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 $0.27 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 $0.19 million.
As published in their initiating research note from Ladenburg Thalmann on September 24, 2025, Ocean Power Technologies [OPTT] has been a Buy and the price target has been revised to $1.50. As of May 09, 2013, Ascendiant Capital Markets has initiated its “Strong buy” rating for OPTT. Earlier on July 17, 2008, UBS resumed its rating. Their recommendation was “a Buy” for OPTT stock.
Analyzing OPTT Stock Performance
On last trading session, Ocean Power Technologies [AMEX: OPTT] plunged -3.13% to $0.52. The stock’s lowest price that day was $0.516, but it reached a high of $0.5421 in the same session. During the last five days, there has been a surge of approximately 6.54%. Over the course of the year, Ocean Power Technologies shares have jumped approximately 244.20%. Shares of the company reached a 52-week high of $1.7500 on 01/06/25 and a 52-week low of $0.3006 on 04/04/25.
Support And Resistance Levels for Ocean Power Technologies (OPTT)
According to the 24-hour chart, there is a support level at 0.5068, which, if violated, would cause prices to drop to 0.4974. In the upper region, resistance lies at 0.5339. The next price resistance is at 0.5516. RSI (Relative Strength Index) is 47.53 on the 14-day chart, showing neutral technical sentiment.
Is Ocean Power Technologies subject to short interest?
Stocks of Ocean Power Technologies saw a sharp rise in short interest on 2025-10-15 jumping by 5.32 million shares to 17.72 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 12.4 million shares. A jump of 30.02% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.13 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.13.
