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

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 stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $29.14, for a total value of $15,735.60. Following the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 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 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 stock was 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 Price Performance

Shares of NASDAQ:LASR traded down $0.38 during midday trading on Monday, hitting $28.49. The stock had a trading volume of 620,066 shares, compared to its average volume of 976,549. The company's 50-day moving average price is $23.22 and its 200-day moving average price is $15.50. nLight has a fifty-two week low of $6.20 and a fifty-two week high of $30.00. 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 company has a market capitalization of $1.42 billion, a P/E ratio of -29.99 and a beta of 2.44.

nLight (NASDAQ:LASR - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.06 earnings per share (EPS) 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 business had revenue of $61.74 million for the quarter, compared to analysts' expectations of $55.24 million. During the same period last year, the firm posted ($0.10) earnings per share. The firm'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, equities research analysts predict that nLight will post -1.1 EPS for the current fiscal year.

Analysts Set New Price Targets

LASR has been the topic of a number of recent analyst reports. Needham & Company LLC lifted their target price on nLight from $18.00 to $28.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of nLight in a report on Friday, August 8th. Cantor Fitzgerald increased their price objective on shares of nLight from $14.00 to $27.50 and gave the company an "overweight" rating in a research note on Friday, August 8th. Benchmark raised their target price on shares of nLight from $15.00 to $25.00 and gave the company a "speculative buy" rating in a research report on Friday, August 8th. Finally, Stifel Nicolaus upped their price target on shares of nLight from $12.00 to $26.00 and gave the stock a "buy" rating in a report on Friday, August 8th. One 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 currently has a consensus rating of "Buy" and a consensus target price of $26.42.

Hedge Funds Weigh In On nLight

A number of hedge funds have recently made changes to their positions in LASR. Bank of America Corp DE increased its position in nLight by 72.0% during the 4th quarter. Bank of America Corp DE now owns 209,644 shares of the company's stock valued at $2,199,000 after purchasing an additional 87,788 shares during the period. Vanguard Group Inc. boosted its stake in shares of nLight by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 3,667,332 shares of the company's stock valued at $28,495,000 after purchasing an additional 74,163 shares during the last quarter. King Luther Capital Management Corp acquired a new stake in shares of nLight during the first quarter worth $388,000. Segall Bryant & Hamill LLC increased its position in shares of nLight by 140.4% during the first quarter. Segall Bryant & Hamill LLC now owns 1,207,580 shares of the company's stock worth $9,383,000 after buying an additional 705,215 shares during the period. Finally, Keeley Teton Advisors LLC raised its stake in nLight by 89.7% during the first quarter. Keeley Teton Advisors LLC now owns 127,356 shares of the company's stock worth $990,000 after buying an additional 60,221 shares during the last quarter. 83.88% of the stock is currently owned by institutional investors.

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.

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