18 hedge funds sold their entire positions in Revolution Lighting Technologies, Inc. (RVLT)

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) went up to recover about 40% since recording its record low price of $2.95. The stock experienced -10.99% slump, arriving at $4.13 on 02/12/2018. During the day, the stock price traveled from $4.12 to $4.73. This company shares are 57.38% off its target price of $6.5 and the current market capitalization stands at $83.67M. The recent change has given its price a 12.11% lead over SMA 50 and -54.96% deficit over its 52-week high. The stock witnessed 20.06% gains, -4.62% declines and -38.45% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found RVLT’s volatility during a week at 11.36% and during a month it has been found around 10.5%.

Revolution Lighting Technologies, Inc. (RVLT) Top Holders

Institutional investors currently hold around $41 million or 43.2% in RVLT stock. Look at its top three institutional owners. American Financial Group Inc owns $7.58 million in Revolution Lighting Technologies, Inc., which represents roughly 9.06% of the company’s market cap and approximately 18.49% of the institutional ownership. Similar statistics are true for the second largest owner, Royce & Associates Lp, which owns 1,374,654 shares of the stock are valued at $6.38 million. The third largest holder is Northpointe Capital Llc, which currently holds $4.98 million worth of this stock and that ownership represents nearly 5.95% of its market capitalization.

Revolution Lighting Technologies, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 28 institutional holders increased their position in Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) by some 1,532,860 shares, 18 decreased positions by 1,508,452 and 14 held positions by 5,865,879. That puts total institutional holdings at 8,907,191 shares, according to SEC filings. The stock grabbed 5 new institutional investments totaling 154,311 shares while 4 institutional investors sold out their entire positions totaling 81,411 shares.

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) Insider Trades

Multiple company employees have indulged in significant insider trading. Revolution Lighting Technologies, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman and CEO, 10% Owner Lapenta Robert V has acquired 850,000 shares of Revolution Lighting Technologies, Inc. (RVLT) in trading session dated Jan. 29, 2018. These shares are worth $3,060,000 and were traded at $3.6 each. The SEC filing shows that Depalma James performed a purchase of 150,000 shares. The CFO, 10% Owner added these shares by way of transaction on Jan. 29, 2018. The company’s shares were assimilated at $3.6 per share worth to an investment of some $540,000 on account of Depalma James.

Chairman and CEO, 10% Owner, Lapenta Robert V, purchased 25,000 common shares of Revolution Lighting Technologies, Inc. (RVLT) in the open market. In a transaction dated Jan. 25, 2018, the shares were bought at an average price of $3.88, giving away a sum of $97,000. After this purchase, 8,675,386 common shares of RVLT are directly owned by the insider, with total stake valued at $35,829,344.

In the transaction dated Jan. 19, 2018, the great number of shares acquired came courtesy the Chairman and CEO, 10% Owner; Lapenta Robert V added a total of 25,000 shares at an average price of $3.05, amounting to approximately $76,250. The insider now directly owns 8,650,386 shares worth $35,726,094.

Revolution Lighting Technologies, Inc. (RVLT) Analyst Guide

Not many analysts have released their opinion on Revolution Lighting Technologies, Inc. (NASDAQ:RVLT), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.

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