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A peek at OptimizeRx Corp (OPRX): Who has invested in It?

OptimizeRx Corp (NASDAQ: OPRX) is -62.75% lower on its value in year-to-date trading and has touched a low of $3.78 and a high of $16.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OPRX stock was last observed hovering at around $4.99 in the last trading session, with the day’s gains setting it 0.34%.

Currently trading at $5.33, the stock is 4.18% and -13.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 6.81% at the moment leaves the stock -45.32% off its SMA200. OPRX registered -42.93% loss for a year compared to 6-month loss of -55.95%. The firm has a 50-day simple moving average (SMA 50) of $6.1786 and a 200-day simple moving average (SMA200) of $9.7942.

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The stock witnessed a -3.44% gain in the last 1 month and extending the period to 3 months gives it a -36.09%, and is 20.59% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.13% over the week and 10.25% over the month.

OptimizeRx Corp (OPRX) has around 136 employees, a market worth around $98.18M and $88.18M in sales. Fwd P/E is 15.18. Profit margin for the company is -27.41%. Distance from 52-week low is 41.01% and -67.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.33%).

The EPS is expected to grow by 9.61% this year

130.0 institutions hold shares in OptimizeRx Corp (OPRX), with institutional investors hold 80.65% of the company’s shares. The shares outstanding are 18.16M, and float is at 15.96M with Short Float at 6.62%. Institutions hold 70.02% of the Float.

The top institutional shareholder in the company is FIRST LIGHT ASSET MANAGEMENT, LLC with over 1.83 million shares valued at $18.27 million. The investor’s holdings represent 10.0548 of the OPRX Shares outstanding. As of 2024-06-30, the second largest holder is DIVISADERO STREET CAPITAL MANAGEMENT, LP with 1.32 million shares valued at $13.16 million to account for 7.2422 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.18 million shares representing 6.4689 and valued at over $11.75 million, while AWM INVESTMENT COMPANY, INC. holds 5.5166 of the shares totaling 1.0 million with a market value of $10.02 million.

OptimizeRx Corp (OPRX) Insider Activity

The most recent transaction is an insider sale by Odence-Ford Marion, the company’s General Counsel and CCO. SEC filings show that Odence-Ford Marion sold 4,000 shares of the company’s common stock on Jan 09 ’24 at a price of $15.19 per share for a total of $60751.0. Following the sale, the insider now owns 11114.0 shares.

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