Keeney, Nlight president and CEO, sells $443,876 in stock

Nlight NASDAQ:LASR President and CEO Scott H. Keeney sold 15,391 shares of common stock on September 12, 2025, according to a new SEC filing. The shares were sold at an average price of $28.84, for a total value of $443,876. The sales were executed in multiple transactions at prices ranging from $28.62 to $29.12. The stock, currently trading at $29.41, has seen remarkable gains of nearly 230% over the past six months and is approaching its 52-week high of $30.56.

Following the transaction, Keeney directly owns 2,381,545 shares of Nlight.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 12, 2025.

In other recent news, Nlight reported better-than-expected results for the June quarter, with a notable 22% increase in revenue, surpassing both its guidance and Street expectations. The company’s Aerospace & Defense segment was a significant contributor to this performance, driving robust growth. Following these results, Nlight provided third-quarter guidance that exceeded consensus estimates, indicating continued strength in its operations. Analysts have responded positively to these developments, with Stifel raising its price target for Nlight to $26 while maintaining a Buy rating. Raymond James also increased its price target to $28, citing strong performance in the aerospace and defense sector and positive indicators for global demand in directed energy products. Similarly, Needham raised its price target to $28, maintaining a Buy rating due to the strong defense growth observed. Additionally, Nlight’s board approved special one-time grants of performance-based restricted stock units to its CEO, Scott Keeney, and CFO, Joseph Corso. These grants are contingent upon achieving specific stock price targets and continued service.

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