Orion Energy Systems, Inc. (NASDAQ:OESX – Get Free Report) EVP J. Per Brodin purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, November 10th. The shares were acquired at an average price of $12.76 per share, with a total value of $25,520.00. Following the completion of the acquisition, the executive vice president owned 87,263 shares in the company, valued at approximately $1,113,475.88. This trade represents a 2.35% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Orion Energy Systems Trading Down 8.5%
Shares of NASDAQ:OESX traded down $1.13 during midday trading on Tuesday, reaching $12.11. The company’s stock had a trading volume of 106,838 shares, compared to its average volume of 59,540. The firm has a market capitalization of $49.53 million, a price-to-earnings ratio of -151.36 and a beta of 0.93. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.54. The firm has a 50 day moving average price of $24.49 and a two-hundred day moving average price of $15.03. Orion Energy Systems, Inc. has a fifty-two week low of $8.58 and a fifty-two week high of $31.65.
Institutional Investors Weigh In On Orion Energy Systems
Several hedge funds and other institutional investors have recently modified their holdings of OESX. Sei Investments Co. lifted its holdings in shares of 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. Tieton Capital Management LLC bought a new stake in Orion Energy Systems during the 2nd quarter valued at $3,326,000. AIGH Capital Management LLC bought a new stake in Orion Energy Systems during the 3rd quarter valued at $12,414,000. Renaissance Technologies LLC raised its holdings in Orion Energy Systems by 32.4% during the first quarter. Renaissance Technologies LLC now owns 178,469 shares of the electronics maker’s stock worth $1,560,000 after buying an additional 43,693 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Orion Energy Systems by 60.1% during the first quarter. NewEdge Advisors LLC now owns 24,140 shares of the electronics maker’s stock worth $211,000 after buying an additional 9,058 shares during the last quarter. Institutional investors own 52.59% of the company’s stock.
Analyst Upgrades and Downgrades
OESX has been the subject of several research analyst reports. Wall Street Zen lowered shares of Orion Energy Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Zacks Research lowered shares of Orion Energy Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Craig Hallum restated a “buy” rating and issued a $43.00 price target on shares of Orion Energy Systems in a report on Tuesday, September 15th. Weiss Ratings downgraded shares of Orion Energy Systems from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Monday. Finally, HC Wainwright reiterated a “buy” rating and set a $30.00 price objective on shares of Orion Energy Systems in a report on Thursday, August 6th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $36.50.
View Our Latest Research Report on OESX
Key Stories Impacting Orion Energy Systems
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.
About Orion Energy Systems
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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