00K | $2.15 | 1.59M |
| 2026-03-02 | North Run Strategic Opportunities Fund I, LP | Sell | 238.99K | $12.03 | 2.88M |
| 2026-03-02 | North Run Strategic Opportunities Fund I, LP | Sell | 1.59K | $2.15 | 3.42K |
| 2026-02-25 | North Run Strategic Opportunities Fund I, LP | Sell | 300.09K | $12.18 | 3.66M |
| 2026-02-24 | North Run Strategic Opportunities Fund I, LP | Sell | 131.28K | $12.02 | 1.58M |
| 2026-02-23 | North Run Strategic Opportunities Fund I, LP | Sell | 6.50K | $12.01 | 78.06K |
| 2026-02-20 | North Run Strategic Opportunities Fund I, LP | Buy | 1.26M | $2.15 | 2.71M |
| 2026-02-20 | North Run Strategic Opportunities Fund I, LP | Sell | 218.81K | $13.18 | 2.88M |
| 2026-02-20 | North Run Strategic Opportunities Fund I, LP | Sell | 376.76K | $12.15 | 4.58M |
| 2026-02-20 | North Run Strategic Opportunities Fund I, LP | Sell | 2.71K | $2.15 | 5.82K |
| 2026-02-02 | Rubin Shmuel | Buy | 29.01K | — | — |
| 2026-02-02 | Miranda Albert | Buy | 12.10K | — | — |
| 2026-01-05 | North Run Strategic Opportunities Fund I, LP | Buy | 3.50M | $2.58 | 9.03M |
| 2026-01-05 | North Run Strategic Opportunities Fund I, LP | Sell | 770.32K | $11.72 | 9.03M |
| 2026-01-05 | North Run Strategic Opportunities Fund I, LP | Sell | 3.50M | $2.58 | 9.03M |
| 2025-12-31 | North Run Strategic Opportunities Fund I, LP | Sell | 1.86M | $2.15 | 4.00M |
| 2025-12-19 | Rubin Shmuel | Sell | 13.02K | — | — |
| 2025-11-20 | Crider Kimberly Anne | Buy | 19.36K | — | — |
| 2025-11-20 | ELLIS THOMAS B | Buy | 6.97K | — | — |
| 2025-11-20 | CREVISTON STEVEN E | Buy | 19.36K | — | — |
| 2025-11-20 | Miranda Albert | Buy | 4.14K | — | — |
| 2025-11-20 | Rubin Shmuel | Buy | 9.53K | — | — |
| 2025-11-18 | Crider Kimberly Anne | Buy | 8.82K | — | — |
| 2025-11-18 | Peck Darcie | Buy | 8.82K | — | — |
| 2025-11-18 | Menaker Joseph | Buy | 8.82K | — | — |
| 2025-11-18 | Faris M. Scott | Buy | 8.82K | — | — |
| 2025-11-18 | Caylor Mark A | Buy | 8.82K | — | — |
| 2025-11-18 | ELLIS THOMAS B | Buy | 8.82K | — | — |
| 2025-11-18 | CREVISTON STEVEN E | Buy | 8.82K | — | — |
| 2025-11-18 | Miranda Albert | Buy | 5.70K | — | — |
| 2025-11-18 | Rubin Shmuel | Buy | 13.13K | — | — |
| 2025-11-17 | Rubin Shmuel | Buy | 16.95K | — | — |
| 2025-11-17 | Miranda Albert | Buy | 7.36K | — | — |
| 2025-10-09 | Caylor Mark A | Other | 0 | — | — |
| 2025-06-16 | ELLIS THOMAS B | Buy | 6.97K | — | — |
| 2025-06-16 | Crider Kimberly Anne | Buy | 19.36K | — | — |
| 2025-06-16 | CREVISTON STEVEN E | Buy | 19.36K | — | — |
| 2025-06-16 | Peck Darcie | Buy | 19.36K | — | — |
| 2025-06-16 | Menaker Joseph | Buy | 19.36K | — | — |
| 2025-06-16 | Faris M. Scott | Buy | 19.36K | — | — |
| 2025-03-07 | Miranda Albert | Buy | 16.41K | — | — |
| 2025-03-07 | Rubin Shmuel | Buy | 37.79K | — | — |
| 2025-02-25 | Rubin Shmuel | Buy | 1.00K | $2.45 | 2.45K |
| 2025-02-20 | Crider Kimberly Anne | Buy | 1.00K | $2.51 | 2.51K |
| 2025-02-19 | Rubin Shmuel | Buy | 1.00K | $2.56 | 2.56K |
| 2025-02-18 | North Run Strategic Opportunities Fund I, LP | Other | 3.50M | $2.58 | 9.03M |
| 2025-02-18 | North Run Strategic Opportunities Fund I, LP | Other | 9.33M | $465.12 | 4.34B |
| 2025-02-18 | North Run Strategic Opportunities Fund I, LP | Other | 1.86M | $465.12 | 865.33M |
| 2025-01-31 | Crider Kimberly Anne | Buy | 43.80K | — | — |
| 2025-01-31 | CREVISTON STEVEN E | Buy | 43.80K | — | — |
| 2025-01-31 | Miranda Albert | Buy | 12.03K | — | — |
| 2025-01-31 | Rubin Shmuel | Buy | 27.70K | — | — |
| 2024-11-18 | Rubin Shmuel | Buy | 16.95K | — | — |
| 2024-11-18 | Miranda Albert | Buy | 7.36K | — | — |
| 2024-11-11 | Rubin Shmuel | Buy | 10.70K | — | — |
| 2024-11-11 | Miranda Albert | Buy | 4.64K | — | — |
| 2024-04-30 | LEEBURG LOUIS | Buy | 502.11K | — | — |
| 2024-02-26 | Rubin Shmuel | Buy | 35.76K | — | — |
| 2024-01-31 | Crider Kimberly Anne | Sell | 43.80K | — | — |
| 2024-01-31 | Faris M. Scott | Buy | 43.80K | — | — |
| 2024-01-31 | Menaker Joseph | Buy | 43.80K | — | — |
| 2024-01-31 | CREVISTON STEVEN E | Buy | 56.54K | — | — |
| 2024-01-31 | CREVISTON STEVEN E | Buy | 43.80K | — | — |
| 2024-01-31 | Peck Darcie | Buy | 58.26K | — | — |
| 2024-01-31 | Peck Darcie | Buy | 43.80K | — | — |
| 2024-01-31 | Rubin Shmuel | Buy | 25.71K | — | — |
| 2024-01-31 | Rubin Shmuel | Buy | 118.11K | — | — |
| 2024-01-31 | Miranda Albert | Buy | 51.28K | — | — |
| 2024-01-31 | Miranda Albert | Buy | 11.16K | — | — |
| 2023-10-02 | Miranda Albert | Buy | 1.49K | — | — |
| 2023-10-02 | Rubin Shmuel | Buy | 2.29K | — | — |
| 2023-04-01 | Rubin Shmuel | Buy | 2.32K | — | — |
| 2023-04-01 | Miranda Albert | Buy | 1.37K | — | — |
| 2023-03-10 | Rubin Shmuel | Buy | 39.62K | — | — |
| 2023-01-02 | Rubin Shmuel | Buy | 12.12K | — | — |
| 2023-01-02 | Miranda Albert | Buy | 7.79K | — | — |
| 2022-12-02 | Miranda Albert | Buy | 4.64K | — | — |
| 2022-12-02 | Rubin Shmuel | Buy | 10.70K | — | — |
| 2022-12-01 | Rubin Shmuel | Buy | 1.50K | $1.24 | 1.86K |
| 2022-11-18 | CREVISTON STEVEN E | Buy | 37.78K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 175, holders +31 vs prior quarter. Ownership 85.87%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 4.47M | 3.33M | +292.84% | 73.08M |
| HOOD RIVER CAPITAL MANAGEMENT LLC | 3.56M | 1.13M | +46.24% | 58.24M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.72M | 133.69K | +5.17% | 44.44M |
| AWM INVESTMENT COMPANY, INC. | 2.54M | 499.91K | +24.53% | 41.49M |
| DRIEHAUS CAPITAL MANAGEMENT LLC | 2.17M | 6.30K | +0.29% | 35.50M |
| TEMA ETFS LLC | 1.99M | 1.99M | New | 32.49M |
| TIDAL INVESTMENTS LLC | 1.95M | 1.95M | New | 31.93M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.45M | 841.39K | +138.97% | 23.66M |
| BANK OF AMERICA CORP /DE/ | 1.20M | 643.29K | +115.69% | 19.61M |
| GOLDMAN SACHS GROUP INC | 1.08M | -1.39M | -56.32% | 17.69M |
| CITADEL ADVISORS LLC | 1.06M | 831.36K | +370.48% | 17.26M |
| STATE STREET CORP | 1.04M | 788.70K | +308.66% | 17.07M |
| TELEMARK ASSET MANAGEMENT, LLC | 1.02M | 640.00K | +166.23% | 16.76M |
| NEEDHAM INVESTMENT MANAGEMENT LLC | 1.01M | 482.50K | +91.47% | 16.51M |
| ROYCE & ASSOCIATES LP | 969.62K | -20.00K | -2.02% | 15.85M |
| EMERALD ADVISERS, LLC | 937.26K | 937.26K | New | 15.32M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 896.83K | 896.83K | New | 14.66M |
| JANE STREET GROUP, LLC | 863.50K | 713.71K | +476.44% | 14.12M |
| RELYEA ZUCKERBERG HANSON LLC | 765.61K | 0 | 0.00% | 12.52M |
| TWO SIGMA INVESTMENTS, LP | 678.15K | 561.09K | +479.30% | 11.09M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 672.08K | 605.02K | +902.31% | 10.99M |
| RENAISSANCE TECHNOLOGIES LLC | 671.74K | 275.81K | +69.66% | 10.98M |
| PEREGRINE INVESTMENT MANAGEMENT INC | 660.00K | 260.00K | +65.00% | 10.79M |
| PORTOLAN CAPITAL MANAGEMENT, LLC | 629.17K | -411.29K | -39.53% | 10.29M |
| PALISADES INVESTMENT PARTNERS, LLC | 609.57K | 12.07K | +2.02% | 9.97M |
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