924,941 Shares in Revolution Lighting Technologies, Inc. (RVLT) Acquired by AWM Investment Company Inc.

AWM Investment Company Inc. acquired a new stake in shares of Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 924,941 shares of the electronics maker’s stock, valued at approximately $6,095,000. AWM Investment Company Inc. owned approximately 4.39% of Revolution Lighting Technologies at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Teachers Advisors LLC acquired a new position in Revolution Lighting Technologies during the second quarter valued at approximately $143,000. California State Teachers Retirement System acquired a new position in Revolution Lighting Technologies during the second quarter valued at approximately $144,000. Schwab Charles Investment Management Inc. acquired a new position in Revolution Lighting Technologies during the second quarter valued at approximately $182,000. Bank of New York Mellon Corp acquired a new position in Revolution Lighting Technologies during the second quarter valued at approximately $217,000. Finally, TIAA CREF Investment Management LLC acquired a new position in Revolution Lighting Technologies during the second quarter valued at approximately $218,000. Institutional investors and hedge funds own 31.92% of the company’s stock.

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) traded down 3.37% during mid-day trading on Friday, hitting $5.73. 27,609 shares of the company’s stock were exchanged. The stock’s market cap is $120.73 million. The stock’s 50 day moving average price is $6.84 and its 200-day moving average price is $7.36. Revolution Lighting Technologies, Inc. has a 12 month low of $5.21 and a 12 month high of $9.17.

Revolution Lighting Technologies (NASDAQ:RVLT) last posted its quarterly earnings data on Thursday, July 27th. The electronics maker reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). The company had revenue of $43.40 million for the quarter, compared to analysts’ expectations of $43.53 million. Revolution Lighting Technologies had a negative net margin of 1.42% and a positive return on equity of 0.08%. The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 EPS. Equities analysts expect that Revolution Lighting Technologies, Inc. will post ($0.12) EPS for the current fiscal year.

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Several research analysts have commented on RVLT shares. HC Wainwright set a $16.00 price objective on shares of Revolution Lighting Technologies and gave the company a “buy” rating in a research report on Friday, July 28th. ValuEngine downgraded shares of Revolution Lighting Technologies from a “hold” rating to a “sell” rating in a research report on Monday, September 18th. Finally, Roth Capital set a $13.00 price objective on shares of Revolution Lighting Technologies and gave the company a “buy” rating in a research report on Saturday, July 1st.

Revolution Lighting Technologies Profile

Revolution Lighting Technologies, Inc designs, manufactures, markets and sells commercial grade light-emitting diode (LED) and conventional lighting fixtures. The Company operates in Lighting Products and Solutions (principally LED fixtures and lamps) segment. The Company’s products are used for outdoor and indoor applications, LED-based signage, channel-letter and contour lighting products, LED replacement lamps and commercial grade smart grid control systems.

Institutional Ownership by Quarter for Revolution Lighting Technologies (NASDAQ:RVLT)

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