nLight (NASDAQ:LASR) CAO Sells $29,750.49 in Stock

Key Points

• nLight's CAO, James Nias, sold 1,113 shares at an average price of $26.73, reducing his ownership by 1.07% and leaving him with 103,082 shares valued at approximately $2.76 million.
• nLight reported a quarterly earnings per share of $0.06, exceeding analysts' expectations of ($0.09), with revenue increasing 22.2% year-over-year to $61.74 million.
• Analyst ratings for nLight have improved, with several brokerages raising their price targets, resulting in a consensus rating of "Buy" and an average price target of $26.42.

nLight (NASDAQ:LASR - Get Free Report) CAO James Nias sold 1,113 shares of the business's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $26.73, for a total transaction of $29,750.49. Following the completion of the sale, the chief accounting officer directly owned 103,082 shares of the company's stock, valued at approximately $2,755,381.86. This trade represents a 1.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, May 20th, James Nias sold 1,173 shares of nLight stock. The shares were sold at an average price of $13.00, for a total transaction of $15,249.00.

nLight Stock Performance

LASR traded down $0.30 on Wednesday, reaching $25.96. The company had a trading volume of 688,494 shares, compared to its average volume of 611,826. nLight has a 1 year low of $6.20 and a 1 year high of $28.43. The stock has a market capitalization of $1.30 billion, a PE ratio of -27.33 and a beta of 2.35. The company has a quick ratio of 4.41, a current ratio of 5.63 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average price of $20.42 and a 200-day moving average price of $13.73.

nLight (NASDAQ:LASR - Get Free Report) last announced its quarterly earnings results 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. nLight had a negative net margin of 21.66% and a negative return on equity of 19.12%. The firm had revenue of $61.74 million during the quarter, compared to analysts' expectations of $55.24 million. During the same period in the previous year, the company earned ($0.10) earnings per share. nLight's quarterly revenue was up 22.2% compared to the same quarter last year. nLight has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that nLight will post -1.1 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in shares of nLight by 147.6% during 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 during the period. Russell Investments Group Ltd. grew its position in nLight by 3,951.6% during the fourth quarter. Russell Investments Group Ltd. now owns 3,687 shares of the company's stock worth $39,000 after buying an additional 3,596 shares during the period. Nisa Investment Advisors LLC grew its position in nLight by 162.4% during the second quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company's stock worth $54,000 after buying an additional 1,700 shares during the period. Militia Capital Partners LP acquired a new position in nLight during the second quarter worth about $71,000. Finally, Tower Research Capital LLC TRC grew its position in nLight by 213.8% during 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 period. 83.88% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LASR shares. Craig Hallum reaffirmed a "buy" rating and issued a $24.00 target price (up from $14.00) on shares of nLight in a report on Thursday, June 26th. Needham & Company LLC upped their target price on shares of nLight from $18.00 to $28.00 and gave the company a "buy" rating in a report on Friday, August 8th. Cantor Fitzgerald upped 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. Stifel Nicolaus upped their target price on shares of nLight from $12.00 to $26.00 and gave the company a "buy" rating in a report on Friday, August 8th. Finally, Benchmark upped their target price on shares of nLight from $15.00 to $25.00 and gave the company a "speculative buy" rating in a 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 company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $26.42.

nLight Company Profile

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.