Fox Run Management L.L.C. Sells 11,737 Shares of nLight $LASR

Fox Run Management L.L.C. lowered its stake in shares of nLight (NASDAQ:LASR) by 31.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 25,412 shares of the company’s stock after selling 11,737 shares during the period. Fox Run Management L.L.C. owned approximately 0.05% of nLight worth $753,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in nLight by 18.2% during the third quarter. Vanguard Group Inc. now owns 4,864,312 shares of the company’s stock valued at $144,130,000 after acquiring an additional 747,958 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of nLight during the 2nd quarter worth approximately $6,778,000. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of nLight during the 3rd quarter worth approximately $8,626,000. Jane Street Group LLC increased its position in shares of nLight by 237.3% during the second quarter. Jane Street Group LLC now owns 260,411 shares of the company’s stock valued at $5,125,000 after purchasing an additional 183,210 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of nLight by 94.6% in the second quarter. Raymond James Financial Inc. now owns 365,091 shares of the company’s stock valued at $7,185,000 after purchasing an additional 177,495 shares in the last quarter. Institutional investors own 83.88% of the company’s stock.

Insiders Place Their Bets

In other nLight news, CEO Scott H. Keeney sold 31,748 shares of nLight stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $37.51, for a total value of $1,190,867.48. Following the completion of the transaction, the chief executive officer owned 2,285,020 shares in the company, valued at approximately $85,711,100.20. The trade was a 1.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Joseph John Corso sold 66,075 shares of the business’s stock in a transaction 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 transaction, the chief financial officer directly owned 196,224 shares in the company, valued at approximately $7,126,855.68. This represents a 25.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 127,502 shares of company stock valued at $4,622,166 over the last ninety days. Insiders own 4.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Wall Street Zen downgraded shares of nLight from a “buy” rating to a “hold” rating in a research note on Sunday, February 8th. Cantor Fitzgerald raised their price objective on shares of nLight from $40.00 to $62.50 and gave the stock an “overweight” rating in a report on Friday. Needham & Company LLC upped their target price on shares of nLight from $48.00 to $70.00 and gave the company a “buy” rating in a research note on Friday. Roth Mkm increased their price target on shares of nLight from $44.00 to $55.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, Canaccord Genuity Group raised nLight to a “buy” rating in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $53.07.

nLight Trading Down 10.7%

Shares of LASR stock opened at $56.19 on Friday. The company has a market capitalization of $2.85 billion, a P/E ratio of -119.55 and a beta of 2.33. nLight has a 12-month low of $6.20 and a 12-month high of $62.98. The company has a quick ratio of 4.36, a current ratio of 5.63 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $46.35 and a 200 day moving average price of $36.48.

nLight (NASDAQ:LASR) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. nLight had a negative net margin of 8.98% and a negative return on equity of 9.40%. The company had revenue of $81.19 million during the quarter, compared to analyst estimates of $76.71 million. During the same quarter last year, the business posted ($0.30) earnings per share. The company’s revenue was up 71.3% on a year-over-year basis. Research analysts forecast that nLight will post -1.1 earnings per share for the current fiscal year.

nLight News Summary

Here are the key news stories impacting nLight this week:

• Positive Sentiment: Needham raised its price target from $48 to $70 and assigned a “buy” rating, signaling confidence in continued revenue growth and implying ~24.6% upside from the current price. Needham Price Target Raise
• Positive Sentiment: Cantor Fitzgerald raised its price target to $62.50 and moved to “overweight,” providing additional analyst support for the stock after the quarter. Cantor Fitzgerald Price Target Raise
• Positive Sentiment: Q4 results topped expectations: EPS $0.14 vs. $0.11 consensus and revenue $81.2M vs. $76.7M; revenue rose ~71% year‑over‑year. Management also set Q1 revenue guidance ($70–$76M) above consensus, which supports near‑term growth expectations. Q4 Earnings & Guidance
• Positive Sentiment: Institutional interest: Bleakley Financial reported a new stake in nLight, indicating some institutional accumulation. Bleakley Stake
• Positive Sentiment: Management scheduled investor events and conferences in early March, increasing chances for deeper analyst/investor engagement and potentially clearer forward commentary. Investor Events
• Neutral Sentiment: Unusually large options volume was reported, suggesting heightened speculative or hedging activity that can amplify intraday moves but is not itself a directional signal. Options Volume Note
• Negative Sentiment: Despite the beat and raised guidance, the stock dropped as investors appeared to take profits after recent gains and reacted to remaining profitability concerns (negative net margin and ROE noted in the report). Several outlets reported the stock “tumbled” after the release. Stock Reaction Coverage
• Negative Sentiment: Heavy intraday volume and elevated volatility accompanied the move lower, which can exacerbate declines and indicates short‑term positioning changes rather than a change in underlying fundamentals. Market Reaction & Volume

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.