OPTT

Ocean Power Technologies Inc

OPTT.US oceanpowertechnologies.com
0.11
-0.05 (-33.44%)
USD · AMEX
52-week range
0.10
0.72
Trading at 2% of the 52-week range
Market Cap
43.22M
P/E Ratio
0.00
Forward P/E
0.00
Book Value
0.06
Div. Yield
N/A
% Institutions
12.29%
% Insiders
3.27%

1 Year

-81.4%

3 Year

-73.5%

10 Year

-98.6%
Description

Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Company Information

Company Name
Ocean Power Technologies Inc
Sector
Industrials
Industry
Specialty Industrial Machinery
Exchange
AMEX
ISIN: US6748705067
CIK: 0001378140
CUSIP: 674870506
Currency: USD
Full Time Employees: 65
Phone: 609 730 0400
Fiscal Year End: April
IPO Date: Apr 25, 2007
Description:

Ocean Power Technologies, Inc., a maritime domain awareness company, provides maritime solutions in North America, South America, Europe, the Middle East, Africa, Australia, and Asia. The company offers maritime solutions, including Data as a Service (DaaS), Robotics as a Service (RaaS), and Power as a Service (PaaS). It also designs, manufactures, deploys, and operates PowerBuoy, a sensor and power solution; wave adaptive modular vessel (WAM-V), an autonomous unmanned surface vehicle; and Merrows, a user interface and command and control (C2) system for defense, security, subsea infrastructure, offshore oil and gas, offshore energy, marine research, and communication markets. It serves defense agencies, offshore energy operators, and other commercial interests through a combination of direct sales and leases, strategic partnerships, and long-term service agreements. The company was incorporated in 1984 and is headquartered in Monroe Township, New Jersey.

Address:

28 Engelhard Drive, Monroe Township, NJ, United States, 08831

People

Directors & Officers

Name Title Year Born
Dr. Philipp Stratmann CEO, President & Director 1979
Mr. Tracy D. Pagliara CPA, J.D. Senior VP, General Counsel & Secretary 1963
Mr. Jason Weed Senior Vice President of Commercial Sales NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Sep 17, 2025 Philipp Stratmann N/A Purchase 3.99K $0.49 $1.95K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Capital Management, LLC 8.58M Mar 31, 2026 3.18% $0.00 0.00%
UBS Group AG 3.98M Mar 31, 2026 1.47% $0.00 134.13%
BlackRock Inc 3.33M Mar 31, 2026 1.23% $0.00 18.13%
Geode Capital Management, LLC 2.16M Mar 31, 2026 0.80% $0.00 15.38%
Spinnaker Investment Group, LLC 1.04M Jun 30, 2026 0.39% $0.04 0.00%
Vanguard Fiduciary Trust Co 1.03M Mar 31, 2026 0.38% $0.00 0.00%
State Street Corp 810.28K Mar 31, 2026 0.30% $0.00 3.04%
Royal Bank of Canada 705.55K Mar 31, 2026 0.26% $0.00 0.00%
HAMILTON CAPITAL PARTNERS, LLC 500.20K Jun 30, 2026 0.19% $0.04 0.00%
Susquehanna International Group, LLP 361.42K Mar 31, 2026 0.13% $0.00 -30.29%
Northern Trust Corp 349.36K Mar 31, 2026 0.13% $0.00 0.00%
CAMBRIDGE Invest RESEARCH ADVISORS, INC. 297.00K Mar 31, 2026 0.11% $0.00 -35.74%
Essex Investment Management Company, LLC 204.86K Jun 30, 2026 0.08% $0.01 -0.16%
D'Orazio & Associates Inc 197.50K Jun 30, 2026 0.07% $0.01 -51.19%
Resources Investment Advisors Inc 159.53K Jun 30, 2026 0.06% $0.00 -12.47%
Moneta Group Investment Advisors Inc 157.56K Mar 31, 2026 0.06% $0.00 0.00%
SIMPLEX TRADING, LLC 152.32K Mar 31, 2026 0.06% $0.00 -15.86%
Group One Trading, LLC 140.63K Mar 31, 2026 0.05% $0.00 -61.93%
IMC-Chicago, LLC 103.24K Jun 30, 2026 0.04% $0.00 200.63%
Pinnacle Financial Partners Inc 100.50K Mar 31, 2026 0.04% $0.00 99.01%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 6.13M 2.27% ▲ 0.00% Jul 31, 2026
2 Vanguard Institutional Extnd Mkt Idx Tr 2.57M 0.95% ▲ 0.00% Jul 31, 2026
3 Fidelity Extended Market Index 1.18M 0.44% ▼ 0.19% Jul 31, 2026
4 Blackrock Extended Mkt Fund CF 872.70K 0.32% ▲ 0.00% May 31, 2026
5 BlackRock Extended Equity Market Fund K 741.72K 0.27% ▼ 0.18% Jun 30, 2026
6 Extended Equity Market Fund B 361.69K 0.13% ▲ 0.00% Dec 31, 2025
7 Extended Equity Market Fund E 361.69K 0.13% ▲ 0.00% Dec 31, 2025
8 Abante Quant Value FI 328.17K 0.12% ▲ 0.00% May 31, 2026
9 Fidelity Total Market Index 322.79K 0.12% ▲ 0.00% Jul 31, 2026
10 Northern Trust Extended Eq Market Idx 286.14K 0.11% ▲ 36.16% Jun 30, 2026

Financial Highlights

Market Cap: $43.22M
EBITDA: $-37.34M
PEG Ratio: $0.00
Book Value: $0.06
Earnings/Share: $-0.25
Profit Margin: 0.00%
Operating Margin: -744.44%
ROA (TTM): -67.81%
ROE (TTM): -250.03%
Revenue (TTM): $3.74M
Revenue/Share (TTM): $0.02
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 22.90%

Valuation Metrics

Enterprise Value: $46.65M
Trailing P/E: 0.00
Forward P/E: 0.00

Shares Statistics

Shares Outstanding: 270.14M
Shares Float: 263.95M
% Insiders: 3.27%
% Institutions: 12.29%
Short % Float: 10.97%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$4.08M
Cost of Goods Sold
adjust
$-12.21M
Gross Profit
subtotal
$-8.14M
Other Operating Expense
adjust
$-31.68M
Operating Income
subtotal
$-39.81M
Other / Non-Operating Items
adjust
$-3.87M
Net Income
subtotal
$-43.68M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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