Orion Energy Systems, Inc. (OESX) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its stake in Orion Energy Systems, Inc. (NASDAQ:OESX) by 4.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 455,065 shares of the electronics maker’s stock after selling 23,629 shares during the quarter. Dimensional Fund Advisors LP owned about 1.60% of Orion Energy Systems worth $582,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its holdings in Orion Energy Systems by 7.2% in the 1st quarter. Renaissance Technologies LLC now owns 807,500 shares of the electronics maker’s stock valued at $1,599,000 after acquiring an additional 54,000 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in Orion Energy Systems by 11.3% in the 2nd quarter. New York State Common Retirement Fund now owns 570,230 shares of the electronics maker’s stock valued at $730,000 after acquiring an additional 57,799 shares during the last quarter. Prudential Financial Inc. lifted its holdings in Orion Energy Systems by 11.1% in the 2nd quarter. Prudential Financial Inc. now owns 103,000 shares of the electronics maker’s stock valued at $132,000 after acquiring an additional 10,300 shares during the last quarter. Finally, IFC Holdings Incorporated FL acquired a new stake in Orion Energy Systems in the 2nd quarter valued at about $128,000. 44.30% of the stock is owned by institutional investors and hedge funds.

Shares of Orion Energy Systems, Inc. (NASDAQ:OESX) opened at $0.92 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.97 and a debt-to-equity ratio of 0.12. Orion Energy Systems, Inc. has a 52 week low of $0.80 and a 52 week high of $2.57.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research raised shares of Orion Energy Systems from a “hold” rating to a “buy” rating and set a $1.00 price target for the company in a report on Tuesday, November 7th. ValuEngine downgraded shares of Orion Energy Systems from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Finally, HC Wainwright reissued a “buy” rating on shares of Orion Energy Systems in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Orion Energy Systems has an average rating of “Hold” and a consensus price target of $1.67.

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About Orion Energy Systems

Orion Energy Systems, Inc is a designer and manufacturer of lighting platforms. The Company researches, develops, designs, manufactures, markets, sells and implements energy management systems consisting primarily of commercial and industrial interior and exterior lighting systems, and related services.

Institutional Ownership by Quarter for Orion Energy Systems (NASDAQ:OESX)

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