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A LightPath Technologies director sold 2 million shares, raising $29.4 million, reducing their stake by 6.5%.
LightPath Technologies (LPTH) Director Run Strategic Opportunit North sold approximately 2 million shares between February 20 and March 4, 2026, generating about $29.4 million in proceeds at prices between $11.72 and $12.53 per share.
The sales, disclosed with the SEC, reduced the director’s stake by roughly 6.5%, leaving them with about 3.46 million shares valued at $41.58 million.
The stock closed at $11.80 on March 4, down $0.18, with trading volume below average.
The company, which makes precision optical components for defense and industrial uses, has a market cap of $680.98 million and a consensus "Moderate Buy" analyst rating with a $12.10 target.
Un director de LightPath Technologies vendió 2 millones de acciones, recaudando $29.4 millones, reduciendo su participación en un 6.5%.