Stephens Investment Management Group LLC Decreases Stake in nLight $LASR

Posted by Francis Steltz on Jul 6th, 2026

Stephens Investment Management Group LLC cut its stake in shares of nLight (NASDAQ:LASR – Free Report) by 34.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 496,331 shares of the company’s stock after selling 264,398 shares during the quarter. Stephens Investment Management Group LLC’s holdings in nLight were worth $28,301,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Osaic Holdings Inc. increased its holdings 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 valued at $36,000 after purchasing an additional 1,727 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in nLight by 7,142.9% during the fourth quarter. Sunbelt Securities Inc. now owns 1,014 shares of the company’s stock worth $38,000 after buying an additional 1,000 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in nLight by 155.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,062 shares of the company’s stock worth $40,000 after buying an additional 647 shares during the period. Financial Consulate Inc. purchased a new position in nLight in the fourth quarter valued at about $41,000. Finally, Wexford Capital LP purchased a new position in nLight in the third quarter valued at about $41,000. 83.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at nLight

In related news, CEO Scott H. Keeney sold 46,735 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $68.48, for a total transaction of $3,200,412.80. Following the sale, the chief executive officer owned 2,375,519 shares of the company’s stock, valued at $162,675,541.12. This trade represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Joseph John Corso sold 35,476 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $70.40, for a total value of $2,497,510.40. Following the sale, the chief financial officer directly owned 177,572 shares in the company, valued at approximately $12,501,068.80. The trade was a 16.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 391,038 shares of company stock valued at $28,367,419 in the last three months. 3.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

LASR has been the topic of several research analyst reports. William Blair began coverage on nLight in a research note on Friday, March 27th. They set an “outperform” rating on the stock. Wall Street Zen raised nLight from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nLight in a report on Tuesday, April 21st. Needham & Company LLC boosted their target price on nLight from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Stifel Nicolaus upped their target price on nLight from $75.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $75.50.

Read Our Latest Report on LASR

nLight Price Performance

Shares of NASDAQ LASR opened at $63.25 on Monday. nLight has a 12-month low of $17.84 and a 12-month high of $86.95. The company has a market capitalization of $3.57 billion, a PE ratio of -210.83 and a beta of 2.30. The firm’s 50-day moving average is $70.81 and its two-hundred day moving average is $59.69.

nLight (NASDAQ:LASR – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.12. nLight had a negative net margin of 5.08% and a negative return on equity of 4.18%. The business had revenue of $80.18 million during the quarter, compared to analysts’ expectations of $72.14 million. During the same period last year, the company posted ($0.04) EPS. The company’s revenue was up 55.2% on a year-over-year basis. On average, analysts forecast that nLight will post -0.17 EPS for the current fiscal year.

About nLight

(Free Report)

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.