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Insider Cluster (3 insiders) ·Filed Sep 10, 2026

LASR

NLIGHT, INC.
BEARISH
Impact 5/10
Horizonweeks Processed1mo ago
Insider cluster: 3 insiders, $3.0M total
Actionable Insight ▼ Bearish

The CEO's concentrated selling at elevated prices ($40.75-$42.20) near the stock's recent highs is a cautionary signal. Monitor for any upcoming earnings pre-announcement or guidance revision that could explain the insider activity. The stock's 87% analyst bullish consensus and strong institutional ownership (BlackRock $340M, Vanguard $320M combined) provide a potential support floor, but the insider cluster suggests near-term downside risk.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+20d
LASR ▼ -4.68% at T+20d
SHORT call ✓ call won +4.68% · α vs SPY +6.55% · entry $40.37 → $38.48
Next anchor: T+60d in 5w
Latest observation: T+30 -22.73% FF3 residual α
Entry = T+0 close
Sep 10, 2026
via day close
T+1d
-4.76%
call +4.76% · α +4.31%
$38.45
settled 7w ago
T+5d
-1.31%
call +1.31% · α +0.97%
$39.84
settled 6w ago
T+20d
-4.68%
call +4.68% · α +6.55%
$38.48
settled 20d ago
T+60d
Pending
in 5w

Price Chart

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Executive Summary

CEO Scott Keeney sold ~$8.86M worth of LASR shares over a 5-day window, with CFO Joseph Corso and CAO James Nias also selling smaller amounts. The cluster totals ~$9.0M in open-market sales, representing ~0.38% of the $2.4B market cap — a modest but notable signal. While insider sales are generally less predictive than buys, the CEO's dominant share of the selling and the cluster timing warrant attention, especially given the stock's recent run-up and the 87% analyst bullish consensus.

Key Financial Metrics

Direction
selling
Total Value
$9.0M
Insiders
3

Key Facts

  • CEO Scott Keeney sold 100,000 shares at $41.01 on 2026-09-09, plus 115,252 shares across three trades on 2026-09-08 at prices from $40.75 to $42.20, totaling ~$8.86M
  • CFO Joseph Corso sold 3,524 shares at $41.49 on 2026-09-04 for ~$146K
  • CAO James Nias sold 1,000 shares at $40.69 on 2026-09-03 for ~$42K
  • Total cluster open-market sales: ~$9.0M, representing ~0.38% of LASR's $2.4B market cap
  • Prior 30-day insider activity shows 9 sells totaling $10.3M, indicating sustained selling pressure

Financial Impact

CEO sold ~$8.86M in open-market sales over 5 days; total cluster ~$9.0M (0.38% of market cap)

insider ownershipsupply-demand dynamics

Risk Factors

  • CEO selling may signal peak valuation or impending negative catalyst
  • Sustained insider selling pattern (9 sells in 30 days) could pressure stock

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
87% bullish (15 analysts)

Investment Themes

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-LASR-1789078722466
13 reports for LASR
Performance horizon
100% Hit rate @ T+20 3 of 3 directional calls Went positive at some point 4 of 4 best @ T+20▲ +15.49%Sep 17, 2026
Filters
Rows
Reports for LASR — sortable, filterable
TypeNow
Oct 27, 2026
today
Institutional Cluster
MIXED ★ 3/10
$37.33awaiting T+20—$36.71 (−1.66%)
Oct 21, 2026
6d ago
Institutional Cluster
BULLISH ★ 4/10
$36.10awaiting T+20—$36.71 (+1.69%)
Sep 17, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$39.84 $33.67▲ +15.49%▲ +15.69%$36.71 (+7.86%)
Sep 10, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$40.37 $38.48▲ +4.68%▲ +6.55%$36.71 (+9.07%)
Sep 8, 2026
7w ago
Insider Cluster
BEARISH ★ 4/10
$40.99 $39.88▲ +2.71%▲ +4.91%$36.71 (+10.44%)
Sep 1, 2026
8w ago
Insider Cluster
NEUTRAL ★ 4/10
$39.39 $38.95▼ −1.13%▼ −1.05%$36.71 (−6.80%)
Jun 5, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$66.77 $65.30▼ −2.20%▼ −3.83%$36.71 (−45.02%)
Jun 5, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$66.77 $65.30▼ −2.20%▼ −3.83%$36.71 (−45.02%)
May 21, 2026
22w ago
Insider Cluster
NEUTRAL ★ 4/10
$78.55 $62.75▼ −20.11%▼ −18.69%$36.71 (−53.26%)
May 19, 2026
23w ago
Insider Cluster
MIXED ★ 5/10
$71.30 $64.73▼ −9.21%▼ −9.96%$36.71 (−48.51%)
Showing 10 of 13

US Market Status

Market Closed — Opens Thu (12h 18m)

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Report published Sep 10, 2026