Algert Global LLC Acquires 93,581 Shares of nLight $LASR

Algert Global LLC grew its holdings in nLight (NASDAQ:LASR) by 39.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 330,880 shares of the company’s stock after buying an additional 93,581 shares during the period. Algert Global LLC owned 0.65% of nLight worth $9,804,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in LASR. Osaic Holdings Inc. boosted its position in nLight by 1,599.1% during the second 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 period. Global Retirement Partners LLC bought a new position in shares of nLight in the third quarter valued at about $49,000. Militia Capital Partners LP bought a new position in shares of nLight in the second quarter valued at about $71,000. Tower Research Capital LLC TRC lifted its stake in shares of 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. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of nLight by 12.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,911 shares of the company’s stock worth $97,000 after buying an additional 561 shares during the last quarter. 83.88% of the stock is currently owned by 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

Wall Street Analyst Weigh In

LASR has been the topic of a number of research reports. Raymond James Financial reiterated a “strong-buy” rating and issued a $75.00 price target on shares of nLight in a research note on Friday, February 27th. Stifel Nicolaus initiated coverage on shares of nLight in a research report on Tuesday, January 20th. They set a “buy” rating and a $60.00 price objective for the company. Robert W. Baird started coverage on nLight in a report on Wednesday, March 4th. They set an “outperform” rating and a $95.00 price objective for the company. Wall Street Zen downgraded nLight from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Zacks Research lowered nLight from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $58.31.

nLight Trading Down 0.3%

Shares of LASR stock opened at $62.60 on Monday. The stock has a market cap of $3.49 billion, a P/E ratio of -133.19 and a beta of 2.27. The stock has a 50 day simple moving average of $51.32 and a 200 day simple moving average of $39.15. nLight has a 1 year low of $6.20 and a 1 year high of $69.52.

nLight (NASDAQ:LASR) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The business had revenue of $81.19 million for the quarter, compared to the consensus estimate of $76.71 million. nLight had a negative return on equity of 9.28% and a negative net margin of 8.98%.The firm’s quarterly revenue was up 71.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.30) earnings per share. Analysts forecast that nLight will post -1.1 EPS for the current year.

Insider Buying and Selling

In related news, Director Raymond A. Link sold 10,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $62.79, for a total transaction of $627,900.00. Following the completion of the sale, the director owned 92,576 shares of the company’s stock, valued at $5,812,847.04. This represents a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO James Nias sold 3,249 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $61.96, for a total transaction of $201,308.04. Following the sale, the chief accounting officer owned 95,707 shares in the company, valued at $5,930,005.72. The trade was a 3.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 162,528 shares of company stock worth $9,223,597 in the last ninety days. 6.10% of the stock is owned by company insiders.

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. 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.