Ocean Power TechnologiesOPTT
About: Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
Employees: 43
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
7% more funds holding
Funds holding: 28 [Q1] → 30 (+2) [Q2]
0.51% more ownership
Funds ownership: 6.05% [Q1] → 6.57% (+0.51%) [Q2]
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
20% less capital invested
Capital invested by funds: $954K [Q1] → $763K (-$191K) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for OPTT.
Financial journalist opinion
Based on 12 articles about OPTT published over the past 30 days