In a filing, Ocean Power Technologies revealed its President and CEO Stratmann Philipp acquired Company’s shares for reported $2558.0 on Dec 16 ’25. In the deal valued at $0.33 per share,7,750 shares were bought. As a result of this transaction, Stratmann Philipp now holds 518,440 shares worth roughly $0.18 million.
Then, Stratmann Philipp bought 6,298 shares, generating $2,172 in total proceeds. Upon buying the shares at $0.34, the President and CEO now owns 510,690 shares.
Before that, Powers Robert Patrick bought 14,723 shares. Ocean Power Technologies shares valued at $5,000 were divested by the CFO at a price of $0.34 per share. As a result of the transaction, Powers Robert Patrick now holds 268,132 shares, worth roughly $93846.2.
H.C. Wainwright initiated its Ocean Power Technologies [OPTT] rating to a Buy in a research note published on December 18, 2025; the price target was $1.50. A number of analysts have revised their coverage, including Ladenburg Thalmann’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating. Ascendiant Capital Markets started covering the stock on May 09, 2013. It rated OPTT as “a Strong buy”.
Price Performance Review of OPTT
On Tuesday, Ocean Power Technologies [AMEX:OPTT] saw its stock fall -2.07% to $0.35. Over the last five days, the stock has gained 3.07%. Ocean Power Technologies shares have risen nearly 12.24% since the year began. Nevertheless, the stocks have fallen -65.74% over the past one year. While a 52-week high of $1.75 was reached on 01/06/25, a 52-week low of $0.30 was recorded on 12/15/25.
Levels Of Support And Resistance For OPTT Stock
The 24-hour chart illustrates a support level at 0.3407, which if violated will result in even more drops to 0.3319. On the upside, there is a resistance level at 0.3626. A further resistance level may holdings at 0.3757.
How much short interest is there in Ocean Power Technologies?
A steep rise in short interest was recorded in Ocean Power Technologies stocks on 2025-11-28, dropping by -3.35 million shares to a total of 15.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-31 was 18.66 million shares. There was a decline of -21.88%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 17, 2008 when UBS resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $14.
