James Nias Sells 540 Shares of nLight (NASDAQ:LASR) Stock

Key Points

• nLight's CAO James Nias sold 540 shares at an average price of $29.14, reducing his stake to 99,704 shares valued at approximately $2.9 million.
• The company's recent quarterly earnings beat analysts' expectations, reporting $0.06 EPS versus anticipated ($0.09), with revenues increasing by 22.2% year-over-year.
• Analysts have set various price targets for nLight, with the consensus rating upgraded to "Buy" and a target price averaging around $26.42.

nLight (NASDAQ:LASR - Get Free Report) CAO James Nias sold 540 shares of the firm's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $29.14, for a total value of $15,735.60. Following the completion of the sale, the chief accounting officer directly owned 99,704 shares in the company, valued at approximately $2,905,374.56. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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 value 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 value 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 value 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 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

Shares of NASDAQ LASR traded down $0.49 during midday trading on Friday, hitting $28.67. The stock had a trading volume of 361,316 shares, compared to its average volume of 856,423. The company has a market capitalization of $1.43 billion, a PE ratio of -30.18 and a beta of 2.44. The stock has a 50 day simple moving average of $23.98 and a 200-day simple moving average of $15.99. nLight has a 1 year low of $6.20 and a 1 year high of $30.05. The company has a quick ratio of 4.41, a current ratio of 5.63 and a debt-to-equity ratio of 0.09.

nLight (NASDAQ:LASR - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.06 earnings per share 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 business had revenue of $61.74 million for the quarter, compared to the consensus estimate of $55.24 million. During the same quarter last year, the business posted ($0.10) earnings per share. The business's quarterly revenue was up 22.2% compared to the same quarter last year. nLight has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that nLight will post -1.1 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on LASR. Cantor Fitzgerald lifted their price objective on nLight from $14.00 to $27.50 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Craig Hallum reiterated a "buy" rating and set a $24.00 price objective (up previously from $14.00) on shares of nLight in a research report on Thursday, June 26th. Raymond James Financial reiterated a "strong-buy" rating on shares of nLight in a research report on Friday, August 8th. Benchmark lifted their price objective on nLight from $15.00 to $25.00 and gave the stock a "speculative buy" rating in a research report on Friday, August 8th. Finally, Stifel Nicolaus lifted their price objective on nLight from $12.00 to $26.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company's stock. According to MarketBeat.com, nLight has an average rating of "Buy" and a consensus target price of $26.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC grew its stake in nLight by 147.6% during the 2nd quarter. GAMMA Investing LLC now owns 1,550 shares of the company's stock worth $31,000 after purchasing an additional 924 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in nLight by 1,599.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,835 shares of the company's stock worth $36,000 after buying an additional 1,727 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in nLight by 162.4% during the 2nd 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 last quarter. Militia Capital Partners LP purchased a new stake in nLight during the 2nd quarter worth about $71,000. Finally, Tower Research Capital LLC TRC lifted its holdings in nLight by 213.8% during the 2nd 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. 83.88% of the stock is owned by institutional investors and hedge funds.

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.