Lazard Asset Management LLC Takes $1.85 Million Position in nLight $LASR

Posted by Geri Gentry on Aug 4th, 2026

Lazard Asset Management LLC acquired a new position in nLight (NASDAQ:LASR – Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 32,392 shares of the company’s stock, valued at approximately $1,847,000.

Several other hedge funds have also recently added to or reduced their stakes in LASR. Osaic Holdings Inc. grew its holdings in 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 buying an additional 1,727 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of 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 during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 last quarter. Financial Consulate Inc. bought a new stake in shares of nLight in the fourth quarter valued at approximately $41,000. Finally, Wexford Capital LP acquired a new stake in shares of nLight in the third quarter worth $41,000. Institutional investors own 83.88% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nLight in a research report on Friday, July 17th. Raymond James Financial reissued a “strong-buy” rating and issued a $100.00 price target on shares of nLight in a report on Friday, May 8th. Stifel Nicolaus raised their price target on shares of nLight from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Needham & Company LLC boosted their price objective on shares of nLight from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Roth Capital restated a “buy” rating and set a $81.00 price objective on shares of nLight in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, nLight currently has an average rating of “Buy” and a consensus target price of $80.94.

Read Our Latest Report on nLight

nLight Stock Up 1.9%

NASDAQ LASR opened at $70.11 on Tuesday. nLight has a twelve month low of $19.45 and a twelve month high of $86.95. The stock has a market cap of $3.95 billion, a P/E ratio of -233.69 and a beta of 2.31. The company’s 50-day simple moving average is $68.34 and its 200 day simple moving average is $64.05.

nLight (NASDAQ:LASR – Get Free Report) last released its quarterly earnings data 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. nLight had a negative return on equity of 4.18% and a negative net margin of 5.08%.The company had revenue of $80.18 million for the quarter, compared to the consensus estimate of $72.14 million. During the same period in the previous year, the business earned ($0.04) earnings per share. The company’s quarterly revenue was up 55.2% on a year-over-year basis. Research analysts anticipate that nLight will post -0.17 earnings per share for the current year.

Insider Buying and Selling at nLight

In related news, CEO Scott H. Keeney sold 16,089 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $74.60, for a total transaction 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 $163,003,909.40. This trade represents a 0.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through 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, CAO James Nias sold 940 shares of nLight stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $77.99, for a total transaction of $73,310.60. Following the transaction, the chief accounting officer directly owned 97,621 shares of the company’s stock, valued at $7,613,461.79. This represents 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 have sold 391,038 shares of company stock worth $28,367,419 over the last three months. Company insiders own 3.10% of the company’s stock.

nLight Company 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.