Wesbanco Bank Inc. Purchases Shares of 10,000 nLight $LASR

Wesbanco Bank Inc. purchased a new stake in nLight (NASDAQ:LASR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,000 shares of the company’s stock, valued at approximately $375,000.

Several other institutional investors and hedge funds have also recently modified their holdings of LASR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of nLight by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,593 shares of the company’s stock valued at $214,000 after acquiring an additional 1,170 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of nLight by 622.7% in the 1st quarter. Jane Street Group LLC now owns 77,201 shares of the company’s stock valued at $600,000 after acquiring an additional 66,518 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of nLight by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 75,545 shares of the company’s stock valued at $1,487,000 after acquiring an additional 5,828 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of nLight by 7.2% in the 2nd quarter. American Century Companies Inc. now owns 107,417 shares of the company’s stock valued at $2,114,000 after acquiring an additional 7,179 shares in the last quarter. Finally, Hsbc Holdings PLC bought a new position in shares of nLight during the 2nd quarter valued at about $600,000. Hedge funds and other institutional investors own 83.88% of the company’s stock.

nLight News Summary

Here are the key news stories impacting nLight this week:

• Positive Sentiment: nLight posted Q1 EPS of $0.20 versus the $0.08 consensus estimate, while revenue of $80.18 million topped expectations and rose 55.2% year over year, signaling much stronger demand for its laser products. nLIGHT, Inc. Announces First Quarter 2026 Results
• Positive Sentiment: The company also issued Q2 revenue guidance of $75 million to $81 million, above the Street’s estimate, which suggests momentum may continue into the next quarter. nLIGHT, Inc. Announces First Quarter 2026 Results
• Positive Sentiment: Management said results were driven by strength in aerospace and defense, and the launch of the new HADES directed-energy product line adds another growth catalyst tied to military demand. nLIGHT, Inc. Launches HADES™ Line of Directed Energy Products
• Positive Sentiment: Needham raised its price target on LASR to $80 from $70 and reiterated a buy rating, reinforcing bullish analyst sentiment after the earnings report. Benzinga report
• Neutral Sentiment: Additional coverage highlighted the company’s Q1 outperformance and defense-demand momentum, but did not add materially new fundamentals beyond the earnings release. nLight (LASR) Q1 Earnings and Revenues Beat Estimates

nLight Stock Performance

Shares of nLight stock opened at $73.91 on Monday. The firm has a market capitalization of $4.17 billion, a PE ratio of -246.36 and a beta of 2.34. The business’s 50-day moving average price is $65.58 and its 200-day moving average price is $48.73. nLight has a 12 month low of $10.55 and a 12 month high of $86.95.

nLight (NASDAQ:LASR) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.08 by $0.12. nLight had a negative return on equity of 5.17% and a negative net margin of 5.08%.The firm had revenue of $80.18 million for the quarter, compared to analyst estimates of $72.14 million. During the same period in the prior year, the company earned ($0.04) EPS. The company’s revenue was up 55.2% on a year-over-year basis. As a group, analysts predict that nLight will post -0.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Joseph John Corso sold 13,038 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $61.96, for a total transaction of $807,834.48. Following the transaction, the chief financial officer directly owned 183,186 shares in the company, valued at $11,350,204.56. This trade represents a 6.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Raymond A. Link sold 10,000 shares of the firm’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 transaction, the director owned 92,576 shares in the company, valued at approximately $5,812,847.04. The trade was a 9.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,780 shares of company stock valued at $8,032,729 in the last 90 days. 3.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Wall Street Zen upgraded nLight from a “hold” rating to a “buy” rating in a research report on Saturday. Robert W. Baird assumed coverage on nLight in a research report on Wednesday, March 4th. They set an “outperform” rating and a $95.00 price objective on the stock. Raymond James Financial reiterated a “strong-buy” rating and set a $100.00 price objective on shares of nLight in a research report on Friday. Roth Mkm reiterated a “buy” rating and set a $81.00 price objective on shares of nLight in a research report on Friday, April 24th. Finally, Cantor Fitzgerald increased their price objective on nLight from $40.00 to $62.50 and gave the company an “overweight” rating in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.81.

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.