Sono-Tek Corporation (NASDAQ:SOTK) Stock Short Interest Report for September

Sono-Tek Corporation (NASDAQ:SOTK) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 37,185 shares, a decline of 42.6% from the September 15th total of 64,730 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 122,169 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

SOTK has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Sono-Tek to a “strong-buy” rating in a report on Sunday, July 12th. Weiss Ratings raised shares of Sono-Tek from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $8.50.

More Sono-Tek News

Here are the key news stories impacting Sono-Tek this week:

• Positive Sentiment: First-half revenue increased 6% to $10.9 million, while operating income rose 41% and gross margin expanded to 55%. Medical-market sales surged 289% in the first half, reaching $7.05 million, reflecting strong demand for higher-value production systems. Sono-Tek fiscal second-quarter and first-half results
• Positive Sentiment: Sono-Tek ended the quarter with $17.7 million in cash, cash equivalents and marketable securities and no debt. Its equipment and service backlog was $9.51 million, followed by approximately $7.19 million of additional orders expected to ship in fiscal 2028, improving longer-term revenue visibility. Sono-Tek Q2 revenue and backlog update
• Positive Sentiment: Management outlined a facility expansion designed to raise manufacturing capacity to approximately $33 million-$36 million, with a longer-term target of $44 million-$45 million. The plan could allow Sono-Tek to pursue larger orders if demand continues to build. Sono-Tek facility expansion plan
• Neutral Sentiment: The company maintained its fiscal 2027 outlook for flat to modest revenue growth, citing the timing of several large orders. This limits near-term upside expectations but preserves the potential for stronger fiscal 2028 performance.
• Negative Sentiment: Second-quarter EPS was $0.02 versus consensus estimates of roughly $0.04-$0.05, while revenue of $5.23 million fell short of the $5.54 million estimate. Net income declined year over year despite a 1% increase in sales, likely disappointing investors focused on near-term earnings execution. Sono-Tek misses Q2 earnings and revenue estimates

Sono-Tek Stock Down 1.2%

Shares of NASDAQ:SOTK traded down $0.07 on Thursday, hitting $6.12. The company had a trading volume of 84,398 shares, compared to its average volume of 49,506. Sono-Tek has a 1 year low of $3.40 and a 1 year high of $7.48. The firm’s 50-day simple moving average is $5.34 and its two-hundred day simple moving average is $5.09. The firm has a market capitalization of $96.28 million, a price-to-earnings ratio of 47.12 and a beta of 0.07.

Sono-Tek (NASDAQ:SOTK) last posted its quarterly earnings data on Wednesday, October 14th. The industrial products company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). Sono-Tek had a net margin of 9.62% and a return on equity of 10.55%. The firm had revenue of $5.23 million for the quarter, compared to the consensus estimate of $5.54 million. Equities research analysts anticipate that Sono-Tek will post 0.10 EPS for the current year.

Insider Activity

In related news, CFO Stephen Bagley sold 8,346 shares of Sono-Tek stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $5.13, for a total value of $42,814.98. Following the transaction, the chief financial officer directly owned 21,254 shares of the company’s stock, valued at $109,033.02. The trade was a 28.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 13,000 shares of company stock valued at $67,666 in the last quarter. 5.57% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. purchased a new position in Sono-Tek in the 2nd quarter worth approximately $73,000. BlackRock Inc. bought a new stake in Sono-Tek in the 2nd quarter worth about $179,000. Bard Associates Inc. bought a new stake in Sono-Tek in the 2nd quarter worth about $349,000. Finally, Renaissance Technologies LLC raised its position in Sono-Tek by 41.6% in the 1st quarter. Renaissance Technologies LLC now owns 89,100 shares of the industrial products company’s stock worth $362,000 after buying an additional 26,161 shares during the last quarter. 47.89% of the stock is owned by hedge funds and other institutional investors.

Sono-Tek Company Profile

Sono-Tek Corporation develops and manufactures ultrasonic coating and precision liquid-deposition systems. Its technology uses high-frequency sound waves to atomize liquids into a controlled spray, enabling uniform application of coatings, adhesives, lubricants, and other materials while minimizing overspray and material waste.

The company’s products include ultrasonic spray nozzles, integrated coating systems, and customized solutions designed for automated manufacturing processes. Sono-Tek also provides application development, process optimization, installation, training, and technical support to help customers integrate its equipment into production lines.

Sono-Tek’s systems are used across a range of industries, including medical devices, electronics, semiconductor and advanced technology manufacturing, alternative energy, glass, textiles, and other industrial applications.