North Run Strategic Opportunities Fund I, LP, a 10% owner of LightPath Technologies Inc. (NASDAQ:LPTH), along with director Thomas B. Ellis and member Todd B. Hammer, sold 293,052 shares of Class A Common Stock. The transactions totaled approximately $3,576,837.
The sales occurred from May 12 to May 14, 2026, at prices ranging from $12.16 to $12.29 per share.
LPTH shares have surged 384% over the past year, currently trading at $12.15. Bond.az analysis suggests the stock may be overvalued.
On May 12, 83,052 shares were sold at a weighted average price of $12.25. On May 13, 45,000 shares were sold at $12.29. On May 14, 165,000 shares were sold at $12.16.
Following these transactions, the fund holds 2,990,112 shares.
LightPath Technologies reported Q3 FY2026 revenue of $19.1 million, beating forecasts, but EPS of -$0.07 missed expectations.
