Nlight director William Gossman sells $665,400 in shares

On August 28, 2026, NLIGHT Inc. (NASDAQ: LASR) Director William Gossman sold 15,000 shares of the company's common stock for a total of $665,400. This sale occurred after Gossman exercised options granting him the ability to acquire an additional 15,000 shares at a price of $1.10 per share. The shares were sold at $44.36 each, following a Rule 10b5-1 trading plan Gossman put in place on May 29, 2026.

After the sale, NLIGHT's shares have dropped to $40.32, which is typical of the stock's high volatility, as the beta for NLIGHT is 2.36. InvestingPro analysis suggests that the stock is overvalued and highlights Nlight as one of the companies on the Most Overvalued list. Gossman now owns 100,251 shares of NLIGHT common stock, including both directly owned shares and unvested restricted stock units.

Despite the recent decline in stock value, NLIGHT has reported impressive financial growth, with a 43% increase in revenue. Analysts have price targets ranging from $81 to $100 for the company. Recently, Nlight announced its second-quarter 2026 earnings, which exceeded expectations with earnings per share of $0.15 and revenue of $82.59 million.

The company, however, issued cautious guidance for the third quarter, citing a supply chain disruption that will delay approximately $17 million in product revenue. Following the earnings report, NLIGHT's stock price experienced a significant drop in after-hours trading. Needham recently reiterated its Buy rating for Nlight, emphasizing a 34% year-over-year revenue growth driven by a 41% increase in the aerospace and defense business.

The price target set by Needham is $90.00. Stifel also maintained a Buy rating with an $85.00 price target, seeing Nlight's limited exposure to China as a reason to view the recent market sell-off as an opportunity. Both firms express confidence in NLIGHT's future prospects, even with the current challenges. This report was produced with AI assistance and reviewed by an editor.