10,000 Shares in nLight $LASR Acquired by Wesbanco Bank Inc.

Wesbanco Bank Inc. purchased a new position in shares of nLight (NASDAQ:LASR) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $375,000.

Other large investors have also recently made changes to their positions in the company. Osaic Holdings Inc. grew its position in shares of 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 buying an additional 1,727 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of nLight in the 4th quarter worth approximately $41,000. Wexford Capital LP bought a new stake in shares of nLight in the 3rd quarter worth approximately $41,000. SBI Securities Co. Ltd. grew its position in shares of nLight by 22.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,225 shares of the company’s stock worth $46,000 after buying an additional 223 shares during the last quarter. Finally, Global Retirement Partners LLC bought a new stake in shares of nLight in the 3rd quarter worth approximately $49,000. 83.88% of the stock is currently owned by institutional investors.

Key Headlines Impacting nLight

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

Analyst Ratings Changes

LASR has been the topic of a number of recent analyst reports. Cantor Fitzgerald lifted their price objective on nLight from $40.00 to $62.50 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Stifel Nicolaus reiterated a “buy” rating and issued a $75.00 price objective (up from $68.00) on shares of nLight in a research report on Friday, April 17th. William Blair initiated coverage on nLight in a research report on Friday, March 27th. They issued an “outperform” rating on the stock. Robert W. Baird initiated coverage on nLight in a research report on Wednesday, March 4th. They issued an “outperform” rating and a $95.00 price objective on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of nLight in a research report on Tuesday, April 21st. One equities 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 MarketBeat.com, nLight currently has a consensus rating of “Moderate Buy” and an average price target of $67.81.

Insider Transactions at nLight

In other 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 value of $807,834.48. Following the completion of the transaction, the chief financial officer 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 document filed with the SEC, which is available through this hyperlink. Also, Director Raymond A. Link sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $62.79, for a total value of $627,900.00. Following the completion of the transaction, the director owned 92,576 shares of the company’s stock, valued at approximately $5,812,847.04. The trade was a 9.75% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 130,780 shares of company stock worth $8,032,729. 3.10% of the stock is owned by company insiders.

nLight Price Performance

LASR opened at $73.91 on Monday. The stock has a market cap of $4.17 billion, a PE ratio of -246.36 and a beta of 2.34. The business has a 50 day moving average of $65.58 and a 200-day moving average of $48.73. nLight has a 52 week low of $10.55 and a 52 week high of $86.95.

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

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.