ORBCOMM Inc. (ORBC) Forms $10.99 Double Top; Profile of 3 Analysts Covering LightPath Technologies, Inc. (LPTH)

ORBCOMM Inc. (ORBC) formed double top with $11.98 target or 9.00% above today’s $10.99 share price. ORBCOMM Inc. (ORBC) has $816.48M valuation. The stock increased 3.58% or $0.38 during the last trading session, reaching $10.99. About 1.15M shares traded or 73.70% up from the average. ORBCOMM Inc. (NASDAQ:ORBC) has risen 5.18% since January 5, 2017 and is uptrending. It has underperformed by 11.52% the S&P500.

Among 3 analysts covering LightPath Technologies (NASDAQ:LPTH), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. LightPath Technologies had 6 analyst reports since August 4, 2015 according to SRatingsIntel. Roth Capital maintained LightPath Technologies, Inc. (NASDAQ:LPTH) rating on Sunday, August 13. Roth Capital has “Buy” rating and $3.2500 target. As per Tuesday, August 4, the company rating was downgraded by Zacks. Dougherty & Company initiated LightPath Technologies, Inc. (NASDAQ:LPTH) rating on Tuesday, January 10. Dougherty & Company has “Buy” rating and $2.50 target. The stock has “Buy” rating by TH Capital on Thursday, December 22. The rating was maintained by Roth Capital on Monday, November 13 with “Buy”. The rating was initiated by Roth Capital on Thursday, December 22 with “Buy”. See LightPath Technologies, Inc. (NASDAQ:LPTH) latest ratings:

13/11/2017 Broker: Roth Capital Rating: Buy New Target: $3.25 Maintain
13/08/2017 Broker: Roth Capital Rating: Buy New Target: $3.2500 Maintain

Investors sentiment increased to 3 in 2017 Q3. Its up 1.56, from 1.44 in 2017Q2. It is positive, as 2 investors sold LightPath Technologies, Inc. shares while 3 reduced holdings. 6 funds opened positions while 9 raised stakes. 7.73 million shares or 5.00% more from 7.36 million shares in 2017Q2 were reported. Royal Bancshares Of Canada invested in 1,807 shares. Foundry Prtnrs Ltd Liability Corp has 0.04% invested in LightPath Technologies, Inc. (NASDAQ:LPTH) for 384,300 shares. Vertex One Asset Mgmt Incorporated reported 0.34% stake. Virtu Fincl Lc has invested 0% in LightPath Technologies, Inc. (NASDAQ:LPTH). 62 are held by Commercial Bank Of Montreal Can. Spark Mngmt Ltd Limited Liability Company accumulated 0.01% or 76,400 shares. Manatuck Hill Prns Ltd Limited Liability Company has 1.41% invested in LightPath Technologies, Inc. (NASDAQ:LPTH). Wellington Mgmt Grp Ltd Liability Partnership accumulated 2.39M shares. Price T Rowe Assocs Inc Md owns 34,900 shares. Advisory Limited stated it has 4 shares or 0% of all its holdings. Creative Planning reported 0% stake. Blackrock, a New York-based fund reported 296,107 shares. Dimensional Fund Advsr Lp owns 453,767 shares. Northern Trust accumulated 34,961 shares or 0% of the stock. First Republic Investment Mngmt has invested 0% in LightPath Technologies, Inc. (NASDAQ:LPTH).

The stock decreased 2.07% or $0.05 during the last trading session, reaching $2.37. About 306,621 shares traded. LightPath Technologies, Inc. (NASDAQ:LPTH) has risen 67.65% since January 5, 2017 and is uptrending. It has outperformed by 50.95% the S&P500.

LightPath Technologies, Inc. designs, develops, makes, and distributes optical components and assemblies. The company has market cap of $58.16 million. The firm offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light. It has a 7.18 P/E ratio. The Company’s products are used in various industries, including defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries.

Among 4 analysts covering ORBCOMM (NASDAQ:ORBC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ORBCOMM had 15 analyst reports since March 14, 2016 according to SRatingsIntel. Canaccord Genuity maintained ORBCOMM Inc. (NASDAQ:ORBC) rating on Tuesday, November 28. Canaccord Genuity has “Buy” rating and $16.0 target. On Monday, October 16 the stock rating was maintained by Canaccord Genuity with “Buy”. Northland Capital maintained ORBCOMM Inc. (NASDAQ:ORBC) on Friday, September 29 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $1400 target in Friday, May 26 report. Canaccord Genuity maintained the shares of ORBC in report on Monday, September 11 with “Buy” rating. The firm earned “Buy” rating on Friday, November 3 by Northland Capital. Canaccord Genuity maintained ORBCOMM Inc. (NASDAQ:ORBC) on Wednesday, July 12 with “Buy” rating. The company was initiated on Monday, October 31 by Macquarie Research. Canaccord Genuity maintained ORBCOMM Inc. (NASDAQ:ORBC) rating on Monday, June 12. Canaccord Genuity has “Buy” rating and $1400 target. The stock of ORBCOMM Inc. (NASDAQ:ORBC) has “Buy” rating given on Thursday, August 3 by Canaccord Genuity.

Since August 1, 2017, it had 0 buys, and 9 insider sales for $4.93 million activity. 13,832 ORBCOMM Inc. (NASDAQ:ORBC) shares with value of $155,873 were sold by Milcos Constantine. 115,000 shares valued at $1.30 million were sold by Eisenberg Marc on Tuesday, August 15. Another trade for 41,962 shares valued at $473,289 was sold by Stolte John J Jr. Eisenberg Jerome B sold $73,850 worth of stock or 7,000 shares. $1.58M worth of stock was sold by COSTANTINI ROBERT G on Tuesday, August 15. On Monday, August 14 Le Brun Christian sold $925,751 worth of ORBCOMM Inc. (NASDAQ:ORBC) or 82,901 shares.

Analysts await ORBCOMM Inc. (NASDAQ:ORBC) to report earnings on February, 27. They expect $-0.10 earnings per share, down 150.00% or $0.06 from last year’s $-0.04 per share. After $-0.10 actual earnings per share reported by ORBCOMM Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.31 in 2017 Q3. Its down 0.38, from 1.69 in 2017Q2. It is negative, as 15 investors sold ORBCOMM Inc. shares while 33 reduced holdings. 19 funds opened positions while 44 raised stakes. 55.19 million shares or 1.16% more from 54.56 million shares in 2017Q2 were reported. Tiaa Cref Investment Mgmt Ltd Liability Co has 171,826 shares. Barclays Public Ltd owns 0% invested in ORBCOMM Inc. (NASDAQ:ORBC) for 34,053 shares. Alliancebernstein L P reported 75,400 shares. Sg Americas Secs Ltd Llc holds 10,225 shares. Boothbay Fund Mgmt Lc stated it has 228,858 shares. Pier Ltd Com owns 382,919 shares. The Georgia-based Voya Invest Mngmt Limited has invested 0% in ORBCOMM Inc. (NASDAQ:ORBC). Moreover, Morgan Stanley has 0% invested in ORBCOMM Inc. (NASDAQ:ORBC) for 286,463 shares. 1.54M are owned by Masters Cap Management Ltd Liability Corporation. The Texas-based Friedberg Invest Mgmt has invested 0.79% in ORBCOMM Inc. (NASDAQ:ORBC). Fmr Ltd Com owns 493,247 shares. Meeder Asset Mgmt Inc has 569 shares. Weiss Multi holds 0.06% or 150,000 shares in its portfolio. Cannell Peter B Com reported 50,000 shares. Aqr Cap Mgmt Ltd Liability Co accumulated 30,797 shares or 0% of the stock.