Precision Optics Corporation reported Q3 FY2026 results after the close on May 13 — and the numbers were a clear beat. Revenue came in at $8.71 million, more than double the $4.19 million recorded a year ago. EPS improved sharply to $(0.01), from $(0.30) a year prior. Management followed the print by raising full-year sales guidance from $26–$28 million to $29–$31 million.
The insiders appear to have seen this coming. The most telling signal heading into the print was a cluster of open-market buying at the management level on March 30. The CFO bought nearly $75,000 worth of stock at $3.60 per share. The COO added close to $150,000 at the same price. Even the CEO bought a smaller tranche. That collective outlay of around $230,000 in net buys over 90 days — all at prices well below where the stock closed before results — was the sharpest insider buy cluster in the past year. Lock-up agreements expiring in late June also suggest these insiders intend to hold.
Ownership context adds weight to the insider story. Needham Investment Management holds a dominant 30.6% of shares. It added 2.6 million shares in its most recent reported period — a position that had not previously been near that size. With the top five holders controlling more than half the float, this is a stock where conviction moves matter. The company also completed a $10 million follow-on equity offering in late March, which funded the balance sheet ahead of this revenue ramp.
Short positioning was never a meaningful part of the POCI story. Short interest barely registered at 0.31% of the free float — low enough that there was no squeeze dynamic in play. Borrow cost held flat near 0.56%, and availability was effectively unconstrained. The short score of 26.8 ranked in the 91st percentile, confirming the borrow market had no strong directional view before the results.
The earnings print therefore tested something simpler: whether the revenue ramp that insiders and Needham had already committed to was real — and whether management would raise the bar for the remainder of the fiscal year. They did both.
See the live data behind this article on ORTEX.
Open POCI on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
