Loading
1 insider bought €17k of shares over the last 90 days, the latest filed 24 Aug 2026.
Orion Energy Systems, Inc.: what insiders have been doing
This page follows insider dealings at Orion Energy Systems, Inc. as filed with SEC (Form 4), a company from the Energy sector. From 18 October 2025 to 18 October 2026, the disclosure feed for Orion Energy Systems, Inc. logged 12 filings by 7 insiders.
Every open-market trade in the period is a purchase: 5 purchases worth €281k, from 3 insiders, and not a single sale. No amount is published for 2 filings, which the totals therefore leave out. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. The largest single trade was a purchase of €259k by Washlow Sally A., published on 21 November 2025. The buyers include 1 finance chief, 1 senior executive and 1 chief executive.
The clock since the last published purchase (24 August 2026) now reads 55 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. Section 16 rules allow two business days to file each Form 4.
For context, the typical company on the same exchange (median of 5,816 companies) published 19 filings over the same period, against 12 filings here. Our records for Orion Energy Systems, Inc. go back to 2016, with 34 purchases and 1 sale on the open market in total. The 10-K for the year ended 31 March 2026 shows 86.3 m USD of revenue and -3.2 m USD of net income.
For comparison within the same sector, see the insider buying recorded at RGC Resources Inc and Empire Petroleum Corp. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
Insider Decl.
91
Thresholds
n/a
Buy Volume
€582,123
34 ops. · all time
Sell Volume
€167,261
1 ops. · all time
Who traded when
BuySaleEllen B. Richstone4 buys
Sally A. Washlow4 buys
Anthony L. Otten2 buys
Heather L. Wishart-Smith2 buys
J. Per Brodin1 buy
Michael H. Jenkins1 buy
Since the insiders bought
- -7.0%Entry US$25.02 · Close 15 Oct 2026 US$23.26
- +105.5%Entry US$11.32 · Close 15 Oct 2026 US$23.26
- -12.7%Entry US$10.88 · Close at T+90 US$9.50
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 19,654 of 24,148 companies
29.8
score / 100
Value28
Quality32
FCF yld-1.3%
Earn yld-3.4%
EV/EBITDA·
ROE0.3%
Gross mgn33%
Net mgn-3.7%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2026FY ended March 2026 · cache
US$24.53
Analyst consensus
2 analysts1.00/5
US$30.00Target US$36.50(+49%)US$43.00
Income statement
RevenueUS$86.3M
Gross profitUS$28.1M33% margin
EBITDA-US$536k-1% margin
Net income-US$3.2M0.0% margin
Valuation
PER (forward)12.6x
P/Book5.3x
Beta0.87
Balance sheet & cash
Market capUS$100.3M
Total debtUS$6M
Free Cash Flow-US$1.2M
Debt / Equity51%
Profitability & ownership
ROE0.3%
ROA1.8%
% insiders14.1%
% institutions44.6%
Last declaration on 24 August 2026
Declarations91 total
1,054 shares@ US$18.96350.017% mcap61.7% of flowCommon StockSEC:0000897069-26-001709:0
Canonical exit: 18 Nov 2026 (T+90)
2,532 shares0Common StockSEC:0000897069-26-001653:0
2,532 shares0Common StockSEC:0000897069-26-001656:0
2,532 shares0Common StockSEC:0000897069-26-001659:0
12,000 shares0Common StockSEC:0000897069-26-001661:0
9,000 shares0Common StockSEC:0000897069-26-001647:0
9,000 shares0Common StockSEC:0000897069-26-001650:0
2,532 shares0Common StockSEC:0000897069-26-001664:0
955 sharesCommon StockSEC:0000897069-26-001449:0
Canonical exit: 21 Sept 2026 (T+90)
1,780 sharesCommon StockSEC:0000897069-26-001449:1
Canonical exit: 22 Sept 2026 (T+90)
500 shares@ US$11.0752.9% of flowCommon StockSEC:0000897069-26-000523:0
Canonical exit: 28 May 2026 (T+90)
21,166 shares@ US$14.1798.9% of flowCommon StockSEC:0000897069-25-001717:0
Canonical exit: 17 Feb 2026 (T+90)
20,000 shares0Common StockSEC:0000897069-25-001155:0
200,000 shares0Common StockSEC:0000897069-25-001153:0
20,000 shares0Common StockSEC:0000897069-25-001149:0
20,000 shares0Common StockSEC:0000897069-25-001147:0
150,000 shares0Common StockSEC:0000897069-25-001145:0
100,000 shares0Common StockSEC:0000897069-25-001143:0
20,000 shares0Common StockSEC:0000897069-25-001151:0
5,682 shares@ US$0.879813.0% of flowCommon StockSEC:0000897069-25-000408:0
Canonical exit: 26 May 2025 (T+90)
1,550 shares@ US$1.420.8% of flowCommon StockSEC:0000897069-25-000413:0
Canonical exit: 22 Sept 2024 (T+90)
1,000 shares@ US$0.920.3% of flowCommon StockSEC:0000897069-25-000375:0
Canonical exit: 22 May 2025 (T+90)
20,000 shares@ US$0.91112.9% of flowCommon StockSEC:0000897069-25-000377:0
Canonical exit: 22 May 2025 (T+90)
13,000 shares@ US$0.8377.7% of flowCommon StockSEC:0000897069-25-000371:0
Canonical exit: 20 May 2025 (T+90)
7,000 shares@ US$0.799819.3% of flowCommon StockSEC:0000897069-25-000319:0
Canonical exit: 15 May 2025 (T+90)
25 of 91 declarations
About Orion Energy Systems, Inc.
Orion Energy Systems, Inc. (ticker: OESX) is a U.S.-listed company traded on the NASDAQ Capital Market, within the broader NYSE/NASDAQ U.S. equity universe, and is headquartered in Manitowoc, Wisconsin, United States. It should not be confused with similarly named companies in other industries. Orion Energy Systems positions itself as an American provider of energy-efficiency solutions, historically built around LED lighting and, more recently, a broader mix of energy-related products and services. The company’s public filings and investor materials emphasize reducing customer energy costs, modernizing facilities, and improving operational efficiency. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1409375/000095017025090169/oesx-ex99_1.htm?utm_source=openai))
Founded in the mid-1990s, Orion developed its business around replacing inefficient lighting systems in industrial, commercial, and institutional facilities. Over time, the company evolved from a pure lighting specialist into a more diversified solutions provider. Its principal business lines now include LED lighting, electric vehicle (EV) charging stations, and maintenance services. That mix gives Orion exposure to both retrofit demand and the broader electrification trend, while also creating opportunities for recurring service revenue beyond one-time product sales. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1409375/000095017025090169/oesx-ex99_1.htm?utm_source=openai))
Read moreShow less
From a competitive standpoint, Orion operates in a fragmented but highly competitive market that includes major electrical and lighting conglomerates as well as many regional specialists. The company’s differentiation is more likely to come from project execution, customer-specific engineering, and the ability to package measurable energy savings rather than from scale alone. In practical terms, Orion competes on total value proposition: lower energy consumption, shorter payback periods, and turnkey implementation for customers seeking modernization without large operational disruption. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1409375/000095017025090169/oesx-ex99_1.htm?utm_source=openai))
Geographically, Orion’s business is primarily U.S.-centric, with operational roots in Wisconsin and a national customer reach. Its solutions are typically targeted at industrial plants, warehouses, commercial buildings, public-sector facilities, and other sites where lighting and electrical infrastructure upgrades can produce meaningful cost savings. The addition of EV charging stations also signals a strategic extension into the broader clean-energy infrastructure space, although lighting remains the core of the platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1409375/000095017025090169/oesx-ex99_1.htm?utm_source=openai))
Recent developments matter for investors. In June 2025, Orion reported fiscal 2025 revenue of $79.7 million and disclosed a fiscal 2026 revenue outlook of approximately $84 million, alongside improved gross margin performance. In August 2025, the company completed a 1-for-10 reverse stock split to regain compliance with the Nasdaq minimum bid price requirement. In addition, 2025 Form 4 filings showed equity awards and insider-related transactions, underscoring the company’s continued use of stock-based incentives at management level. These events suggest a business still in a turnaround-and-stabilization phase, with management focused on margin improvement, compliance, and selective growth. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1409375/000095017025090169/oesx-ex99_1.htm?utm_source=openai))
Recent ranked signals in the same sector
Purchases our model currently ranks for the recommendations list.
All recommendations
