Ocean Power Technologies (OPTT) revised preliminary fiscal 2026 results after additional audit procedures and consultation with its independent accounting firm’s National Office. Revenue for the year ended April 30, 2026 was $3.737 million, while net loss was $48.915 million.
The company said the accounting revisions did not affect cash, cash flows, customer contract terms, or contractual rights and obligations.
- Fiscal 2026 revenue was revised from approximately $4.1 million to $3.7 million.
- Net loss increased from approximately $43.7 million to $48.9 million.
- Gross loss was revised to $5.921 million from the previously reported $8.1 million.
- Operating loss totaled $38.363 million for fiscal 2026.
- Basic and diluted net loss per share was $0.25, based on 194.3 million weighted-average shares.
$OPTT Hedge Fund Activity
We have seen 36 institutional investors add shares of $OPTT stock to their portfolio, and 27 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POLAR ASSET MANAGEMENT PARTNERS INC. added 3,043,227 shares (+inf%) to their portfolio in Q2 2026, for an estimated $797,325
- UBS GROUP AG added 2,887,946 shares (+72.5%) to their portfolio in Q2 2026, for an estimated $756,641
- HAMILTON CAPITAL PARTNERS, LLC added 500,195 shares (+inf%) to their portfolio in Q2 2026, for an estimated $131,051
- HIGHTOWER ADVISORS, LLC added 350,100 shares (+inf%) to their portfolio in Q2 2026, for an estimated $91,726
- PEAK6 LLC removed 256,619 shares (-80.2%) from their portfolio in Q2 2026, for an estimated $67,234
- D'ORAZIO & ASSOCIATES, INC. removed 207,174 shares (-51.2%) from their portfolio in Q2 2026, for an estimated $54,279
- ROYAL BANK OF CANADA removed 187,500 shares (-26.6%) from their portfolio in Q2 2026, for an estimated $49,125
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
