November 21, 2016 - By Dolores Ford · 0 Comments
Luna Innovations Inc (NASDAQ:LUNA) institutional sentiment decreased to 1.09 in Q2 2016. Its down -0.41, from 1.5 in 2016Q1. The ratio has dropped, as 12 investment professionals opened new and increased equity positions, while 8 cut down and sold positions in Luna Innovations Inc. The investment professionals in our partner’s database now hold: 1.96 million shares, up from 1.72 million shares in 2016Q1. Also, the number of investment professionals holding Luna Innovations Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 3 Increased: 6 New Position: 6.
Luna Innovations Incorporated develops, makes and markets fiber optic sensing and test, and measurement products. The company has a market cap of $44.86 million. The Firm is focused on bringing technology solutions to measure and monitor processes in the aerospace, automotive, energy, composite, telecommunications and defense industries. It currently has negative earnings. The Firm operates in two business divisions: Products and Licensing, and Technology Development.
Luna Innovations Incorporated (NASDAQ:LUNA) has risen 43.40% since April 19, 2016 and is uptrending. It has outperformed by 39.54% the S&P500.
According to Zacks Investment Research, “LUNA INNOVATIONS INCORPORATED develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. Luna develops technologies in four primary areas: Sensors & Systems; Health Sciences; Materials & Secure Computing. Luna’s product offerings generally fit into two categories: Instrumentation, Test & Measurement & Healthcare. The products are used to measure, monitor, protect and improve critical processes in the markets we serve. Through its disciplined commercialization business model, Luna has become a recognized leader in transitioning science to solutions. Luna is headquartered in Roanoke, Virginia.”
Thompson Davis & Co. Inc. holds 0.5% of its portfolio in Luna Innovations Incorporated for 253,563 shares. First Wilshire Securities Management Inc owns 411,421 shares or 0.16% of their US portfolio. Moreover, Grt Capital Partners L.L.C. has 0.03% invested in the company for 83,200 shares. The Connecticut-based Yakira Capital Management Inc. has invested 0.02% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 86 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 4 insider purchases, and 0 insider sales for $173,077 net activity.
Luna Innovations Incorporated, incorporated on April 4, 2003, develops, makes and markets fiber optic sensing and test, and measurement products. The Firm is focused on bringing technology solutions to measure and monitor processes in the aerospace, automotive, energy, composite, telecommunications and defense industries. The Firm operates in two business divisions: Products and Licensing, and Technology Development. The Products and Licensing segment develops, makes and markets its suite of products, including high-speed optical receiver (HSOR), custom optoelectronic subsystems (Optoelectronics), and Terahertz (THz) products, and fiber optic sensing, as well as test and measurement products. The Technology Development segment performs applied research principally in the areas of sensing and instrumentation, advanced materials and health sciences.
More recent Luna Innovations Incorporated (NASDAQ:LUNA) news were published by: Businesswire.com which released: “Luna Innovations Incorporated Reports Third Quarter 2016 Financial Results” on November 09, 2016. Also Seekingalpha.com published the news titled: “Luna Innovations’ (LUNA) CEO My Chung on Q3 2016 Results – Earnings Call …” on November 10, 2016. Seekingalpha.com‘s news article titled: “Luna Innovations’ (LUNA) CEO My Chung on Q2 2016 Results – Earnings Call …” with publication date: August 10, 2016 was also an interesting one.
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By Dolores Ford