Luna Innovations (LUNA)

• Market cap: $52M
• 1 day: -3.23%
• 5 days: -10.71%
• 1 month: -7.98%
• 3 months: -32.13%
• 6 months: -56.52%
• Year to date: -77.94%
• 1 year: -76.96%
• 5 years: -79.78%
• 10 years: 4.17%
• Sector: Industrials
• Industry: Commercial Physical & Biological Research

About: Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.

Employees: 344

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,250% more call options, than puts

Call options by funds: $27K | Put options by funds: $2K

4.13% less ownership

Funds ownership: 51.68% [Q2] → 47.54% (-4.13%) [Q3]

28% less funds holding

Funds holding: 85 [Q2] → 61 (-24) [Q3]

31% less capital invested

Capital invested by funds: $56.1M [Q2] → $38.6M (-$17.5M) [Q3]

63% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 24

77% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 31