8,931 Shares in nLight $LASR Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA purchased a new position in shares of nLight (NASDAQ:LASR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,931 shares of the company’s stock, valued at approximately $335,000.

Other large investors have also added to or reduced their stakes in the company. Osaic Holdings Inc. grew its position in nLight by 1,599.1% during the second quarter. Osaic Holdings Inc. now owns 1,835 shares of the company’s stock worth $36,000 after buying an additional 1,727 shares in the last quarter. Financial Consulate Inc. acquired a new stake in nLight during the fourth quarter worth approximately $41,000. Wexford Capital LP acquired a new stake in nLight during the third quarter worth approximately $41,000. Global Retirement Partners LLC acquired a new stake in nLight during the third quarter worth approximately $49,000. Finally, Militia Capital Partners LP acquired a new stake in nLight during the second quarter worth approximately $71,000. Institutional investors and hedge funds own 83.88% of the company’s stock.

Insiders Place Their Bets

In other nLight news, CEO Scott H. Keeney sold 19,096 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $58.80, for a total value of $1,122,844.80. Following the sale, the chief executive officer owned 2,210,029 shares of the company’s stock, valued at approximately $129,949,705.20. This trade represents a 0.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Raymond A. Link sold 6,644 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $63.28, for a total value of $420,432.32. Following the completion of the transaction, the director owned 77,172 shares of the company’s stock, valued at $4,883,444.16. The trade was a 7.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 130,780 shares of company stock worth $8,032,729. 3.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

LASR has been the topic of a number of analyst reports. Stifel Nicolaus reissued a “buy” rating and set a $75.00 price target (up from $68.00) on shares of nLight in a research report on Friday, April 17th. Roth Mkm reissued a “buy” rating and set a $81.00 price target on shares of nLight in a research report on Friday, April 24th. Needham & Company LLC raised their target price on nLight from $70.00 to $80.00 and gave the company a “buy” rating in a report on Friday. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $100.00 target price on shares of nLight in a report on Friday. Finally, Wall Street Zen raised nLight from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, nLight presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.81.

nLight Stock Performance

Shares of LASR stock opened at $73.91 on Monday. The stock’s fifty day moving average price is $65.58 and its two-hundred day moving average price is $48.73. The company has a market cap of $4.17 billion, a PE ratio of -246.36 and a beta of 2.34. nLight has a fifty-two week low of $10.55 and a fifty-two week high of $86.95.

nLight (NASDAQ:LASR) last issued its earnings results on Thursday, May 7th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.12. The firm had revenue of $80.18 million for the quarter, compared to the consensus estimate of $72.14 million. nLight had a negative return on equity of 5.17% and a negative net margin of 5.08%.The company’s revenue was up 55.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.04) EPS. On average, equities analysts predict that nLight will post -0.43 EPS for the current fiscal year.

nLight News Roundup

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 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.