Insider Selling: nLight (NASDAQ:LASR) CAO Sells 593 Shares of Stock

nLight (NASDAQ:LASR) CAO James Nias sold 593 shares of nLight stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $28.33, for a total value of $16,799.69. Following the completion of the transaction, the chief accounting officer directly owned 100,244 shares in the company, valued at $2,839,912.52. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

James Nias also recently made the following trade(s):

• On Thursday, August 21st, James Nias sold 555 shares of nLight stock. The stock was sold at an average price of $26.49, for a total value of $14,701.95.
• On Wednesday, August 20th, James Nias sold 572 shares of nLight stock. The stock was sold at an average price of $25.67, for a total value of $14,683.24.
• On Monday, August 18th, James Nias sold 559 shares of nLight stock. The stock was sold at an average price of $26.69, for a total value of $14,919.71.
• On Thursday, August 14th, James Nias sold 1,113 shares of nLight stock. The shares were sold at an average price of $26.73, for a total value of $29,750.49.

nLight Price Performance

LASR opened at $28.05 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.41 and a current ratio of 5.63. nLight has a 52-week low of $6.20 and a 52-week high of $28.56. The stock has a market capitalization of $1.40 billion, a PE ratio of -29.53 and a beta of 2.35. The stock’s 50 day moving average price is $20.96 and its 200-day moving average price is $14.08.

nLight (NASDAQ:LASR) last posted its earnings results on Thursday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.15. nLight had a negative return on equity of 19.12% and a negative net margin of 21.66%.The firm had revenue of $61.74 million for the quarter, compared to analysts’ expectations of $55.24 million. During the same period in the previous year, the firm earned ($0.10) earnings per share. The business’s revenue was up 22.2% compared to the same quarter last year. nLight has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that nLight will post -1.1 EPS for the current year.

Institutional Investors Weigh In On nLight

Several hedge funds have recently made changes to their positions in LASR. GAMMA Investing LLC boosted its holdings in nLight by 147.6% in the second quarter. GAMMA Investing LLC now owns 1,550 shares of the company’s stock worth $31,000 after acquiring an additional 924 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in nLight by 3,951.6% in the fourth quarter. Russell Investments Group Ltd. now owns 3,687 shares of the company’s stock worth $39,000 after acquiring an additional 3,596 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in nLight by 162.4% in the second quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company’s stock worth $54,000 after acquiring an additional 1,700 shares in the last quarter. Militia Capital Partners LP bought a new stake in nLight in the second quarter worth $71,000. Finally, Tower Research Capital LLC TRC boosted its holdings in nLight by 213.8% in the second quarter. Tower Research Capital LLC TRC now owns 4,764 shares of the company’s stock worth $94,000 after acquiring an additional 3,246 shares in the last quarter. 83.88% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on LASR. Craig Hallum reissued a “buy” rating and set a $24.00 target price (up from $14.00) on shares of nLight in a research note on Thursday, June 26th. Raymond James Financial reissued a “strong-buy” rating on shares of nLight in a research note on Friday, August 8th. Benchmark boosted their target price on nLight from $15.00 to $25.00 and gave the company a “speculative buy” rating in a research note on Friday, August 8th. Needham & Company LLC boosted their target price on nLight from $18.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, Cantor Fitzgerald lifted their price target on nLight from $14.00 to $27.50 and gave the company an “overweight” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $26.42.

About nLight

nLIGHT, Inc designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications.