IPG Photonics Corporation (NASDAQ:IPGP) Given Average Rating of “Moderate Buy” by Analysts

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) has received an average rating of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $91.6667.

Several brokerages have recently weighed in on IPGP. Roth Mkm upped their price objective on IPG Photonics from $105.00 to $110.00 and gave the company a “buy” rating in a report on Tuesday. Stifel Nicolaus set a $92.00 target price on IPG Photonics in a report on Tuesday, November 4th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a report on Monday, December 29th. Benchmark restated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, December 10th. Finally, Zacks Research upgraded shares of IPG Photonics from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 15th.

Read Our Latest Report on IPG Photonics

IPG Photonics Price Performance

IPGP opened at $109.61 on Tuesday. The business has a 50 day moving average price of $81.82 and a two-hundred day moving average price of $81.48. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of 179.69, a price-to-earnings-growth ratio of 13.86 and a beta of 1.03. IPG Photonics has a 1-year low of $48.59 and a 1-year high of $110.00.

Insider Buying and Selling at IPG Photonics

In other news, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $76.13, for a total transaction of $3,646,703.13. Following the completion of the sale, the insider owned 6,926,099 shares in the company, valued at approximately $527,283,916.87. This represents a 0.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $76.36, for a total value of $2,672,600.00. Following the sale, the insider directly owned 6,721,503 shares of the company’s stock, valued at approximately $513,253,969.08. This represents a 0.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 470,913 shares of company stock worth $36,233,025 in the last ninety days. 39.50% of the stock is owned by corporate insiders.

Institutional Trading of IPG Photonics

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc boosted its holdings in shares of IPG Photonics by 51.1% in the third quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock worth $27,000 after buying an additional 116 shares during the period. True Wealth Design LLC lifted its position in shares of IPG Photonics by 1,621.7% in the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 373 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in IPG Photonics by 207.1% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 290 shares during the period. Global Retirement Partners LLC grew its position in IPG Photonics by 428.9% during the 4th quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 549 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in IPG Photonics by 348.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 578 shares during the period. Institutional investors and hedge funds own 93.79% of the company’s stock.

About IPG Photonics

(Get Free Report)

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.

Further Reading

Analyst Recommendations for IPG Photonics (NASDAQ:IPGP)

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