AMH Equity Ltd Has $1.97 Million Holdings in nLight $LASR

AMH Equity Ltd trimmed its position in nLight (NASDAQ:LASR) by 16.6% in the second quarter, HoldingsChannel.com reports. The firm owned 100,000 shares of the company’s stock after selling 19,917 shares during the period. nLight comprises 2.6% of AMH Equity Ltd’s investment portfolio, making the stock its 12th largest holding. AMH Equity Ltd’s holdings in nLight were worth $1,968,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Emerald Advisers LLC acquired a new position in shares of nLight in the second quarter valued at $96,000. Y Intercept Hong Kong Ltd acquired a new position in shares of nLight in the second quarter valued at $1,773,000. Nisa Investment Advisors LLC raised its stake in shares of nLight by 162.4% in the second quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company’s stock valued at $54,000 after purchasing an additional 1,700 shares in the last quarter. Stephens Investment Management Group LLC raised its stake in shares of nLight by 13.7% in the second quarter. Stephens Investment Management Group LLC now owns 1,034,376 shares of the company’s stock valued at $20,357,000 after purchasing an additional 124,447 shares in the last quarter. Finally, AIGH Capital Management LLC acquired a new position in shares of nLight in the second quarter valued at $11,810,000. 83.88% of the stock is currently owned by institutional investors and hedge funds.

nLight Stock Performance

Shares of NASDAQ:LASR opened at $31.57 on Friday. The business’s fifty day moving average price is $30.14 and its two-hundred day moving average price is $21.30. nLight has a fifty-two week low of $6.20 and a fifty-two week high of $33.96. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of -33.23 and a beta of 2.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 5.63 and a quick ratio of 4.41.

nLight (NASDAQ:LASR) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.15. The firm had revenue of $61.74 million for the quarter, compared to analysts’ expectations of $55.24 million. nLight had a negative return on equity of 19.12% and a negative net margin of 21.66%.The business’s revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.10) earnings per share. nLight has set its Q3 2025 guidance at EPS. As a group, analysts predict that nLight will post -1.1 EPS for the current fiscal year.

Analyst Ratings Changes

LASR has been the subject of a number of recent research reports. Benchmark upped their target price on nLight from $15.00 to $25.00 and gave the company a “speculative buy” rating in a research note on Friday, August 8th. Wall Street Zen lowered nLight from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Raymond James Financial restated a “strong-buy” rating on shares of nLight in a research note on Friday, August 8th. Cantor Fitzgerald upped their price target on nLight from $27.50 to $33.50 and gave the company an “overweight” rating in a research report on Monday, September 15th. Finally, Zacks Research upgraded nLight from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, nLight presently has a consensus rating of “Buy” and an average target price of $27.42.

Insider Buying and Selling at nLight

In other news, CFO Joseph John Corso sold 3,588 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $29.73, for a total transaction of $106,671.24. Following the sale, the chief financial officer owned 265,418 shares in the company, valued at approximately $7,890,877.14. This represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Scott H. Keeney sold 62,507 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $30.99, for a total value of $1,937,091.93. Following the sale, the chief executive officer owned 2,319,038 shares in the company, valued at $71,866,987.62. The trade was a 2.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 374,980 shares of company stock worth $10,650,501 in the last 90 days. Company insiders own 4.70% of the company’s stock.

nLight 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.