nLight (NASDAQ:LASR – Get Free Report) Director Raymond Link sold 10,000 shares of the stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $62.79, for a total transaction of $627,900.00. Following the completion of the sale, the director owned 92,576 shares in the company, valued at approximately $5,812,847.04. This trade represents a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
nLight Stock Down 0.3%
Shares of LASR stock opened at $62.60 on Monday. nLight has a 12-month low of $6.20 and a 12-month high of $69.52. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of -133.19 and a beta of 2.27. The firm has a fifty day moving average of $51.32 and a 200-day moving average of $39.15.
nLight (NASDAQ:LASR – Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The business had revenue of $81.19 million during the quarter, compared to analysts’ expectations of $76.71 million. nLight had a negative return on equity of 9.28% and a negative net margin of 8.98%.nLight’s revenue for the quarter was up 71.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.30) EPS. Research analysts expect that nLight will post -1.1 earnings per share for the current year.
Trending Headlines about nLight
- Positive Sentiment: Recent analyst coverage is bullish — Robert W. Baird started coverage with an Outperform and $95 price target, Raymond James reiterated a strong‑buy with a $75 target, and Cantor Fitzgerald raised its target to $62.50. These upgrades support upside expectations from research desks. nLIGHT, Inc. (LASR)’s Strong Tech Stack Catches Analyst Attention
- Positive Sentiment: Recent quarterly results showed an EPS beat and strong revenue growth (revenue up ~71% Y/Y, EPS above estimates), which underpins the company’s operational momentum and supports the bullish analyst outlook. MarketBeat LASR coverage
- Neutral Sentiment: Media attention and inclusion on ‘best day trading’ lists can increase short‑term volume and volatility but are not fundamental drivers of long‑term value. 11 best day trading stocks to buy now
- Neutral Sentiment: Institutional ownership is high (~84%), which can dampen share supply but also concentrate price moves when institutions rebalance. MarketBeat institutional holdings
- Negative Sentiment: Significant insider selling this week: CEO Scott Keeney sold 19,096 shares (~$1.12M), Director Raymond Link sold multiple blocks (10,000; 8,760; 6,644 shares) and CAO James Nias sold 1,808 shares — these disclosed Form 4s likely pressured the stock by prompting profit‑taking or investor concern about insider timing. CEO Form 4 (SEC)
- Negative Sentiment: Market commentary specifically points to insider sales as a reason for the intraday weakness in LASR, reinforcing the negative impact of those transactions on sentiment. Why nLIGHT (LASR) Stock Is Down Today
Analysts Set New Price Targets
A number of equities research analysts recently commented on LASR shares. Needham & Company LLC raised their price objective on shares of nLight from $48.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Raymond James Financial reiterated a “strong-buy” rating and set a $75.00 target price on shares of nLight in a report on Friday, February 27th. Cantor Fitzgerald lifted their price target on nLight from $40.00 to $62.50 and gave the company an “overweight” rating in a research note on Friday, February 27th. Zacks Research lowered nLight from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Roth Mkm upped their price objective on nLight from $44.00 to $55.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, nLight currently has an average rating of “Moderate Buy” and a consensus price target of $58.31.
Read Our Latest Stock Report on LASR
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in LASR. Vanguard Group Inc. increased its stake in nLight by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 4,989,758 shares of the company’s stock valued at $187,166,000 after buying an additional 125,446 shares during the last quarter. Harvey Partners LLC boosted its stake in shares of nLight by 1.7% during the 2nd quarter. Harvey Partners LLC now owns 2,107,348 shares of the company’s stock worth $41,473,000 after buying an additional 34,348 shares during the last quarter. Needham Investment Management LLC grew its holdings in shares of nLight by 3.6% in the 4th quarter. Needham Investment Management LLC now owns 1,857,740 shares of the company’s stock valued at $69,684,000 after acquiring an additional 65,000 shares in the last quarter. Invesco Ltd. grew its holdings in shares of nLight by 32.3% in the 4th quarter. Invesco Ltd. now owns 1,399,229 shares of the company’s stock valued at $52,485,000 after acquiring an additional 341,948 shares in the last quarter. Finally, AWM Investment Company Inc. increased its position in shares of nLight by 1.9% in the second quarter. AWM Investment Company Inc. now owns 1,344,917 shares of the company’s stock valued at $26,468,000 after acquiring an additional 25,000 shares during the last quarter. Institutional investors and hedge funds 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. The company also provides laser sensors, including light detection and ranging technologies for intelligence, surveillance, and reconnaissance applications; and fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications.
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