Inceptionr LLC Invests $264,000 in IPG Photonics Corporation $IPGP

Inceptionr LLC acquired a new position in shares of IPG Photonics Corporation (NASDAQ:IPGPFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,840 shares of the semiconductor company’s stock, valued at approximately $264,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IPGP. Sumitomo Mitsui Trust Group Inc. increased its position in IPG Photonics by 85.8% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock worth $121,830,000 after purchasing an additional 819,575 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of IPG Photonics by 1,918.3% in the 1st quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock valued at $90,242,000 after buying an additional 1,358,428 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of IPG Photonics by 188.6% in the 1st quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock valued at $40,208,000 after buying an additional 416,186 shares in the last quarter. M&G PLC increased its holdings in IPG Photonics by 263.9% in the second quarter. M&G PLC now owns 600,020 shares of the semiconductor company’s stock worth $41,401,000 after buying an additional 435,122 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in IPG Photonics by 2.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company’s stock valued at $23,842,000 after acquiring an additional 7,978 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

Insider Transactions at IPG Photonics

In other IPG Photonics news, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $80.71, for a total value of $4,222,747.20. Following the sale, the insider owned 7,073,279 shares of the company’s stock, valued at $570,884,348.09. This trade represents a 0.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $82.10, for a total value of $2,873,500.00. Following the completion of the transaction, the insider directly owned 6,849,837 shares in the company, valued at approximately $562,371,617.70. This represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 475,771 shares of company stock worth $38,205,473 over the last quarter. 39.50% of the stock is currently owned by corporate insiders.

IPG Photonics Trading Up 1.6%

NASDAQ IPGP opened at $79.79 on Friday. IPG Photonics Corporation has a 1 year low of $48.59 and a 1 year high of $92.21. The company has a fifty day simple moving average of $82.89 and a 200 day simple moving average of $77.06. The company has a market cap of $3.36 billion, a P/E ratio of -16.28, a P/E/G ratio of 23.95 and a beta of 1.04.

IPG Photonics (NASDAQ:IPGPGet Free Report) last announced its earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.16 by $0.19. The firm had revenue of $250.79 million for the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Equities research analysts forecast that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on IPGP shares. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research report on Tuesday. Sanford C. Bernstein raised shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price objective for the company in a research note on Thursday, August 7th. Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Citigroup raised shares of IPG Photonics from a “sell” rating to a “buy” rating and increased their target price for the stock from $68.00 to $105.00 in a research report on Wednesday, November 5th. Finally, Stifel Nicolaus set a $92.00 target price on IPG Photonics in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, IPG Photonics currently has an average rating of “Moderate Buy” and an average price target of $89.33.

Read Our Latest Analysis on IPGP

About IPG Photonics

(Free Report)

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.

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Institutional Ownership by Quarter for IPG Photonics (NASDAQ:IPGP)

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