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nLight (NASDAQ:LASR) CEO Sells 23,656 Shares
nLight CEO Scott Keeney sold 23,656 shares of the company’s stock for approximately $1.43 million, reducing his holdings by 1.05%. This transaction occurred after nLight surpassed its quarterly earnings expectations, reporting $0.14 EPS against an expected $0.11 and revenue of $81.19 million, a 71.3% year-over-year increase. Analysts hold a “Moderate Buy” rating on the stock, with several firms raising their price targets.