Driehaus Capital Management Adds $72M in nLIGHT, Inc. ($LASR)
Key Points
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Driehaus Capital Management increased its position in nLIGHT, Inc. ($LASR) by 141.99% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,772,697 shares of nLIGHT, Inc. after buying 1,040,150 shares during the quarter. Driehaus Capital Management's holdings in nLIGHT, Inc. were worth $123.42 million as of its most recent filing.
nLIGHT, Inc. Stock Up 62.1%
Shares of nLIGHT, Inc. ($LASR) traded around $69.62 on Saturday, up 62.1% for the day.
nLIGHT, Inc. Earnings
Analysts Set New Price Targets
About nLIGHT, Inc.
nLIGHT, Inc. engages in the design, development, manufacture, and sale of semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It operates through two segments, Laser Products and Advanced Development. The company offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in aerospace and defense and industrial applications. It also provides fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications. The company sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.
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