Street Calls of the Week
Nlight, Inc. (NASDAQ:LASR) Chief Accounting Officer Nias James sold 540 shares of common stock on September 4, 2025, at a price of $29.14, for a total transaction value of $15,735. The sale comes as the company’s stock trades near its 52-week high of $30, having delivered an impressive return of over 200% in the past six months. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
Following the transaction, Nias James directly owns 99,704 shares of Nlight, Inc., which includes common stock and unvested restricted stock units. The company, currently valued at $1.43 billion, is expected to return to profitability this year, according to analyst forecasts available on InvestingPro, which offers 12 additional key insights about LASR’s financial health and market position.
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the Issuer’s election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
In other recent news, Nlight reported a strong second-quarter performance with a 22% increase in revenue, surpassing both its guidance and market expectations. The company’s Aerospace & Defense segment was a significant contributor to this growth, leading to a positive outlook for the third quarter. Following these results, Stifel, Raymond James, and Needham raised their price targets for Nlight, with the latter two firms setting the new target at $28. Stifel’s new price target is $26, with all three firms maintaining a buy rating due to the company’s robust performance.
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 certain stock price targets and continued service. In governance news, Nlight appointed Mark Hartman to its Board of Directors, replacing Doug Carlisle, who resigned after over two decades of service. Hartman will also join the Audit Committee, bringing fresh expertise to the board. These developments reflect the company’s strategic moves to strengthen its leadership and capitalize on its recent successes.
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