Bradley Foster & Sargent Inc. CT Has $466,000 Holdings in Luna Innovations Incorporated (NASDAQ:LUNA)

Bradley Foster & Sargent Inc. CT increased its holdings in Luna Innovations Incorporated (NASDAQ:LUNA) by 61.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 145,740 shares of the scientific and technical instruments company’s stock after purchasing an additional 55,740 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Luna Innovations were worth $466,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LUNA. Wasatch Advisors LP grew its position in shares of Luna Innovations by 75.0% in the 4th quarter. Wasatch Advisors LP now owns 1,260,077 shares of the scientific and technical instruments company’s stock valued at $8,380,000 after buying an additional 539,933 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Luna Innovations by 0.9% in the first quarter. Vanguard Group Inc. now owns 1,846,673 shares of the scientific and technical instruments company’s stock valued at $5,919,000 after acquiring an additional 16,773 shares during the last quarter. BNP Paribas Financial Markets increased its position in Luna Innovations by 672.6% during the 1st quarter. BNP Paribas Financial Markets now owns 69,549 shares of the scientific and technical instruments company’s stock valued at $223,000 after purchasing an additional 60,547 shares during the period. Avenir Corp raised its holdings in Luna Innovations by 35.3% during the 4th quarter. Avenir Corp now owns 221,180 shares of the scientific and technical instruments company’s stock worth $1,471,000 after purchasing an additional 57,700 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Luna Innovations by 4.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 244,681 shares of the scientific and technical instruments company’s stock worth $1,627,000 after purchasing an additional 10,300 shares during the period. 87.46% of the stock is currently owned by institutional investors and hedge funds.

Luna Innovations Trading Up 3.4 %

LUNA stock opened at $2.27 on Friday. The firm has a market cap of $76.92 million, a PE ratio of -28.31 and a beta of 1.58. The stock has a 50-day moving average price of $2.54 and a 200-day moving average price of $3.06. Luna Innovations Incorporated has a 1-year low of $1.91 and a 1-year high of $7.92.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Luna Innovations in a research report on Friday, September 13th. They set a “sell” rating for the company.

Luna Innovations Company Profile

Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers.