Ocean Power Technologies (OPTT)

• Market cap: $49M
• 1 day: 7.74%
• 5 days: -6.81%
• 1 month: 123.67%
• 3 months: 85.26%
• 6 months: 158.08%
• Year to date: 6.34%
• 1 year: -2.75%
• 5 years: -57.48%
• 10 years: -99.73%
• Sector: Utilities
• Industry: Electric Services

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

2,100% more call options, than puts

Call options by funds: $22K | Put options by funds: $1K

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

17% more funds holding

Funds holding: 30 [Q2] → 35 (+5) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

2.33% less ownership

Funds ownership: 6.65% [Q2] → 4.33% (-2.33%) [Q3]

15% less capital invested

Capital invested by funds: $773K [Q2] → $658K (-$115K) [Q3]