Ocean Power Technologies Inc
OPTT0.300USD
-0.122-28.99%
Close 12/15, 16:00（ET）Quotes delayed by 15 min
53.26MMarket Cap
LossP/E TTM
More Details of Ocean Power Technologies Inc Company
Ocean Power Technologies, Inc. provides ocean data collection and reporting, marine power, offshore communications and domain awareness services products, and integrated solutions. The Company focuses on three major service areas: Data as a Service (DaaS), which includes data collected by its Wave Adaptive Modular Vessel (WAM-V) autonomous vehicles or its PowerBuoy product lines; Robotics as a Service (RaaS), which provides a lower cost subscription model for its customers to access use of its WAM-Vs, and Power as a Service (PaaS), which includes its PowerBuoy and subsea battery products. The Company's solutions are primarily suited to ocean and other offshore environments, and support generation of actionable intelligence on a standalone basis. The Company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, science and research, wind power, and other industries.
Ocean Power Technologies Inc Info
Ticker SymbolOPTT
Company nameOcean Power Technologies Inc
IPO dateOct 31, 2003
CEOStratmann (Philipp)
Number of employees53
Security typeOrdinary Share
Fiscal year-endOct 31
Address28 Engelhard Drive
CityMONROE TOWNSHIP
Stock exchangeNASDAQ OMX – NASDAQ Basic Amex
CountryUnited States of America
Postal code08831
Phone16097300400
Websitehttps://oceanpowertechnologies.com/
Ticker SymbolOPTT
IPO dateOct 31, 2003
CEOStratmann (Philipp)
Company Executives of Ocean Power Technologies Inc
Name
Name/Position
Position
Shareholding
Change
Mr. Philipp Stratmann
Mr. Philipp Stratmann
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
504.39K
-0.78%
Mr. Peter E. Slaiby
Mr. Peter E. Slaiby
Independent Director
Independent Director
439.68K
-4.17%
Mr. Clyde W. Hewlett
Mr. Clyde W. Hewlett
Independent Director
Independent Director
404.68K
-4.51%
Mr. Terence J. (Terry) Cryan
Mr. Terence J. (Terry) Cryan
Independent Chairman of the Board
Independent Chairman of the Board
--
--
Mr. Robert P. (Bob) Powers
Mr. Robert P. (Bob) Powers
Chief Financial Officer, Senior Vice President
Chief Financial Officer, Senior Vice President
--
--
Mr. Tracy D. Pagliara
Mr. Tracy D. Pagliara
Senior Vice President, General Counsel, Secretary
Senior Vice President, General Counsel, Secretary
--
--
Ms. Diana Garvis Purcel
Ms. Diana Garvis Purcel
Independent Director
Independent Director
--
--
Name
Name/Position
Position
Shareholding
Change
Mr. Philipp Stratmann
Mr. Philipp Stratmann
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
504.39K
-0.78%
Mr. Peter E. Slaiby
Mr. Peter E. Slaiby
Independent Director
Independent Director
439.68K
-4.17%
Mr. Clyde W. Hewlett
Mr. Clyde W. Hewlett
Independent Director
Independent Director
404.68K
-4.51%
Mr. Terence J. (Terry) Cryan
Mr. Terence J. (Terry) Cryan
Independent Chairman of the Board
Independent Chairman of the Board
--
--
Mr. Robert P. (Bob) Powers
Mr. Robert P. (Bob) Powers
Chief Financial Officer, Senior Vice President
Chief Financial Officer, Senior Vice President
--
--
Mr. Tracy D. Pagliara
Mr. Tracy D. Pagliara
Senior Vice President, General Counsel, Secretary
Senior Vice President, General Counsel, Secretary
--
--
Revenue Breakdown
FY2026Q1
FY2025
FY2025Q4
FY2025Q3
FY2025Q2
FY2025Q1
FY2024
FY2023
FY2022
Relevant data have not been disclosed by the company yet.
By RegionUSD
Name
Revenue
Proportion
Europe
1.05M
0.00%
North & south America
134.00K
0.00%
Asia & Australia
1.00K
0.00%
By Business
By Region
Relevant data have not been disclosed by the company yet.
Shareholding Stats
Updated: Wed, Dec 10
Updated: Wed, Dec 10
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
3.60%
BlackRock Institutional Trust Company, N.A.
1.46%
Paragon Technologies Inc
1.14%
Geode Capital Management, L.L.C.
0.96%
Jane Street Capital, L.L.C.
0.67%
Other
92.16%
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
3.60%
BlackRock Institutional Trust Company, N.A.
1.46%
Paragon Technologies Inc
1.14%
Geode Capital Management, L.L.C.
0.96%
Jane Street Capital, L.L.C.
0.67%
Other
92.16%
Shareholder Types
Shareholders
Proportion
Investment Advisor
5.96%
Investment Advisor/Hedge Fund
1.79%
Individual Investor
1.63%
Corporation
1.14%
Research Firm
0.94%
Hedge Fund
0.93%
Bank and Trust
0.06%
Venture Capital
0.01%
Other
87.55%
Institutional Shareholding
Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
91
15.60M
8.52%
-10.00M
2025Q2
99
20.43M
11.55%
-5.72M
2025Q1
102
19.72M
11.42%
-5.76M
2024Q4
99
12.62M
8.78%
-6.87M
2024Q3
90
18.27M
17.86%
+9.58M
2024Q2
91
7.45M
7.22%
-927.95K
2024Q1
94
7.77M
12.90%
-1.78M
2023Q4
100
7.65M
12.80%
-1.86M
2023Q3
103
6.80M
11.56%
-2.18M
2023Q2
106
4.02M
7.15%
-2.81M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
The Vanguard Group, Inc.
6.39M
3.49%
+129.42K
+2.07%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
2.82M
1.54%
--
--
Jun 30, 2025
Paragon Technologies Inc
2.19M
1.2%
-662.77K
-23.24%
Apr 15, 2024
Geode Capital Management, L.L.C.
1.80M
0.98%
+236.54K
+15.16%
Jun 30, 2025
Jane Street Capital, L.L.C.
643.17K
0.35%
+550.89K
+597.00%
Jun 30, 2025
State Street Investment Management (US)
536.18K
0.29%
+116.30K
+27.70%
Jun 30, 2025
Cryan (Terence James)
600.59K
0.33%
+50.67K
+9.21%
Jul 24, 2025
Stratmann (Philipp)
508.38K
0.28%
+3.99K
+0.79%
Sep 17, 2025
View more
Related ETFs
Updated: Tue, Dec 2
Updated: Tue, Dec 2
Name
Proportion
iShares Core S&P Total U.S. Stock Market ETF
0%
iShares Core S&P Total U.S. Stock Market ETF
Proportion0%
Dividend
A total of
0.00
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
No Data
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
FAQs
Who are the top five shareholders of Ocean Power Technologies Inc?
The top five shareholders of Ocean Power Technologies Inc are:
The Vanguard Group, Inc. holds 6.39M shares, accounting for 3.49% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 2.82M shares, accounting for 1.54% of the total shares.
Paragon Technologies Inc holds 2.19M shares, accounting for 1.20% of the total shares.
Geode Capital Management, L.L.C. holds 1.80M shares, accounting for 0.98% of the total shares.
Jane Street Capital, L.L.C. holds 643.17K shares, accounting for 0.35% of the total shares.
The Vanguard Group, Inc. holds 6.39M shares, accounting for 3.49% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 2.82M shares, accounting for 1.54% of the total shares.
Paragon Technologies Inc holds 2.19M shares, accounting for 1.20% of the total shares.
Geode Capital Management, L.L.C. holds 1.80M shares, accounting for 0.98% of the total shares.
Jane Street Capital, L.L.C. holds 643.17K shares, accounting for 0.35% of the total shares.
What are the top three shareholder types of Ocean Power Technologies Inc?
The top three shareholder types of Ocean Power Technologies Inc are:
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
Paragon Technologies Inc
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
Paragon Technologies Inc
How many institutions hold shares of Ocean Power Technologies Inc (OPTT)?
As of 2025Q3, 91 institutions hold shares of Ocean Power Technologies Inc, with a combined market value of approximately 15.60M, accounting for 8.52% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -3.03%.
What is the biggest source of revenue for Ocean Power Technologies Inc?
In FY2026Q1, the -- business generated the highest revenue for Ocean Power Technologies Inc, amounting to -- and accounting for --% of total revenue.
