Lightwave Logic, Inc. (NASDAQ:LWLG) Shares Acquired by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC lifted its holdings in shares of Lightwave Logic, Inc. (NASDAQ:LWLG) by 25.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,945 shares of the company’s stock after buying an additional 7,592 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in Lightwave Logic were worth $80,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Creative Planning acquired a new position in Lightwave Logic in the 3rd quarter valued at $60,000. Intech Investment Management LLC acquired a new position in Lightwave Logic in the 3rd quarter valued at $61,000. SG Americas Securities LLC acquired a new position in Lightwave Logic in the 3rd quarter valued at $117,000. Capital Investment Advisors LLC acquired a new position in Lightwave Logic in the 4th quarter valued at $129,000. Finally, Virtu Financial LLC acquired a new position in Lightwave Logic in the 3rd quarter valued at $175,000. 27.04% of the stock is owned by institutional investors and hedge funds.

Lightwave Logic Stock Performance

NASDAQ LWLG opened at $1.50 on Friday. The business has a fifty day moving average price of $1.98 and a 200 day moving average price of $2.62. Lightwave Logic, Inc. has a one year low of $1.40 and a one year high of $4.90. The company has a market cap of $183.56 million, a P/E ratio of -8.33 and a beta of 2.00.

Lightwave Logic (NASDAQ:LWLG) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.04) EPS for the quarter. Lightwave Logic had a negative net margin of 19,416.81% and a negative return on equity of 61.49%. The firm had revenue of $0.02 million during the quarter.

Lightwave Logic Company Profile

Lightwave Logic, Inc focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs.