Ocean Power Technologies’s recent filing unveils that its President and CEO Stratmann Philipp acquired Company’s shares for reported $1975.0 on Sep 17 ’25. In the deal valued at $0.49 per share,3,989 shares were bought. As a result of this transaction, Stratmann Philipp now holds 517,714 shares worth roughly $0.3 million.
Then, Slaiby Peter E. bought 35,000 shares, generating $6,713 in total proceeds. Upon buying the shares at $0.19, the Director now owns 241,871 shares.
Before that, Cryan Terence James bought 100,000 shares. Ocean Power Technologies shares valued at $14,800 were divested by the Director at a price of $0.15 per share. As a result of the transaction, Cryan Terence James now holds 358,658 shares, worth roughly $0.2 million.
Ladenburg Thalmann initiated its Ocean Power Technologies [OPTT] rating to a Buy in a research note published on September 24, 2025; the price target was $1.50. Ascendiant Capital Markets began covering OPTT with “Strong buy” recommendation on May 09, 2013. UBS maintained its rating on July 17, 2008. It rated OPTT as “a Buy”.
Price Performance Review of OPTT
On Tuesday, Ocean Power Technologies [AMEX:OPTT] saw its stock fall -14.00% to $0.57. Over the last five days, the stock has gained 13.70%. Ocean Power Technologies shares have risen nearly 282.57% since the year began. Nevertheless, the stocks have fallen -43.85% over the past one year. While a 52-week high of $1.75 was reached on 01/06/25, a 52-week low of $0.14 was recorded on 04/04/25.
Levels Of Support And Resistance For OPTT Stock
The 24-hour chart illustrates a support level at 0.5352, which if violated will result in even more drops to 0.4976. On the upside, there is a resistance level at 0.6176. A further resistance level may holdings at 0.6624.
How much short interest is there in Ocean Power Technologies?
A steep rise in short interest was recorded in Ocean Power Technologies stocks on 2025-09-15, dropping by -0.41 million shares to a total of 12.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-15 was 12.81 million shares. There was a decline of -3.32%, which implies that there is a negative sentiment for the stock.
