nLight $LASR Shares Sold by Harvey Partners LLC

Harvey Partners LLC decreased its holdings in shares of nLight (NASDAQ:LASR) by 33.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,397,444 shares of the company’s stock after selling 709,904 shares during the quarter. nLight makes up 3.7% of Harvey Partners LLC’s investment portfolio, making the stock its 6th largest position. Harvey Partners LLC’s holdings in nLight were worth $41,406,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Osaic Holdings Inc. lifted its stake in 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 acquiring an additional 1,727 shares in the last quarter. Global Retirement Partners LLC purchased a new position in nLight during the 3rd quarter valued at about $49,000. Militia Capital Partners LP acquired a new position in shares of nLight in the 2nd quarter valued at about $71,000. Tower Research Capital LLC TRC increased its holdings in shares of nLight by 213.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,764 shares of the company’s stock valued at $94,000 after purchasing an additional 3,246 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its position in shares of nLight by 12.9% in the second quarter. Ameritas Investment Partners Inc. now owns 4,911 shares of the company’s stock worth $97,000 after purchasing an additional 561 shares in the last quarter. 83.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LASR. Stifel Nicolaus assumed coverage on shares of nLight in a report on Tuesday, January 20th. They set a “buy” rating and a $60.00 price target for the company. Canaccord Genuity Group upgraded shares of nLight to a “buy” rating in a research report on Wednesday, December 17th. Robert W. Baird initiated coverage on shares of nLight in a research note on Wednesday, March 4th. They set an “outperform” rating and a $95.00 target price for the company. Cantor Fitzgerald boosted their price target on shares of nLight from $40.00 to $62.50 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, Wall Street Zen downgraded shares of nLight from a “buy” rating to a “hold” rating in a research note on Sunday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $58.31.

nLight Stock Down 0.3%

NASDAQ LASR opened at $62.60 on Monday. The stock has a market capitalization of $3.49 billion, a PE ratio of -133.19 and a beta of 2.27. nLight has a 12-month low of $6.20 and a 12-month high of $69.52. The company has a 50 day moving average price of $51.32 and a two-hundred day moving average price of $39.15.

nLight (NASDAQ:LASR) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.11 by $0.03. The company had revenue of $81.19 million for 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% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.30) EPS. As a group, equities analysts anticipate that nLight will post -1.1 EPS for the current year.

Key Stories Impacting nLight

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

Insider Buying and Selling at nLight

In other nLight news, CAO James Nias sold 3,249 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $61.96, for a total transaction of $201,308.04. Following the transaction, the chief accounting officer directly owned 95,707 shares of the company’s stock, valued at $5,930,005.72. This represents a 3.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Joseph John Corso sold 13,038 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $61.96, for a total value of $807,834.48. Following the completion of the sale, the chief financial officer directly owned 183,186 shares of the company’s stock, valued at $11,350,204.56. This represents a 6.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 162,528 shares of company stock valued at $9,223,597. Corporate insiders own 6.10% of the company’s stock.

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.