nLight (NASDAQ:LASR) CAO James Nias Sells 540 Shares

nLight (NASDAQ:LASR) CAO James Nias sold 540 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $29.14, for a total transaction of $15,735.60. Following the transaction, the chief accounting officer directly owned 99,704 shares in the company, valued at $2,905,374.56. This represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Friday, August 22nd, James Nias sold 593 shares of nLight stock. The shares were sold at an average price of $28.33, for a total transaction of $16,799.69.
• On Thursday, August 21st, James Nias sold 555 shares of nLight stock. The shares were sold at an average price of $26.49, for a total transaction of $14,701.95.
• On Wednesday, August 20th, James Nias sold 572 shares of nLight stock. The shares were sold at an average price of $25.67, for a total transaction of $14,683.24.
• On Monday, August 18th, James Nias sold 559 shares of nLight stock. The shares were sold at an average price of $26.69, for a total transaction 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 transaction of $29,750.49.

nLight Stock Performance

Shares of nLight stock opened at $29.15 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.63 and a quick ratio of 4.41. nLight has a fifty-two week low of $6.20 and a fifty-two week high of $30.00. The firm has a market capitalization of $1.45 billion, a P/E ratio of -30.68 and a beta of 2.44. The company’s 50 day moving average price is $23.42 and its two-hundred day moving average price is $15.59.

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

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On nLight

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC boosted its position in nLight by 147.6% during the 2nd quarter. GAMMA Investing LLC now owns 1,550 shares of the company’s stock valued at $31,000 after buying an additional 924 shares during the period. Osaic Holdings Inc. lifted its position in shares of nLight by 1,599.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,727 shares during the period. Nisa Investment Advisors LLC lifted its position in nLight by 162.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company’s stock valued at $54,000 after acquiring an additional 1,700 shares during the period. Militia Capital Partners LP purchased a new position in nLight during the 2nd quarter valued at about $71,000. Finally, Tower Research Capital LLC TRC raised 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 buying an additional 3,246 shares during the last quarter. Institutional investors own 83.88% of the company’s stock.

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.