10 Cheapest Stocks Insiders Are Buying Recently

4. Orion Energy Systems, Inc. (NASDAQ:OESX)

Average price per share: $0.82

Market capitalization: $27.75 million

Orion Energy Systems is a provider of energy-efficient LED lighting and controls, electric vehicle (EV) charging station solutions, and maintenance services. The company is focused on turnkey design-through-installation solutions for large national customers and on supporting customers to achieve their environmental goals through safe and sustainable solutions that reduce businesses’ carbon footprint.

In February, three insiders bought a total of around $28,816 worth of Orion Energy shares at an average price of $0.82 per share. The stock currently trading close to that amount – $0.84 per share. However, over the last five years, its shares declined 83.96%.

On February 19, the company announced it had started on-site LED lighting installation for a federal government agency. To date, project purchase orders amount to $3 million, but there’s potential for expansion. The project is expected to be finalized in the first half of Orion’s fiscal year 2026.

For its fiscal 2025 third quarter, the company disclosed revenue of $19.6 million, which compares to $26.0 million in the third quarter of 2024. Net loss for the period amounted to $1.5 million, which compares to $2.3 million in the same period of last year.

Two Wall Street analysts have an average “Moderate Buy” rating on Orion Energy stock. The analysts have set a price forecast of $3.00, which represents a 256.29% increase from the previous price, reveals TipRanks.