Insider Selling: Lightwave Logic (NASDAQ:LWLG) Insider Sells $207,200.00 in Stock

Lightwave Logic Inc. (NASDAQ:LWLG) insider Snizhana Quan sold 20,000 shares of the business’s stock in a transaction 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 completion of the transaction, the insider directly owned 51,125 shares in the company, valued at approximately $529,655. This represents a 28.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Lightwave Logic Stock Performance

Lightwave Logic stock opened at $10.60 on Monday. The firm has a market cap of $1.58 billion, a P/E ratio of -62.35 and a beta of 2.75. The business’s fifty day moving average is $5.56 and its two-hundred day moving average is $4.74. Lightwave Logic Inc. has a 52 week low of $0.82 and a 52 week high of $10.62.

Lightwave Logic (NASDAQ:LWLG) last posted its quarterly earnings data on Friday, March 20th. The company reported ($0.04) 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 during the quarter.

Institutional Investors Weigh In On Lightwave Logic

Large investors have recently modified their holdings of the business. Hudson Bay Capital Management LP bought a new stake in shares of Lightwave Logic in the second quarter worth about $40,000. WINTON GROUP Ltd bought a new stake in shares of Lightwave Logic in the second quarter worth about $39,000. Sherbrooke Park Advisers LLC bought a new stake in shares of Lightwave Logic in the third quarter worth about $38,000. T3 Companies LLC bought a new stake in shares of Lightwave Logic in the fourth quarter worth about $67,000. Finally, Greenspring Advisors LLC increased its holdings in shares of 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 in the last quarter. 27.04% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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, According to data from MarketBeat, Lightwave Logic currently has an average rating of “Sell”.

About Lightwave Logic

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.