nLIGHT Inc (NASDAQ: LASR) is 11.25% higher on its value in year-to-date trading and has touched a low of $6.20 and a high of $14.73 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LASR stock was last observed hovering at around $8.61 in the last trading session, with the day’s gains setting it 3.06%.
Currently trading at $11.67, the stock is 47.66% and 43.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing 35.54% at the moment leaves the stock 12.91% off its SMA200. LASR registered -8.76% loss for a year compared to 6-month loss of -6.19%.
The stock witnessed a 52.95% gain in the last 1 month and extending the period to 3 months gives it a 7.76%, and is 37.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.58% over the week and 5.13% over the month.
nLIGHT Inc (LASR) has around 800 employees, a market worth around $576.96M and $205.69M in sales. Profit margin for the company is -26.80%. Distance from 52-week low is 88.23% and -20.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.70%).
with sales reaching $50.16M over the same period.The EPS is expected to grow by 52.88% this year, but quarterly earnings will post 4.81% year-over-year. Quarterly sales are estimated to shrink -0.70% in year-over-year returns.
nLIGHT Inc (LASR) Top Institutional Holders
The shares outstanding are 49.44M, and float is at 46.79M with Short Float at 4.51%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.15 million shares valued at $56.24 million. The investor’s holdings represent 10.7969% of the LASR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.56 million shares valued at $38.93 million to account for 7.4732 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 3.2 million shares representing 6.7179% and valued at over $34.99 million, while ROYCE & ASSOCIATES LP holds 5.2581 of the shares totaling 2.51 million with a market value of $27.39 million.
nLIGHT Inc (LASR) Insider Activity
The most recent transaction is an insider sale by Corso Joseph John, the company’s Chief Financial Officer. SEC filings show that Corso Joseph John sold 4,182 shares of the company’s common stock on Mar 04 ’25 at a price of $8.18 per share for a total of $34209.0. Following the sale, the insider now owns 0.13 million shares.
nLIGHT Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Corso Joseph John (Chief Financial Officer) sold a total of 2,500 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $9.24 per share for $23100.0. Following the transaction, the insider now directly holds 0.14 million shares of the LASR stock.
Still, SEC filings show that on Mar 04 ’25, Keeney Scott H (President and CEO) disposed off 53,511 shares at an average price of $8.17 for $0.44 million. The insider now directly holds 1,267,927 shares of nLIGHT Inc (LASR).
