IPG Photonics (NASDAQ:IPGP) CFO Sells $1,195,104.75 in Stock

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) CFO Timothy Pv Mammen sold 9,975 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $119.81, for a total value of $1,195,104.75. Following the completion of the transaction, the chief financial officer directly owned 76,438 shares of the company’s stock, valued at $9,158,036.78. This represents a 11.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

IPG Photonics Price Performance

NASDAQ IPGP traded up $0.82 during trading hours on Tuesday, reaching $119.82. The company’s stock had a trading volume of 577,141 shares, compared to its average volume of 550,839. The firm has a fifty day simple moving average of $115.69 and a 200-day simple moving average of $101.65. IPG Photonics Corporation has a 52 week low of $64.93 and a 52 week high of $155.82. The stock has a market cap of $5.09 billion, a P/E ratio of 173.65, a P/E/G ratio of 3.47 and a beta of 0.97.

IPG Photonics (NASDAQ:IPGPGet Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The business had revenue of $265.50 million for the quarter, compared to the consensus estimate of $256.99 million. IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The company’s revenue was up 16.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 earnings per share. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, research analysts expect that IPG Photonics Corporation will post 1.65 earnings per share for the current year.

Hedge Funds Weigh In On IPG Photonics

Several hedge funds and other institutional investors have recently bought and sold shares of IPGP. Oregon Public Employees Retirement Fund raised its position in shares of IPG Photonics by 2.0% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock worth $589,000 after acquiring an additional 100 shares in the last quarter. State of Michigan Retirement System boosted its position in shares of IPG Photonics by 1.7% during the 1st quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company’s stock valued at $699,000 after purchasing an additional 100 shares in the last quarter. Assetmark Inc. grew its stake in IPG Photonics by 6.8% during the fourth quarter. Assetmark Inc. now owns 1,820 shares of the semiconductor company’s stock worth $130,000 after purchasing an additional 116 shares during the period. Deutsche Bank AG increased its holdings in IPG Photonics by 6.1% in the fourth quarter. Deutsche Bank AG now owns 2,214 shares of the semiconductor company’s stock worth $159,000 after purchasing an additional 128 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in IPG Photonics by 17.0% in the first quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 133 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

Analysts Set New Price Targets

IPGP has been the subject of several analyst reports. Citigroup raised their target price on IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Zacks Research cut IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Raymond James Financial downgraded IPG Photonics from a “strong-buy” rating to an “outperform” rating and raised their price objective for the stock from $97.00 to $180.00 in a research report on Friday, February 13th. Roth Mkm reaffirmed a “buy” rating and issued a $151.00 price objective on shares of IPG Photonics in a research note on Tuesday, May 19th. Finally, Stifel Nicolaus reduced their target price on IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $135.50.

Check Out Our Latest Stock Analysis on IPG Photonics

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

Insider Buying and Selling by Quarter for IPG Photonics (NASDAQ:IPGP)

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