The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ocean Power Technologies shares valued at $1,975 were purchased by Stratmann Philipp on Sep 17 ’25. At $0.49 per share, Stratmann Philipp acquired 3,989 shares. The insider’s holdings grew to 517,714 shares worth approximately $0.26 million following the completion of this transaction.
Also, Slaiby Peter E. purchased 35,000 shares, netting a total of over 6,713 in proceeds. Following the buying of shares at $0.19 each, the insider now holds 241,871 shares.
Before that, Cryan Terence James had added 100,000 shares to its account. In a trade valued at $14,800, the Director bought Ocean Power Technologies shares for $0.15 each. Upon closing the transaction, the insider’s holdings increased to 100,000 shares, worth approximately $0.18 million.
Analysts at Ascendiant Capital Markets started covering the stock with ‘”a Strong buy”‘ outlook in a report released in early May. As of July 17, 2008, UBS has reiterated its “Buy” rating for OPTT. Earlier on April 07, 2008, Bear Stearns downgraded its rating. Their new recommendation was “an Underperform” for OPTT stock which previously was a “an Outperform”.
Analyzing OPTT Stock Performance
On last trading session, Ocean Power Technologies [AMEX: OPTT] rose 0.59% to $0.51. The stock’s lowest price that day was $0.5017, but it reached a high of $0.53 in the same session. During the last five days, there has been a drop of approximately -10.96%. Over the course of the year, Ocean Power Technologies shares have jumped approximately 103.72%.
Is Ocean Power Technologies subject to short interest?
Stocks of Ocean Power Technologies saw a sharp steep in short interest on 2025-08-29 dropping by -1.85 million shares to 12.38 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 14.23 million shares. A decline of -14.93% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.3 of the overall float, the days-to-cover ratio (short ratio) decline to 3.3.
