LPTHNasdaqSemiconductors & Related DevicesFiscal year ends June 30
LIGHTPATH TECHNOLOGIES INC
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Sep 11, 2026
$7.50−0.16 (-2.09%)
Close on Oct 19, 2026
- Market cap
- $485.84M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
71.6%
50M of 70M shares
Institutional holders
164
57 new, 25 sold out
Net institutional buying
16M
In Q2 2026
Insider trades, 12 months
1 buys · 18 sales
Net sold $90.06M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Ellis Thomas B | 6,717,376 | 9.60% | 13D (active) amendment | Jun 3, 2026 |
| BlackRock, Inc. | 4,294,997 | 6.50% | 13G (passive) | Jun 30, 2026 |
| Orin Hirschman | 3,723,932 | 9.40% | 13G (passive) amendment | Dec 31, 2024 |
| Hood River Capital Management LLC | 3,562,140 | 5.37% | 13G (passive) | Jun 30, 2026 |
| Leviticus Partners LP | 2,419,498 | 6.00% | 13G (passive) amendment | Feb 13, 2025 |
| North Run Strategic Opportunities Fund I GP, LLC | 10,994,225 | 16.20% | 13D (active) amendment | Mar 3, 2026 |
| North Run Strategic Opportunities Fund I, LP | 10,319,347 | 14.70% | 13D (active) amendment | May 13, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LPTH | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,469,744 | 6.38% | $73.08M | +3,331,952 | 0.00% |
| Hood River Capital Management LLC | 3,562,140 | 5.09% | $58.24M | +1,126,377 | 0.42% |
| Vanguard Capital Management LLC | 2,717,954 | 3.88% | $44.44M | +133,694 | 0.00% |
| AWM Investment Company, Inc. | 2,537,522 | 3.62% | $41.49M | +499,912 | 3.60% |
| Driehaus Capital Management LLC | 2,171,013 | 3.10% | $35.50M | +6,305 | 0.21% |
| Tema Etfs LLC | 1,986,945 | 2.84% | $32.49M | +1,985,409 | 1.05% |
| Toroso Investments, LLC | 1,952,629 | 2.79% | $31.93M | +1,933,881 | 0.06% |
| Geode Capital Management, LLC | 1,446,816 | 2.07% | $23.66M | +841,388 | 0.00% |
| Bank Of America Corp /De/ | 1,199,328 | 1.71% | $19.61M | +643,291 | 0.00% |
| Goldman Sachs Group Inc | 1,082,014 | 1.54% | $17.69M | −1,394,885 | 0.00% |
| Citadel Advisors LLC | 1,055,755 | 1.51% | $17.26M | +272,307 | 0.00% |
| State Street Corp | 1,044,222 | 1.49% | $17.07M | +788,701 | 0.00% |
| Telemark Asset Management, LLC | 1,025,000 | 1.46% | $16.76M | +640,000 | 1.21% |
| Needham Investment Management LLC | 1,010,000 | 1.44% | $16.51M | +482,500 | 0.50% |
| Royce & Associates LP | 969,621 | 1.38% | $15.85M | −20,000 | 0.13% |
| Emerald Advisers, LLC | 937,258 | 1.34% | $15.32M | New | 0.36% |
| T. Rowe Price Investment Management, Inc. | 896,827 | 1.28% | $14.66K | New | 0.01% |
| Jane Street Group, LLC | 863,505 | 1.23% | $14.12M | +58,689 | 0.00% |
| Relyea Zuckerberg Hanson LLC | 765,605 | 1.09% | $12.52M | – | 1.04% |
| Two Sigma Investments, LP | 678,151 | 0.97% | $11.09M | +561,088 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 164 | 50M | 71.6% | 57 / 58 | 35 / 25 | 23M | 7M |
| Q1 2026 | 134 | 34M | 48.2% | 46 / 43 | 29 / 19 | 13M | 5M |
| Q4 2025 | 109 | 28M | 40.0% | 41 / 34 | 24 / 17 | 13M | 2M |
| Q3 2025 | 86 | 18M | 26.2% | 45 / 16 | 16 / 1 | 8M | 6M |
| Q2 2025 | 42 | 16M | 23.2% | 9 / 8 | 11 / 7 | 1M | 1M |
| Q1 2025 | 40 | 16M | 22.4% | 5 / 18 | 10 / 6 | 1M | 2M |
| Q4 2024 | 41 | 16M | 23.4% | 13 / 7 | 9 / 4 | 1M | 1M |
| Q3 2024 | 32 | 16M | 22.9% | 2 / 6 | 8 / 5 | 0M | 1M |
| Q2 2024 | 36 | 16M | 23.4% | 2 / 11 | 11 / 2 | 1M | 0M |
| Q1 2024 | 36 | 16M | 23.1% | 1 / 9 | 8 / 8 | 0M | 2M |
| Q4 2023 | 43 | 17M | 24.8% | 3 / 15 | 8 / 2 | 1M | 0M |
| Q3 2023 | 42 | 17M | 24.4% | 9 / 11 | 11 / 3 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LPTH | Value | % of fund | As of |
|---|---|---|---|---|---|
| Tema Space Innovators ETF | 2,490,240 | 3.56% | $42.28M | 1.62% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 2,009,127 | 2.87% | $32.85M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,433,785 | 2.05% | $23.44M | 0.03% | Jun 30, 2026 |
| Hood River Small-Cap Growth Fund | 984,371 | 1.41% | $16.09M | 0.24% | Jun 30, 2026 |
| Needham Aggressive Growth Fund | 959,000 | 1.37% | $15.68M | 0.60% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 649,045 | 0.93% | $10.61M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 606,541 | 0.87% | $6.29M | 0.02% | Jul 31, 2026 |
| Hood River New Opportunities Fund | 599,154 | 0.86% | $9.80M | 0.77% | Jun 30, 2026 |
| Calamos Timpani Small Cap Growth Fund | 554,159 | 0.79% | $5.75M | 0.75% | Jul 31, 2026 |
| Wasatch Micro Cap Fund | 515,175 | 0.74% | $8.42M | 1.25% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 497,034 | 0.71% | $8.13M | 0.05% | Jun 30, 2026 |
| Emerald Growth Fund | 459,569 | 0.66% | $4.77M | 0.32% | Jul 31, 2026 |
| T. Rowe Price New Horizons Fund, Inc. | 364,300 | 0.52% | $5.96M | 0.04% | Jun 30, 2026 |
| Driehaus Micro Cap Growth Fund | 342,066 | 0.49% | $5.59M | 0.94% | Jun 30, 2026 |
| SmallCap Growth Fund I | 300,329 | 0.43% | $3.11M | 0.13% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Albert Miranda | CFO | 78,835 | 0.11% | Sep 25, 2026 |
| Shmuel Rubin | President & CEO | 260,844 | 0.37% | Sep 25, 2026 |
| North Run Strategic Opportunities Fund I, LP | Director, 10% owner | – | – | Jun 4, 2026 |
| Thomas B. Ellis | Director | 2,900,073 | 4.14% | Jun 4, 2026 |
| North Run - Due North Partners, LP | Director, 10% owner | – | – | Jan 7, 2026 |
| Kimberly Anne Crider | Director | 69,151 | 0.10% | Nov 21, 2025 |
| Steven E. Creviston | Director | 171,412 | 0.24% | Nov 21, 2025 |
| M. Scott Faris | Director | 3,940 | 0.01% | Nov 21, 2025 |
| Mark A. Caylor | Director | – | – | Nov 21, 2025 |
| Joseph Menaker | Director | – | – | Nov 21, 2025 |
| Darcie Peck | Director | 182,155 | 0.26% | Nov 21, 2025 |
| North Run Strategic Opportunities Fund I GP, LLC | – | 2,990,112 | 4.27% | Jun 4, 2026 |
| Todd B. Hammer | – | 2,934,828 | 4.19% | Jun 4, 2026 |
| North Run Advisors, Llc | – | – | – | Jan 7, 2026 |
| North Run Gp, Lp | – | 2,728,968 | 3.90% | Jan 7, 2026 |
| Michael Bosco | – | – | – | Jan 7, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Todd B. Hammer – | Jun 3, 2026 | Sale | −3,571,400 | $14.00 | $50.00M | 2,934,828 |
| Todd B. Hammer – | Jun 2, 2026 | Conversion | +3,571,400 | $2.15 | $7.68M | 6,506,228 |
| Todd B. Hammer – | May 18, 2026 | Sale | −55,284 | $12.32 | $681.10K | 2,934,828 |
| North Run Strategic Opportunities Fund I GP, LLC – | May 14, 2026 | Sale | −165,000 | $12.16 | $2.01M | 2,990,112 |
| North Run Strategic Opportunities Fund I GP, LLC – | May 13, 2026 | Sale | −45,000 | $12.29 | $553.05K | 3,155,112 |
| North Run Strategic Opportunities Fund I GP, LLC – | May 12, 2026 | Sale | −83,052 | $12.25 | $1.02M | 3,200,112 |
| Shmuel Rubin President & CEO | Mar 27, 2026 | Buy | +180 | $9.70 | $1.75K | 260,844 |
| North Run Strategic Opportunities Fund I GP, LLC – | Mar 25, 2026 | Sale | −302,352 | $12.31 | $3.72M | 3,283,164 |
| North Run Strategic Opportunities Fund I GP, LLC – | Mar 25, 2026 | Conversion | +740,000 | $2.15 | $1.59M | 3,585,516 |
| North Run Strategic Opportunities Fund I GP, LLC – | Mar 24, 2026 | Sale | −54,557 | $12.06 | $657.96K | 2,845,516 |
| Thomas B. Ellis Director | Mar 18, 2026 | Sale | −16,000 | $12.00 | $192.00K | 2,900,073 |
| Thomas B. Ellis Director | Mar 17, 2026 | Sale | −104,454 | $12.01 | $1.25M | 2,916,073 |
| Thomas B. Ellis Director | Mar 4, 2026 | Sale | −55,000 | $12.09 | $664.95K | 3,020,527 |
| Thomas B. Ellis Director | Mar 3, 2026 | Sale | −381,004 | $12.18 | $4.64M | 3,075,527 |
| Thomas B. Ellis Director | Mar 2, 2026 | Conversion | +740,000 | $2.15 | $1.59M | 3,695,522 |
| Thomas B. Ellis Director | Mar 2, 2026 | Sale | −238,991 | $12.03 | $2.88M | 3,456,531 |
| Thomas B. Ellis Director | Feb 25, 2026 | Sale | −300,092 | $12.18 | $3.66M | 2,955,522 |
| Thomas B. Ellis Director | Feb 24, 2026 | Sale | −131,281 | $12.02 | $1.58M | 3,255,514 |
| Thomas B. Ellis Director | Feb 23, 2026 | Sale | −6,500 | $12.01 | $78.07K | 3,386,895 |
| Thomas B. Ellis Director | Feb 20, 2026 | Sale | −376,762 | $12.15 | $4.58M | 3,393,395 |
| Thomas B. Ellis Director | Feb 20, 2026 | Conversion | +1,260,000 | $2.15 | $2.71M | 3,988,968 |
| Thomas B. Ellis Director | Feb 20, 2026 | Sale | −218,811 | $13.18 | $2.88M | 3,770,157 |
| Shmuel Rubin President & CEO | Feb 2, 2026 | Option exercise | +29,011 | – | – | 260,664 |
| Albert Miranda CFO | Feb 2, 2026 | Option exercise | +12,103 | – | – | 78,835 |
| North Run Gp, Lp – | Jan 5, 2026 | Sale | −770,321 | $11.72 | $9.03M | 2,728,968 |
| North Run Gp, Lp – | Jan 5, 2026 | Option exercise | +3,499,289 | $2.58 | $9.03M | 3,499,289 |
| Shmuel Rubin Chief Executive Officer, Director | Dec 19, 2025 | Gift | −13,020 | – | – | 231,653 |
| Kimberly Anne Crider Director | Nov 20, 2025 | Option exercise | +19,355 | – | – | 69,151 |
| Shmuel Rubin Chief Executive Officer, Director | Nov 20, 2025 | Option exercise | +9,529 | – | – | 254,202 |
| Albert Miranda Chief Financial Officer | Nov 20, 2025 | Option exercise | +4,137 | – | – | 66,732 |
| Steven E. Creviston Director | Nov 20, 2025 | Option exercise | +19,355 | – | – | 171,412 |
| Thomas B. Ellis Director, 10% owner | Nov 20, 2025 | Option exercise | +6,968 | – | – | 6,968 |
| Shmuel Rubin Chief Executive Officer, Director | Nov 17, 2025 | Option exercise | +16,951 | – | – | 244,673 |
| Albert Miranda Chief Financial Officer | Nov 17, 2025 | Option exercise | +7,359 | – | – | 62,595 |
| Shmuel Rubin Chief Executive Officer, Director | Feb 25, 2025 | Buy | +1,000 | $2.45 | $2.45K | 227,722 |
| Kimberly Anne Crider Director | Feb 20, 2025 | Buy | +1,000 | $2.51 | $2.51K | 44,796 |
| Shmuel Rubin Chief Executive Officer, Director | Feb 19, 2025 | Buy | +1,000 | $2.56 | $2.56K | 226,722 |
| Kimberly Anne Crider Director | Jan 31, 2025 | Option exercise | +43,796 | – | – | 43,796 |
| Steven E. Creviston Director | Jan 31, 2025 | Option exercise | +43,796 | – | – | 152,057 |
| Albert Miranda Chief Financial Officer | Jan 31, 2025 | Option exercise | +12,026 | – | – | 55,236 |
| Shmuel Rubin Chief Executive Officer, Director | Jan 31, 2025 | Option exercise | +27,697 | – | – | 225,722 |
| Shmuel Rubin Chief Executive Officer, Director | Nov 18, 2024 | Option exercise | +16,951 | – | – | 198,025 |
| Albert Miranda Chief Financial Officer | Nov 18, 2024 | Option exercise | +7,360 | – | – | 43,210 |
| Shmuel Rubin Chief Executive Officer, Director | Nov 11, 2024 | Option exercise | +10,696 | – | – | 181,074 |
| Albert Miranda Chief Financial Officer | Nov 11, 2024 | Option exercise | +4,645 | – | – | 35,850 |
| Louis Leeburg – | Apr 30, 2024 | Option exercise | +502,109 | – | – | 617,300 |
| Shmuel Rubin Chief Executive Officer, Director | Feb 26, 2024 | Option exercise | +35,761 | – | – | 170,378 |
| Albert Miranda Chief Financial Officer | Jan 31, 2024 | Option exercise | +11,162 | – | – | 31,205 |
| Shmuel Rubin Chief Executive Officer, Director | Jan 31, 2024 | Option exercise | +25,709 | – | – | 134,617 |
| Steven E. Creviston Director | Jan 31, 2024 | Option exercise | +56,544 | – | – | 108,261 |
| Darcie Peck Director | Jan 31, 2024 | Option exercise | +58,255 | – | – | 159,655 |
| Albert Miranda Chief Financial Officer | Oct 2, 2023 | Option exercise | +1,490 | – | – | 20,043 |
| Shmuel Rubin Chief Executive Officer, Director | Oct 2, 2023 | Option exercise | +2,291 | – | – | 108,908 |
| Shmuel Rubin Chief Executive Officer, Director | Apr 1, 2023 | Option exercise | +2,319 | – | – | 136,315 |
| Albert Miranda Chief Financial Officer | Apr 1, 2023 | Option exercise | +1,370 | – | – | 22,699 |
| Shmuel Rubin Chief Executive Officer, Director | Mar 10, 2023 | Option exercise | +39,624 | – | – | 98,006 |
| Shmuel Rubin Chief Executive Officer, Director | Jan 2, 2023 | Option exercise | +2,132 | – | – | 136,315 |
| Albert Miranda Chief Financial Officer | Jan 2, 2023 | Option exercise | +1,370 | – | – | 22,699 |
| Shmuel Rubin Chief Executive Officer, Director | Dec 2, 2022 | Award | +10,696 | – | – | 58,382 |
| Albert Miranda Chief Financial Officer | Dec 2, 2022 | Award | +4,643 | – | – | 14,443 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| North Run Strategic Opportunities Fund I, LP Shareholder and Director | Mar 4, 2026 | 2,000,000 | $22.48M | Feb 20, 2026 | Conversion of Series G Convertible Preferred Stock originally acquired in private placement on 2/18/2025 |
| North Run Strategic Opportunities Fund I, LP Shareholder and Director | Mar 4, 2026 | 2,000,000 | $23.96M | Mar 4, 2026 | Conversion of Series G Convertible Preferred Stock originally acquired in private placement on 2/18/2025 |
| North Run Strategic Opportunities Fund I, LP Shareholder and Director | Feb 20, 2026 | 2,000,000 | $22.48M | Feb 20, 2026 | Conversion of Series G Convertible Preferred Stock originally acquired in private placement |