Walkner Condon Financial Advisors LLC Raises Stake in Lightwave Logic, Inc. (NASDAQ:LWLG)

Walkner Condon Financial Advisors LLC boosted its position in Lightwave Logic, Inc. (NASDAQ:LWLG) by 25.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,945 shares of the company’s stock after buying an additional 7,592 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in Lightwave Logic were worth $80,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Creative Planning purchased a new stake in Lightwave Logic in the third quarter valued at approximately $60,000. Intech Investment Management LLC purchased a new stake in Lightwave Logic in the third quarter valued at approximately $61,000. SG Americas Securities LLC purchased a new stake in Lightwave Logic in the third quarter valued at approximately $117,000. Capital Investment Advisors LLC purchased a new stake in Lightwave Logic in the fourth quarter valued at approximately $129,000. Finally, Virtu Financial LLC acquired a new position in Lightwave Logic in the third quarter valued at approximately $175,000. Hedge funds and other institutional investors own 27.04% of the company’s stock.

Lightwave Logic Trading Up 5.6 %

Shares of NASDAQ:LWLG opened at $1.50 on Friday. Lightwave Logic, Inc. has a 12-month low of $1.40 and a 12-month high of $4.90. The company has a market capitalization of $183.56 million, a PE ratio of -8.33 and a beta of 2.00. The business has a 50 day moving average of $1.98 and a two-hundred day moving average of $2.62.

Lightwave Logic (NASDAQ:LWLG) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.04) earnings per share (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 company 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.