nLight (NASDAQ:LASR – Get Free Report) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Sunday.
Several other research analysts have also issued reports on LASR. Canaccord Genuity Group raised nLight to a “buy” rating in a research report on Wednesday, December 17th. Zacks Research lowered nLight from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Roth Mkm upped their price target on nLight from $44.00 to $55.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Robert W. Baird initiated coverage on nLight in a report on Wednesday, March 4th. They issued an “outperform” rating and a $95.00 price objective for the company. Finally, Needham & Company LLC raised their price objective on nLight from $48.00 to $70.00 and gave the company a “buy” rating in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $58.31.
Check Out Our Latest Report on LASR
nLight Price Performance
nLight (NASDAQ:LASR – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The business had revenue of $81.19 million during the quarter, compared to analyst estimates of $76.71 million. nLight had a negative net margin of 8.98% and a negative return on equity of 9.28%. nLight’s quarterly revenue was up 71.3% compared to the same quarter last year. During the same period last year, the business posted ($0.30) earnings per share. Research analysts anticipate that nLight will post -1.1 earnings per share for the current year.
Insider Activity
In other news, Director Raymond A. Link sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $62.79, for a total value of $627,900.00. Following the sale, the director directly owned 92,576 shares of the company’s stock, valued at $5,812,847.04. The trade was a 9.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Joseph John Corso sold 66,075 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $36.32, for a total value of $2,399,844.00. Following the completion of the sale, the chief financial officer owned 196,224 shares in the company, valued at $7,126,855.68. The trade was a 25.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 228,603 shares of company stock worth $11,623,441. Insiders own 4.70% of the company’s stock.
Institutional Investors Weigh In On nLight
A number of institutional investors have recently modified their holdings of LASR. Osaic Holdings Inc. raised its position in shares of nLight by 1,599.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,727 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in nLight by 7,142.9% in the 4th quarter. Sunbelt Securities Inc. now owns 1,014 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in nLight by 155.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,062 shares of the company’s stock valued at $40,000 after purchasing an additional 647 shares during the last quarter. Financial Consulate Inc. purchased a new stake in nLight during the 4th quarter valued at about $41,000. Finally, Wexford Capital LP bought a new stake in nLight during the 3rd quarter valued at about $41,000. 83.88% of the stock is owned by hedge funds and other institutional investors.
Key nLight News
Here are the key news stories impacting nLight this week:
- 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
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. 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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