OPTT icon

Ocean Power Technologies

0.9157 USD
-0.0012
0.13%
At close Jan 21, 4:00 PM EST
After hours
0.9269
+0.0112
1.22%
1 day
-0.13%
5 days
5.98%
1 month
174.16%
3 months
472.31%
6 months
191.16%
Year to date
-9.34%
1 year
236.65%
5 years
3.46%
10 years
-99.09%
 

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

0
Funds holding %
of 6,823 funds
Analysts bullish %

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

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

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]

Research analyst outlook

We haven’t received any recent analyst ratings for OPTT.

Financial journalist opinion

Based on 10 articles about OPTT published over the past 30 days

Positive
Proactive Investors
9 hours ago
Ocean Power Technologies hails multi-day autonomous vehicle demonstration
Ocean Power Technologies Inc has announced a successful multi-day demonstration of its WAM-V autonomous maritime surface vehicle in California. Equipped with a complete seabed survey payload, the WAM-V 22 completed a major set of offshore exercises over several days without needing to return to base.
Ocean Power Technologies hails multi-day autonomous vehicle demonstration
Neutral
GlobeNewsWire
10 hours ago
Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities
Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale Completion of Exercises in California Illustrates Cost Efficient Autonomous Ocean Intelligence at Scale
Ocean Power Technologies Demonstrates Multi-Day Advanced Remote Survey Capabilities
Positive
Proactive Investors
4 days ago
Ocean Power Technologies strengthens focus on US government projects with advisory board appointments
Ocean Power Technologies Inc (NYSE-A:OPTT) has announced the appointment of three new advisory board members that support its focus on advancing US government projects. It has appointed Natalie Lorenz-Anderson, Rear Admiral Joseph A "Digger" DiGuardo, and Rear Admiral Victorino "Vic" Mercado to its advisory board.
Ocean Power Technologies strengthens focus on US government projects with advisory board appointments
Neutral
Business Wire
4 days ago
Glancy Prongay & Murray LLP Announces Investigation of Ocean Power Technologies, Inc. (OPTT)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Ocean Power Technologies, Inc. (NYSE: OPTT) concerning the Company and its directors' and officers' possible violations of state laws. If you own Ocean Power Technologies stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New.
Glancy Prongay & Murray LLP Announces Investigation of Ocean Power Technologies, Inc. (OPTT)
Neutral
GlobeNewsWire
4 days ago
Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors
The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Company's Commitment to US Government Projects The Appointment of a MIT Board of Trustees Member with Deep Cybersecurity and Government Contracting Experience and Two Highly Decorated Naval Veterans as Advisory Board Members Underscores the Company's Commitment to US Government Projects
Ocean Power Technologies Announces Appointment of Advisory Board Members to Support the Board of Directors
Positive
Proactive Investors
1 week ago
Ocean Power Technologies CEO reflects on strategic growth, cost efficiency, and technological innovations
Ocean Power Technologies Inc (NYSE-A:OPTT), a leader in ocean intelligence solutions, is making significant strides in its mission to deliver innovative surveillance, monitoring, and data solutions for maritime environments. At a recent fireside chat with Water Tower Research, CEO Philipp Stratmann shared insights into the company's progress, emphasizing its operational evolution, cost efficiency, and expanding global footprint.
Ocean Power Technologies CEO reflects on strategic growth, cost efficiency, and technological innovations
Neutral
Accesswire
1 week ago
Ocean Power Technologies to Speak at The Microcap Conference 2025
MONROE TOWNSHIP, NJ / ACCESSWIRE / January 9, 2025 / Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American:OPTT), is pleased to announce its participation in The Microcap Conference 2025, the premier event for growth-focused companies and investors. The conference will take place January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ.
Ocean Power Technologies to Speak at The Microcap Conference 2025
Positive
Proactive Investors
3 weeks ago
Ocean Power Technologies CEO talks PowerBuoy deployment milestone - ICYMI
Ocean Power Technologies Inc (NYSE-A:OPTT) this week announced the deployment of their next-generation PowerBuoy system for the Naval Postgraduate School.   CEO Philipp Stratmann joined Proactive to discuss the milestone.
Ocean Power Technologies CEO talks PowerBuoy deployment milestone - ICYMI
Positive
Proactive Investors
4 weeks ago
Ocean Power Technologies nearing PowerBuoy deployment for Naval Postgraduate School
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has completed the final assembly of its AI-capable Merrows PowerBuoy for the Naval Postgraduate School (NPS). The provider of intelligent maritime solutions said the advanced system, which integrates AT&T 5G technology and subsea sensors, is designed for seamless integration with Maritime Domain Awareness platforms.
Ocean Power Technologies nearing PowerBuoy deployment for Naval Postgraduate School
Neutral
GlobeNewsWire
4 weeks ago
Ocean Power Technologies Readies Shipment of AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
MONROE TOWNSHIP, N.J., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has finalized the main assembly of the previously announced PowerBuoy® for Naval Postgraduate School.
Ocean Power Technologies Readies Shipment of AI Capable Merrows™ PowerBuoy® for Naval Postgraduate School
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