Orion Energy Systems (OESX) CEO Sally Washlow Buys $9.1K of Stock

Sally Washlow, the CEO of Orion Energy Systems, Inc. (NasdaqCM: OESX), purchased 955 shares of the company on June 23, 2026. The shares were bought at an average price of $9.50 each, totaling $9,072.50. This transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at Orion Energy Systems, Inc.

Sally Washlow's recent purchase adds to her history of buying shares in the company. On June 24, 2026, she bought another 1,780 shares at $9.47 each. Earlier this year, in February, Per Brodin, the company's Executive Vice President and CFO, also bought 500 shares at $11.07. These insider transactions suggest confidence in Orion Energy's future.

Other Institutional Activity in Orion Energy Systems

Several institutional investors have been active in Orion Energy Systems. North Star Investment Management Corp. increased its holdings by 118,100 shares, bringing its total to 525,552 shares valued at about $4.59 million. Tieton Capital Management added 10,282 shares, resulting in a total of 266,476 shares worth approximately $2.33 million. Grace & White Inc. expanded its position by 20,400 shares, reaching 241,387 shares valued at $2.11 million. Renaissance Technologies grew its stake by 43,693 shares to a total of 178,469 shares, valued at $1.56 million. Meanwhile, Myda Advisors LLC opened a new position with 133,505 shares, valued at $1.17 million.

Orion Energy Systems, Inc. Stock Down 64.4%

On Friday, shares of Orion Energy Systems traded near $9.57. The company has a market capitalization of approximately $39.7 million and a forward P/E ratio of 5.79. Its beta, which measures volatility, is 0.8. Over the past 52 weeks, the stock has ranged from a low of $5.50 to a high of $18.64. The 50-day moving average is $9.43, while the 200-day moving average is $11.59. Orion Energy's current ratio is 1.41, and its quick ratio is 0.98, with a debt-to-equity ratio of 52.94.

Recent Earnings

Orion Energy Systems reported revenue of $86.3 million, marking a growth of 23.3%. However, the company is not currently profitable, with a net margin of -3.67% and a return on equity of -22.19%. The next earnings report is expected on June 4, 2026.

Analysts Set New Price Targets

Analysts have set varied price targets for Orion Energy Systems. HC Wainwright & Co. maintained a 'buy' rating with a target price of $20. The consensus among analysts is a 'strong buy,' with a mean price target of $22, based on two opinions.

About Orion Energy Systems

Orion Energy Systems, Inc., headquartered in Manitowoc, Wisconsin, is an industrial company specializing in energy management systems. It designs, manufactures, and sells LED lighting products and solutions for commercial and industrial applications. The company operates in the Lighting, Maintenance, and Electric Vehicle segments, providing a range of services from installation to maintenance.

Bottom Line

The recent insider purchases by Orion Energy's CEO Sally Washlow highlight her confidence in the company's prospects. While the company faces challenges with profitability, its market presence and institutional interest suggest potential growth. Keep in mind that these insights are based on past filings and may not reflect the current state of the company's finances or insider positions.