IPG Photonics (NASDAQ:IPGP) Major Shareholder Fibre Devices Ltd Ip Sells 18,111 Shares

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 18,111 shares of IPG Photonics stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $96.12, for a total transaction of $1,740,829.32. Following the completion of the sale, the insider owned 6,405,989 shares of the company’s stock, valued at $615,743,662.68. This trade represents a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Fibre Devices Ltd Ip also recently made the following trade(s):

• On Tuesday, August 4th, Fibre Devices Ltd Ip sold 12,202 shares of IPG Photonics stock. The stock was sold at an average price of $95.18, for a total transaction of $1,161,386.36.
• On Friday, July 31st, Fibre Devices Ltd Ip sold 27,000 shares of IPG Photonics stock. The shares were sold at an average price of $85.81, for a total transaction of $2,316,870.00.
• On Monday, June 29th, Fibre Devices Ltd Ip sold 65,700 shares of IPG Photonics stock. The stock was sold at an average price of $103.64, for a total transaction of $6,809,148.00.

IPG Photonics Trading Down 5.5%

NASDAQ IPGP opened at $86.70 on Friday. IPG Photonics Corporation has a 12-month low of $71.38 and a 12-month high of $155.82. The company has a fifty day simple moving average of $105.12 and a two-hundred day simple moving average of $111.82. The stock has a market cap of $3.69 billion, a P/E ratio of 133.39, a P/E/G ratio of 2.67 and a beta of 0.96.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.21. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. During the same period in the previous year, the company earned $0.16 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, sell-side analysts forecast that IPG Photonics Corporation will post 1.66 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on IPGP. Wall Street Zen lowered IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research downgraded IPG Photonics from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Stifel Nicolaus dropped their target price on IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Citigroup increased their price target on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Roth Capital reissued a “buy” rating and set a $151.00 price target on shares of IPG Photonics in a research report on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $145.20.

Institutional Investors Weigh In On IPG Photonics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd lifted its holdings in shares of IPG Photonics by 184.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 295 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of IPG Photonics by 43.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after buying an additional 166 shares during the last quarter. Global Retirement Partners LLC grew its holdings in IPG Photonics by 428.9% during the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 549 shares during the period. Hantz Financial Services Inc. grew its holdings in IPG Photonics by 332.9% during the fourth quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock worth $49,000 after acquiring an additional 526 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in IPG Photonics by 348.2% during the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 578 shares in the last quarter. 93.79% of the stock is owned by institutional investors and hedge funds.

IPG Photonics Company Profile

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.