StockNews.com started coverage on shares of Orion Energy Systems (NASDAQ:OESX – Free Report) in a research report sent to investors on Tuesday morning. The brokerage issued a hold rating on the electronics maker’s stock.
Separately, HC Wainwright reduced their price target on Orion Energy Systems from $7.00 to $3.00 and set a buy rating on the stock in a research report on Thursday, February 8th.
Check Out Our Latest Report on OESX
Orion Energy Systems Price Performance
Institutional Trading of Orion Energy Systems
A number of large investors have recently bought and sold shares of OESX. Grace & White Inc. NY lifted its stake in Orion Energy Systems by 154.0% in the fourth quarter. Grace & White Inc. NY now owns 2,630,829 shares of the electronics maker’s stock valued at $2,280,000 after acquiring an additional 1,594,972 shares during the last quarter. North Star Investment Management Corp. increased its holdings in shares of Orion Energy Systems by 33.2% during the fourth quarter. North Star Investment Management Corp. now owns 3,813,702 shares of the electronics maker’s stock worth $3,305,000 after buying an additional 951,240 shares in the last quarter. Finally, US Bancorp DE increased its holdings in shares of Orion Energy Systems by 111.5% during the fourth quarter. US Bancorp DE now owns 952,274 shares of the electronics maker’s stock worth $825,000 after buying an additional 502,023 shares in the last quarter. 52.59% of the stock is owned by institutional investors.
Orion Energy Systems Company Profile
Orion Energy Systems, Inc researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, exterior area lighting, and industrial applications in North America. The company operates through three segments: Orion Services Group, Orion Distribution Services, and Orion U.S.
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