News headlines about Luna Innovations (NASDAQ:LUNA) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Luna Innovations earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the scientific and technical instruments company an impact score of 47.5214659158995 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s analysis:

Shares of Luna Innovations traded up $0.05, hitting $3.95, on Friday, MarketBeat.com reports. 111,178 shares of the company’s stock traded hands, compared to its average volume of 189,391. Luna Innovations has a one year low of $1.34 and a one year high of $4.32. The firm has a market cap of $106.56 million, a price-to-earnings ratio of 48.75 and a beta of 0.91.

Luna Innovations (NASDAQ:LUNA) last announced its earnings results on Wednesday, August 1st. The scientific and technical instruments company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. Luna Innovations had a return on equity of 4.98% and a net margin of 34.13%. The company had revenue of $13.77 million for the quarter, compared to analyst estimates of $12.90 million. analysts predict that Luna Innovations will post 0.07 earnings per share for the current fiscal year.

Several equities research analysts recently commented on LUNA shares. Zacks Investment Research lowered Luna Innovations from a “hold” rating to a “sell” rating in a research report on Tuesday, August 7th. Northland Securities lowered Luna Innovations from an “outperform” rating to a “market perform” rating and set a $4.00 target price on the stock. in a research report on Friday, August 3rd.

In other Luna Innovations news, major shareholder Clinic Carilion sold 102,930 shares of the stock in a transaction that occurred on Friday, May 18th. The stock was sold at an average price of $3.40, for a total value of $349,962.00. Following the transaction, the insider now owns 2,162,235 shares in the company, valued at $7,351,599. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 165,197 shares of company stock worth $561,798. Corporate insiders own 10.60% of the company’s stock.

Luna Innovations Company Profile

Luna Innovations Incorporated develops, manufactures, and markets fiber optic sensing, and test and measurement products worldwide. It operates in two segments, Products and Licensing, and Technology Development. The Products and Licensing segment offers fiber optic sensing products, as well as test and measurement products to monitor the integrity of fiber optic network components and sub-assemblies, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and distributed sensing systems comprising optical distributed sensor interrogator sensing solution with multiple sensors whose inputs are integrated through a fiber optic network and software.

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Insider Buying and Selling by Quarter for Luna Innovations (NASDAQ:LUNA)

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