MMCAP International Inc. SPC Lowers Stake in POET Technologies Inc. $POET

MMCAP International Inc. SPC reduced its holdings in shares of POET Technologies Inc. (NASDAQ:POET) by 57.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,526,205 shares of the company’s stock after selling 2,059,035 shares during the period. MMCAP International Inc. SPC owned 1.16% of POET Technologies worth $9,661,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of POET. Advisory Services Network LLC purchased a new position in POET Technologies during the 3rd quarter valued at about $25,000. New Millennium Group LLC purchased a new position in POET Technologies during the 3rd quarter valued at about $27,000. SBI Securities Co. Ltd. lifted its position in POET Technologies by 95.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 8,487 shares of the company’s stock valued at $47,000 after acquiring an additional 4,142 shares during the period. Coldstream Capital Management Inc. purchased a new position in POET Technologies during the 3rd quarter valued at about $55,000. Finally, Albion Financial Group UT lifted its position in POET Technologies by 233.3% during the 4th quarter. Albion Financial Group UT now owns 10,000 shares of the company’s stock valued at $63,000 after acquiring an additional 7,000 shares during the period. 1.99% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting POET Technologies

Here are the key news stories impacting POET Technologies this week:

• Positive Sentiment: No material positive company-specific catalyst was highlighted in the latest articles.
• Neutral Sentiment: Multiple law firms issued reminders about a securities class action against POET Technologies, with lead-plaintiff deadlines set for June 29, 2026. These notices mainly repeat that investors who bought shares during the alleged class period may be eligible to pursue claims. Article Title
• Neutral Sentiment: Similar class-action reminders were published by Faruqi & Faruqi, Pomerantz, Robbins LLP, The Gross Law Firm, and Bronstein, Gewirtz & Grossman, reinforcing ongoing litigation over alleged investor harm. Article Title
• Negative Sentiment: Market commentary says the stock is sliding on dilution worries tied to a fresh capital raise, along with recent short-seller allegations. That combination can weigh on sentiment by raising concerns about shareholder dilution and possible credibility issues. Article Title

Analyst Ratings Changes

A number of analysts have weighed in on POET shares. Wall Street Zen lowered shares of POET Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Weiss Ratings restated a “sell (d-)” rating on shares of POET Technologies in a research note on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, POET Technologies presently has an average rating of “Sell” and a consensus target price of $8.00.

POET Technologies Stock Performance

NASDAQ:POET opened at $13.35 on Wednesday. The firm has a market cap of $2.05 billion, a P/E ratio of -18.54 and a beta of 0.53. POET Technologies Inc. has a fifty-two week low of $3.87 and a fifty-two week high of $20.81. The firm has a 50-day simple moving average of $9.24 and a two-hundred day simple moving average of $7.28.

POET Technologies (NASDAQ:POET) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). The firm had revenue of $0.50 million for the quarter, compared to the consensus estimate of $0.25 million. POET Technologies had a negative net margin of 5,786.60% and a negative return on equity of 27.24%. On average, equities research analysts predict that POET Technologies Inc. will post -0.21 EPS for the current year.

About POET Technologies

POET Technologies Inc is a Canadian fabless semiconductor company focused on the development and commercialization of integrated silicon photonics platforms. Leveraging proprietary POET Optical Interposer™ technology, the company designs and manufactures optical input/output (I/O) solutions that enable high-bandwidth, low-power data transmission between electronic chips and fiber-optic networks. By integrating optical waveguides, lasers, detectors and electronic drivers onto a single chip, POET aims to address the growing demand for faster, more energy-efficient data connectivity in telecommunications, data centers and high-performance computing applications.

The company’s core products include silicon photonics interposer arrays, active optical cables and optical transceiver modules.