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Nlight, INC. (NASDAQ:LASR) President and CEO Scott H. Keeney sold 6,316 shares of common stock on June 18, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the stock has shown remarkable momentum, with InvestingPro data showing a 76% return over the past six months. The shares were sold at a weighted average price of $19.13, with individual sales prices ranging from $19.00 to $19.19, for a total transaction value of $120,825. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with eight analysts recently revising their earnings expectations upward for the upcoming period.
Following the transaction, Keeney directly owns 1,240,222 shares of Nlight, INC., which includes common stock owned, unvested restricted stock awards, and units.
The sale was executed under a Rule 10b5-1 trading plan adopted by Keeney on June 12, 2024. The filing was signed by Julie Dimmick, as attorney-in-fact, on June 23, 2025.
In other recent news, nLIGHT Inc . has reported its Q1 2025 earnings, slightly surpassing expectations with an earnings per share (EPS) of -$0.16, compared to the forecasted -$0.17. The company also exceeded revenue expectations, posting $51.7 million against an anticipated $47.71 million. This growth was primarily driven by a robust performance in the aerospace and defense sector, which saw a 50.4% year-over-year increase. The company highlighted ongoing challenges in the commercial market, with a 16.8% decline in revenue year-over-year.
Raymond (NSE:RYMD) James maintained a strong buy rating on nLIGHT, with a target price of $20, citing the company’s solid performance in its aerospace and defense segments. The firm noted that nLIGHT’s strategic pivot towards defense is expected to enhance growth and improve margins. Additionally, nLIGHT appointed Mark Hartman to its Board of Directors, replacing Doug Carlisle. Hartman, a former CFO of Woodward (NASDAQ:WWD) Inc., brings significant financial management experience to the company.
These developments indicate nLIGHT’s strategic focus on defense applications, which now account for 63% of its total sales. The company is optimistic about its future growth, anticipating a 25% increase in aerospace and defense revenue in 2025. However, it continues to face challenges in the commercial market, particularly in the industrial sector.
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