Divisar Capital Management LLC trimmed its holdings in shares of nLight (NASDAQ:LASR – Free Report) by 48.8% in the third quarter, Holdings Channel reports. The firm owned 575,443 shares of the company’s stock after selling 548,133 shares during the period. nLight makes up 4.6% of Divisar Capital Management LLC’s portfolio, making the stock its 12th biggest position. Divisar Capital Management LLC’s holdings in nLight were worth $17,050,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in LASR. Osaic Holdings Inc. raised its position in nLight by 1,599.1% in the second quarter. Osaic Holdings Inc. now owns 1,835 shares of the company’s stock valued at $36,000 after purchasing an additional 1,727 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of nLight in the third quarter worth about $49,000. Militia Capital Partners LP acquired a new stake in shares of nLight in the second quarter valued at about $71,000. Tower Research Capital LLC TRC grew its stake in shares of nLight by 213.8% in the second quarter. Tower Research Capital LLC TRC now owns 4,764 shares of the company’s stock valued at $94,000 after buying an additional 3,246 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its holdings 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 valued at $97,000 after buying an additional 561 shares during the period. 83.88% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at nLight
In related news, CFO Joseph John Corso sold 13,038 shares of nLight 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 transaction, the chief financial officer directly owned 183,186 shares in the company, valued at approximately $11,350,204.56. This trade represents a 6.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Scott H. Keeney sold 32,239 shares of nLight stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $61.96, for a total value of $1,997,528.44. Following the completion of the transaction, the chief executive officer owned 2,252,781 shares of the company’s stock, valued at $139,582,310.76. This trade represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 162,528 shares of company stock worth $9,223,597. 6.10% of the stock is currently owned by company insiders.
nLight Trading Down 0.3%
nLight (NASDAQ:LASR – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The firm had revenue of $81.19 million for the quarter, compared to the consensus estimate of $76.71 million. nLight had a negative net margin of 8.98% and a negative return on equity of 9.28%. The firm’s revenue was up 71.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.30) EPS. As a group, equities research analysts forecast that nLight will post -1.1 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on LASR shares. Zacks Research lowered nLight from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Wall Street Zen lowered shares of nLight from a “buy” rating to a “hold” rating in a research note on Sunday. Cantor Fitzgerald upped their target price on shares of nLight from $40.00 to $62.50 and gave the company an “overweight” rating in a research note on Friday, February 27th. Canaccord Genuity Group upgraded shares of nLight to a “buy” rating in a research note on Wednesday, December 17th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nLight in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, nLight currently has an average rating of “Moderate Buy” and an average price target of $58.31.
Read Our Latest Research Report on LASR
More 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
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.
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