--- title: "Insider Buying: Syntec Optics (NASDAQ:OPTX) Director Purchases $29,889.72 in Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/297065076.md" description: "Syntec Optics (NASDAQ:OPTX) Director Albert Manzone purchased 3,681 shares valued at $29,889.72 on August 19th at an average cost of $8.12 per share. This transaction increased his direct ownership by 12.27%, bringing his total holding to 33,681 shares worth $273,489.72. The purchase was disclosed in an SEC filing." datetime: "2026-08-26T15:07:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297065076.md) - [en](https://longbridge.com/en/news/297065076.md) - [zh-HK](https://longbridge.com/zh-HK/news/297065076.md) generator: "portal-rs" --- # Insider Buying: Syntec Optics (NASDAQ:OPTX) Director Purchases $29,889.72 in Stock Syntec Optics Holdings, Inc. (NASDAQ:OPTX - Get Free Report) Director Albert Manzone bought 3,681 shares of the stock in a transaction dated Wednesday, August 19th. The stock was purchased at an average price of $8.12 per share, with a total value of $29,889.72. Following the acquisition, the director owned 33,681 shares of the company's stock, valued at $273,489.72. The trade was a 12.27% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Get **Syntec Optics** alerts: ## Syntec Optics Stock Up 5.8% - Up 775% in 5 Months, How Much Higher Can Syntec Optics Go? OPTX stock traded up $0.46 during trading on Wednesday, reaching $8.30. The stock had a trading volume of 145,194 shares, compared to its average volume of 1,068,100. The company has a quick ratio of 4.45, a current ratio of 5.97 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $334.20 million, a price-to-earnings ratio of -139.10 and a beta of -0.80. Syntec Optics Holdings, Inc. has a one year low of $1.18 and a one year high of $14.92. The company's 50 day moving average is $8.88 and its two-hundred day moving average is $8.71. Syntec Optics (NASDAQ:OPTX - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.01 EPS for the quarter. The firm had revenue of $8.27 million for the quarter. Syntec Optics had a negative net margin of 8.26% and a negative return on equity of 16.50%. ## Analysts Set New Price Targets A number of research analysts have issued reports on the company. Wall Street Zen upgraded Syntec Optics from a "sell" rating to a "hold" rating in a research note on Saturday, August 15th. Weiss Ratings reissued a "sell (e+)" rating on shares of Syntec Optics in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Syntec Optics currently has an average rating of "Sell". **Get Our Latest Stock Report on OPTX** ## Institutional Inflows and Outflows Several institutional investors and hedge funds have recently made changes to their positions in OPTX. Tema ETFs LLC purchased a new stake in Syntec Optics in the 2nd quarter worth about $7,662,000. Royal Bank of Canada purchased a new position in Syntec Optics in the 1st quarter valued at approximately $516,000. OMERS ADMINISTRATION Corp purchased a new position in Syntec Optics in the 1st quarter valued at approximately $89,000. Gables Capital Management Inc. bought a new stake in Syntec Optics during the 1st quarter valued at $46,000. Finally, TRU Independence Asset Management 2 LLC purchased a new stake in shares of Syntec Optics during the first quarter worth $70,000. ## About Syntec Optics (Get Free Report) Syntec Optics, Inc operates as a photonics company specializing in the design, development and manufacturing of precision optical components and subsystems. Its core offerings include thin-film filters, dichroic beamsplitters, anti-reflection coated lenses and custom optical assemblies. The company leverages proprietary coating technologies to deliver high-performance imaging solutions and spectral filters for visible, infrared and multispectral applications. In addition to standard catalog products, Syntec Optics provides custom engineering services tailored to meet the specifications of customers in aerospace and defense, industrial automation, environmental sensing and life-sciences markets. ## Featured Articles - Five stocks we like better than Syntec Optics - OpenAI’s Jalapeño Chip Could Change the AI Hardware Race - Gold and Bitcoin Are Rebounding—2 ETFs Give Investors a Different Kind of Exposure - HONA: The Spin-Off Story the Market Is Reading Wrong - Quantum Computing Is Raising the Stakes for Cybersecurity: 5 Stocks to Watch *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Syntec Optics Right Now? Before you consider Syntec Optics, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Syntec Optics wasn't on the list. While Syntec Optics currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys. 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