Sanctuary Advisors LLC Makes New Investment in LENSAR, Inc. (NASDAQ:LNSR)

Sanctuary Advisors LLC acquired a new stake in LENSAR, Inc. (NASDAQ:LNSR) during the second quarter, according to its most recent filing with the SEC. The firm acquired 20,620 shares of the company’s stock, valued at approximately $93,000. Sanctuary Advisors LLC owned about 0.18% of LENSAR as of its most recent filing with the SEC.

Separately, DCF Advisers LLC lifted its stake in shares of LENSAR by 1.4% during the second quarter. DCF Advisers LLC now owns 241,484 shares of the company’s stock valued at $1,087,000 after acquiring an additional 3,250 shares during the period. Institutional investors own 40.15% of the company’s stock.

LENSAR Stock Up 0.9 %

Shares of LNSR stock opened at $5.52 on Tuesday. The firm has a market cap of $62.91 million, a price-to-earnings ratio of -3.49 and a beta of 0.64. LENSAR, Inc. has a 12 month low of $1.80 and a 12 month high of $6.25. The stock has a 50-day moving average price of $4.63 and a 200 day moving average price of $4.35.

LENSAR (NASDAQ:LNSR) last issued its earnings results on Thursday, August 8th. The company reported ($0.53) earnings per share (EPS) for the quarter. The business had revenue of $12.64 million during the quarter. LENSAR had a negative net margin of 27.83% and a negative return on equity of 30.69%.

About LENSAR

LENSAR, Inc, a commercial-stage medical device company, focuses on designing, developing, and marketing a femtosecond laser system for the treatment of cataracts and the management of pre-existing or surgically induced corneal astigmatism. It offers LENSAR Laser System that incorporates a range of proprietary technologies designed to assist the surgeon in obtaining visual outcomes, efficiency, and reproducibility by providing imaging, procedure planning, design, and precision.