Waterfront Wealth Inc. decreased its stake in IPG Photonics Corporation (NASDAQ:IPGP – Free Report) by 26.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,510 shares of the semiconductor company’s stock after selling 6,899 shares during the quarter. Waterfront Wealth Inc.’s holdings in IPG Photonics were worth $2,236,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of IPGP. Caitong International Asset Management Co. Ltd increased 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 last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of IPG Photonics by 43.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after acquiring an additional 166 shares in the last quarter. Global Retirement Partners LLC boosted its position in IPG Photonics by 428.9% during the fourth 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 last quarter. Hantz Financial Services Inc. boosted its position in IPG Photonics by 332.9% during the fourth quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 526 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake 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 valued at $51,000 after buying an additional 578 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.
Insider Transactions at IPG Photonics
In other news, CFO Timothy Pv Mammen sold 9,975 shares of IPG Photonics stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $119.81, for a total transaction of $1,195,104.75. Following the sale, the chief financial officer owned 76,438 shares of the company’s stock, valued at approximately $9,158,036.78. This trade represents a 11.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jeanmarie F. Desmond sold 1,690 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $105.58, for a total value of $178,430.20. Following the sale, the director owned 10,486 shares in the company, valued at approximately $1,107,111.88. This represents a 13.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 80,400 shares of company stock worth $8,515,516. 37.50% of the stock is currently owned by company insiders.
IPG Photonics Stock Performance
IPG Photonics (NASDAQ:IPGP – Get Free Report) last released its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.03). IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The company had revenue of $265.50 million during the quarter, compared to the consensus estimate of $256.99 million. During the same quarter in the previous year, the business posted $0.09 EPS. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. Equities analysts predict that IPG Photonics Corporation will post 1.66 EPS for the current year.
Wall Street Analyst Weigh In
Several equities analysts have commented on IPGP shares. Zacks Research downgraded shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Wall Street Zen cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Roth Capital reaffirmed a “buy” rating and issued a $151.00 price target on shares of IPG Photonics in a research report on Tuesday, May 19th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Finally, Citigroup boosted their price objective on IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $135.50.
IPG Photonics 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.
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