IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells $6,809,148.00 in Stock

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the stock in a transaction on Monday, June 29th. The shares were sold at an average price of $103.64, for a total value of $6,809,148.00. Following the completion of the transaction, the insider owned 6,463,302 shares of the company’s stock, valued at $669,856,619.28. The trade was a 1.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

IPG Photonics Price Performance

Shares of IPGP stock opened at $105.27 on Friday. The firm has a market capitalization of $4.47 billion, a P/E ratio of 152.57, a P/E/G ratio of 3.06 and a beta of 0.94. IPG Photonics Corporation has a twelve month low of $71.01 and a twelve month high of $155.82. The stock’s fifty day simple moving average is $112.43 and its 200 day simple moving average is $108.09.

IPG Photonics (NASDAQ:IPGPGet Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The firm had revenue of $265.50 million during the quarter, compared to analyst estimates of $256.99 million. IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.IPG Photonics’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.09 EPS. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. As a group, equities research analysts expect that IPG Photonics Corporation will post 1.66 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wall Street Zen lowered shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup boosted their target price 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. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Zacks Research cut shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $151.00 price target on shares of IPG Photonics in a research note on Tuesday, May 19th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $135.50.

View Our Latest Stock Report on IPGP

Institutional Investors Weigh In On IPG Photonics

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its stake in shares of IPG Photonics by 184.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 295 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in IPG Photonics by 43.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 166 shares during the last quarter. Global Retirement Partners LLC increased 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 valued at $48,000 after purchasing an additional 549 shares during the period. Hantz Financial Services Inc. raised its holdings in IPG Photonics by 332.9% during the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 526 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $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.

See Also

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

Receive News & Ratings for IPG Photonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IPG Photonics and related companies with MarketBeat.com's FREE daily email newsletter.