LASR NLIGHT, INC.
Price Chart
Executive Summary
Three insiders at NLIGHT, including the CEO and CFO, sold a total of $4.70M in open-market sales over a 7-day window. The CEO alone sold $3.20M on May 19, and the CFO sold $1.39M on May 18. At a $4.0B market cap, the cluster represents ~0.12% of market cap — modest but notable given the C-suite participation and the absence of 10b5-1 pattern evidence. The sales cluster around a period of elevated stock price ($68-$71 range), suggesting profit-taking or liquidity diversification rather than a bearish signal, consistent with the weak predictive power of insider sales clusters per the literature.
Key Financial Metrics
Actionable Insight
The CEO and CFO selling concurrently without a clear 10b5-1 pattern is worth monitoring, but the dollar amount is modest relative to market cap. Watch for any upcoming earnings pre-announcement or material news that could explain the timing. The cluster does not warrant a bearish stance by itself, but the sustained selling trend (30d total $12.8M) suggests insiders are taking advantage of elevated prices.
Key Facts
- Total insider sales of $4.70M over 7 days, representing ~0.12% of $4.0B market cap
- CEO Scott Keeney sold $3.20M on May 19 and $3.20M on May 18, totaling $6.40M across two days
- CFO Joseph Corso sold $1.39M on May 18
- CAO James Nias sold $111K on May 18
- No 10b5-1 plan evidence or regular pattern in dates/sizes to suggest routine selling
- Stock traded in $68-$71 range during sales, near recent highs
- Prior 30d insider activity: 9 sells totaling $12.8M, indicating sustained selling pressure
Financial Impact
Total insider sales of $4.70M, ~0.12% of market cap
Risk Factors
- Insider sales could precede negative news if informational, though cluster sales are weak predictors
- Sustained selling by C-suite may signal peak valuation concerns
- No offsetting insider buying to provide confidence signal
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LASR-1779409607525 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
9d ago
|
Insider Cluster
| $65.96 awaiting T+5 | awaiting T+5 | — | $69.66 (+5.61%) |
|
Jun 5, 2026
9d ago
|
Insider Cluster
| $71.05 awaiting T+5 | awaiting T+5 | — | $69.66 (−1.96%) |
|
May 22, 2026
24d ago
|
Insider Cluster
| $78.55 $70.58 | ▼ −10.14% | ▼ −11.80% | $69.66 (−11.31%) |
|
May 20, 2026
26d ago
|
Insider Cluster
| $71.30 $79.15 | ▲ +11.01% | ▲ +9.21% | $69.66 (−2.30%) |
|
Apr 24, 2026
7w ago
|
DEFA14A
| $75.79 $69.85 | ▼ −7.84% | ▼ −8.75% | $69.66 (−8.09%) |
|
Mar 6, 2026
14w ago
|
Insider Cluster
| $58.64 $62.60 | ▲ +6.75% | ▲ +8.28% | $69.66 (+18.79%) |
|
Mar 5, 2026
14w ago
|
Insider Cluster
| $62.56 $62.77 | ▼ −0.34% | ▼ −2.57% | $69.66 (−11.35%) |
US Market Status
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