Fibre Devices Ltd Ip Sells 12,202 Shares of IPG Photonics (NASDAQ:IPGP) Stock

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 12,202 shares of IPG Photonics stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $95.18, for a total value of $1,161,386.36. Following the completion of the transaction, the insider directly owned 6,424,100 shares in the company, valued at $611,445,838. This represents a 0.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, August 5th, Fibre Devices Ltd Ip sold 18,111 shares of IPG Photonics stock. The shares were sold at an average price of $96.12, for a total transaction of $1,740,829.32.
• On Friday, July 31st, Fibre Devices Ltd Ip sold 27,000 shares of IPG Photonics stock. The stock was 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 Price Performance

IPGP stock opened at $90.23 on Friday. The firm has a market capitalization of $3.84 billion, a P/E ratio of 138.82, a P/E/G ratio of 2.35 and a beta of 0.96. IPG Photonics Corporation has a 52-week low of $71.38 and a 52-week high of $155.82. The company’s 50 day simple moving average is $104.64 and its 200-day simple moving average is $111.67.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $279.98 million. During the same quarter last year, the business posted $0.16 EPS. The company’s revenue was up 11.1% on a year-over-year basis. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Sell-side analysts predict that IPG Photonics Corporation will post 1.78 EPS for the current fiscal year.

Wall Street Analyst Weigh In

IPGP has been the topic of a number of research analyst reports. Stifel Nicolaus lowered their price target on IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Roth Capital restated a “buy” rating and set a $151.00 price objective on shares of IPG Photonics in a research report on Tuesday, May 19th. Citigroup lifted their target price on IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Needham & Company LLC upped their target price on IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 17th. Finally, Zacks Research lowered shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, IPG Photonics presently has an average rating of “Moderate Buy” and an average target price of $145.20.

Hedge Funds Weigh In On IPG Photonics

A number of hedge funds have recently modified their holdings of IPGP. BlackRock Inc. acquired a new stake in IPG Photonics during the second quarter valued at $334,429,000. Pallas Capital Advisors LLC acquired a new position in IPG Photonics in the 2nd quarter worth about $644,000. Deutsche Bank AG purchased a new stake in shares of IPG Photonics during the 2nd quarter worth about $285,000. Rice Hall James & Associates LLC purchased a new stake in shares of IPG Photonics during the 2nd quarter worth about $3,519,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of IPG Photonics during the 2nd quarter valued at about $705,000. 93.79% of the stock is owned by institutional investors and hedge funds.

About IPG Photonics

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.