Orion Energy Systems (NASDAQ:OESX) Stock: Insider J Per Brodin Acquires 2,000 Shares

Orion Energy Systems, Inc. (NASDAQ:OESX) EVP J. Per Brodin purchased 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The stock was acquired at an average cost of $12.76 per share, for a total transaction of $25,520.00. Following the transaction, the executive vice president owned 87,263 shares in the company, valued at $1,113,475.88. This represents a 2.35% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Orion Energy Systems Stock Down 8.5%

OESX traded down $1.13 during midday trading on Tuesday, reaching $12.11. 106,838 shares of the company were exchanged, compared to its average volume of 59,540. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.13 and a current ratio of 1.54. The company’s fifty day moving average price is $24.49 and its 200 day moving average price is $15.03. The company has a market cap of $49.53 million, a price-to-earnings ratio of -151.36 and a beta of 0.93. Orion Energy Systems, Inc. has a one year low of $8.58 and a one year high of $31.65.

More Orion Energy Systems News

Here are the key news stories impacting Orion Energy Systems this week:

• Positive Sentiment: HC Wainwright raised its FY2027 EPS estimate to $0.66 from $0.43 and lifted forecasts for Q3 and Q4 FY2027. The firm maintained its Buy rating and $30 price target. Analyst coverage
• Positive Sentiment: Fiscal 2027 revenue guidance increased to $100 million–$102 million, and a nationwide retailer committed $10 million–$15 million to lighting retrofits—potentially supporting future revenue. Orion Energy: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: EVP J. Per Brodin purchased 2,000 shares for about $25,520, increasing his holdings by 2.35%. Insider buying can signal confidence in the company. SEC insider transaction filing
• Neutral Sentiment: A report stated short interest was zero shares, so it does not indicate meaningful short positioning; the reported “increase” appears inconsistent with that figure.
• Negative Sentiment: HC Wainwright made small downward revisions to its FY2029–FY2031 EPS forecasts, although it retained its Buy rating and $30 target. OESX also remains substantially below its reported 50-day moving average, reflecting recent price weakness.

Hedge Funds Weigh In On Orion Energy Systems

Large investors have recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in Orion Energy Systems by 60.1% in the 1st quarter. NewEdge Advisors LLC now owns 24,140 shares of the electronics maker’s stock worth $211,000 after buying an additional 9,058 shares during the last quarter. Sei Investments Co. grew its position in Orion Energy Systems by 114.3% during the first quarter. Sei Investments Co. now owns 130,101 shares of the electronics maker’s stock valued at $1,137,000 after acquiring an additional 69,387 shares during the last quarter. Renaissance Technologies LLC grew its position in Orion Energy Systems by 32.4% during the first quarter. Renaissance Technologies LLC now owns 178,469 shares of the electronics maker’s stock valued at $1,560,000 after acquiring an additional 43,693 shares during the last quarter. Tieton Capital Management LLC purchased a new position in shares of Orion Energy Systems during the second quarter worth approximately $3,326,000. Finally, AIGH Capital Management LLC purchased a new position in shares of Orion Energy Systems during the third quarter worth approximately $12,414,000. 52.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

OESX has been the subject of several analyst reports. HC Wainwright reiterated a “buy” rating and issued a $30.00 target price on shares of Orion Energy Systems in a report on Thursday, August 6th. Zacks Research cut Orion Energy Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Weiss Ratings cut Orion Energy Systems from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Monday. Wall Street Zen downgraded shares of Orion Energy Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Craig Hallum restated a “buy” rating and set a $43.00 price target on shares of Orion Energy Systems in a research report on Tuesday, September 15th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Orion Energy Systems currently has an average rating of “Hold” and a consensus price target of $36.50.

About Orion Energy Systems

Orion Energy Systems, Inc. (NASDAQ: OESX) is an energy-efficiency technology company that designs, manufactures and delivers lighting and energy-management solutions for commercial and industrial facilities. Its offerings are intended to help organizations improve illumination, reduce energy consumption and modernize building operations. The company’s products and services include LED lighting fixtures and retrofit systems, intelligent lighting controls, and related energy-management technologies.