Lightpath Technologies Inc (LPTH) Files Form 4 Insider Buying : Dorothy M Cipolla Buys 605 Shares

Lightpath Technologies Inc (LPTH): Dorothy M Cipolla , CFO of Lightpath Technologies Inc purchased 605 shares on Jul 8, 2016. The Insider buying transaction was reported by the company on Jul 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.57 per share for a total value of $949.85 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 8, 2016, Alan Symmons (Executive VP- Operations) purchased 637 shares at $1.57 per share price.On Jul 8, 2016, Joseph J Jr Gaynor (CEO) purchased 1,784 shares at $1.57 per share price.Also, On Jan 8, 2016, Dorothy M Cipolla (CFO) purchased 512 shares at $2.55 per share price.On Nov 30, 2015, Louis Leeburg (director) purchased 10,000 shares at $1.69 per share price.

Shares of LightPath Technologies (LPTH) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -5.75% at $1.64 with 1,12,711 shares getting traded. Post opening the session at $1.7, the shares hit an intraday low of $1.63 and an intraday high of $1.74 and the price vacillated in this range throughout the day. The company has a market cap of $26 M and the number of outstanding shares has been calculated to be 1,55,90,945 shares. The 52-week high of LightPath Technologies is $3.79 and the 52-week low is $1.3.

LightPath Technologies Money Flow Index Chart

LightPath Technologies Inc. is a manufacturer and integrator of families of precision molded aspheric optics fiber-optic collimator GRADIUM glass lenses and other optical materials used to produce products that manipulate light. The Company designs develops manufactures and distributes optical components and assemblies utilizing the optical processes and manufacturing technologies. It also performs research and development for optical solutions for the traditional optics markets and communications markets. Its products are integrated into a range of applications including defense products medical devices laser aided industrial tools automotive safety applications barcode scanners optical data storage telecom machine vision and sensors among others. It is evaluating its business based on five product groups: low volume precision molded optics (LVPMO) high volume precision molded optics (HVPMO) specialty products infrared products and non-recurring engineering (NRE).

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