Granahan Investment Management LLC Takes $10.56 Million Position in nLight $LASR

Posted by George Bondi on Jul 25th, 2026

Granahan Investment Management LLC acquired a new stake in shares of nLight (NASDAQ:LASR – Free Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 185,271 shares of the company’s stock, valued at approximately $10,564,000.

Other large investors have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of nLight in the first quarter worth approximately $52,000. Sunbelt Securities Inc. raised its stake 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 purchasing an additional 1,000 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of nLight by 155.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,062 shares of the company’s stock valued at $40,000 after purchasing an additional 647 shares during the last quarter. Financial Consulate Inc. acquired a new position in shares of nLight in the 4th quarter valued at $41,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of nLight by 7,871.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,116 shares of the company’s stock valued at $42,000 after purchasing an additional 1,102 shares during the last quarter. 83.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LASR shares. Raymond James Financial restated a “strong-buy” rating and set a $100.00 price objective on shares of nLight in a report on Friday, May 8th. UBS Group set a $90.00 target price on nLight in a report on Friday, July 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of nLight in a research report on Friday, July 17th. Wall Street Zen lowered nLight from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Needham & Company LLC raised their price objective on nLight from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $80.94.

Check Out Our Latest Research Report on LASR

Insider Transactions at nLight

In other news, CEO Scott H. Keeney sold 16,089 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $74.60, for a total value of $1,200,239.40. Following the completion of the sale, the chief executive officer owned 2,185,039 shares in the company, valued at approximately $163,003,909.40. This trade represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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, CAO James Nias sold 940 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $77.99, for a total value of $73,310.60. Following the sale, the chief accounting officer owned 97,621 shares in the company, valued at approximately $7,613,461.79. The trade was a 0.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 391,038 shares of company stock valued at $28,367,419 over the last quarter. Company insiders own 3.10% of the company’s stock.

nLight Trading Down 4.1%

NASDAQ:LASR opened at $70.02 on Friday. The firm’s fifty day simple moving average is $69.35 and its 200 day simple moving average is $62.78. nLight has a twelve month low of $18.62 and a twelve month high of $86.95. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of -233.39 and a beta of 2.30.

nLight (NASDAQ:LASR – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.12. nLight had a negative return on equity of 4.18% and a negative net margin of 5.08%.The firm had revenue of $80.18 million during the quarter, compared to the consensus estimate of $72.14 million. During the same period in the prior year, the firm earned ($0.04) EPS. The firm’s quarterly revenue was up 55.2% compared to the same quarter last year. On average, analysts predict that nLight will post -0.17 earnings per share for the current year.

nLight Profile

(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.