nLight $LASR Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in shares of nLight (NASDAQ:LASR) by 2.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,667,332 shares of the company’s stock after acquiring an additional 74,163 shares during the quarter. Vanguard Group Inc. owned about 7.42% of nLight worth $28,495,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in nLight by 6,563.0% during the first quarter. GAMMA Investing LLC now owns 4,864 shares of the company’s stock worth $38,000 after acquiring an additional 4,791 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in nLight by 56.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 14,042 shares of the company’s stock worth $147,000 after acquiring an additional 5,049 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in nLight by 19.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,803 shares of the company’s stock worth $187,000 after acquiring an additional 2,888 shares during the last quarter. ProShare Advisors LLC boosted its position in nLight by 46.9% during the fourth quarter. ProShare Advisors LLC now owns 19,112 shares of the company’s stock worth $200,000 after acquiring an additional 6,098 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in nLight by 4.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,423 shares of the company’s stock worth $277,000 after acquiring an additional 1,140 shares during the last quarter. 83.88% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at nLight

In other news, CEO Scott H. Keeney sold 40,680 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $16.07, for a total value of $653,727.60. Following the transaction, the chief executive officer directly owned 1,281,540 shares in the company, valued at approximately $20,594,347.80. This represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Joseph John Corso sold 38,284 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $28.29, for a total transaction of $1,083,054.36. Following the completion of the transaction, the chief financial officer owned 273,118 shares in the company, valued at approximately $7,726,508.22. This represents a 12.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 333,518 shares of company stock worth $7,941,054. Company insiders own 4.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Benchmark boosted their price target on shares of nLight from $15.00 to $25.00 and gave the stock a “speculative buy” rating in a research report on Friday, August 8th. Stifel Nicolaus boosted 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. 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. Raymond James Financial reiterated a “strong-buy” rating on shares of nLight in a 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 company a “buy” rating in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $26.42.

nLight Stock Performance

Shares of LASR stock opened at $28.76 on Thursday. The firm’s 50 day moving average price is $21.56 and its 200-day moving average price is $14.41. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.41 and a current ratio of 5.63. nLight has a one year low of $6.20 and a one year high of $29.56. The firm has a market cap of $1.44 billion, a P/E ratio of -30.27 and a beta of 2.35.

nLight (NASDAQ:LASR) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.06 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $55.24 million. During the same period in the prior year, the business posted ($0.10) EPS. The business’s revenue for the quarter 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 year.

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.