In a filing, nLIGHT Inc revealed its Chief Financial Officer Corso Joseph John unloaded Company’s shares for reported $34209.0 on Mar 04 ’25. In the deal valued at $8.18 per share,4,182 shares were sold. As a result of this transaction, Corso Joseph John now holds 131,956 shares worth roughly $1.2 million.
Then, Corso Joseph John sold 2,500 shares, generating $23,100 in total proceeds. Upon selling the shares at $9.24, the Chief Financial Officer now owns 136,138 shares.
Before that, Keeney Scott H sold 53,511 shares. nLIGHT Inc shares valued at $437,185 were divested by the President and CEO at a price of $8.17 per share. As a result of the transaction, Keeney Scott H now holds 1,267,927 shares, worth roughly $11.49 million.
Cantor Fitzgerald initiated its nLIGHT Inc [LASR] rating to an Overweight in a research note published on October 03, 2024; the price target was $15.50. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in late November from “a Hold” to “a Speculative buy”. Needham also remained covering LASR and reiterated its “Buy” recommendation on November 28, 2023. CL King started covering the stock on June 01, 2023. It rated LASR as “a Neutral”.
Price Performance Review of LASR
On Monday, nLIGHT Inc [NASDAQ:LASR] saw its stock fall -2.21% to $9.06. Over the last five days, the stock has gained 9.22%. nLIGHT Inc shares have fallen nearly -13.58% since the year began. Nevertheless, the stocks have fallen -29.46% over the past one year. While a 52-week high of $14.73 was reached on 01/24/25, a 52-week low of $7.94 was recorded on 03/04/25. SMA at 50 days reached $10.50, while 200 days put it at $11.20.
Levels Of Support And Resistance For LASR Stock
The 24-hour chart illustrates a support level at 8.79, which if violated will result in even more drops to 8.51. On the upside, there is a resistance level at 9.27. A further resistance level may holdings at 9.47. The Relative Strength Index (RSI) on the 14-day chart is 40.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.29%. Stochastics %K at 37.09% indicates the stock is a holding.
