Old West Investment Management LLC Acquires Shares of 81,189 IPG Photonics Corporation $IPGP

Old West Investment Management LLC bought a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 81,189 shares of the semiconductor company’s stock, valued at approximately $9,525,000. Old West Investment Management LLC owned 0.19% of IPG Photonics as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of IPG Photonics by 20.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,024 shares of the semiconductor company’s stock worth $2,541,000 after purchasing an additional 6,741 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in IPG Photonics by 0.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,469 shares of the semiconductor company’s stock worth $5,523,000 after purchasing an additional 744 shares during the period. Jane Street Group LLC lifted its position in IPG Photonics by 79.4% during the first quarter. Jane Street Group LLC now owns 122,105 shares of the semiconductor company’s stock worth $7,710,000 after purchasing an additional 54,026 shares during the period. Prudential Financial Inc. acquired a new stake in IPG Photonics during the second quarter worth about $205,000. Finally, Invesco Ltd. grew its stake in IPG Photonics by 0.3% during the second quarter. Invesco Ltd. now owns 105,525 shares of the semiconductor company’s stock worth $7,244,000 after buying an additional 272 shares in the last quarter. 93.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Needham & Company LLC boosted their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Zacks Research downgraded shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Wall Street Zen lowered shares of IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Stifel Nicolaus decreased their price objective on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $142.60.

Insider Transactions at IPG Photonics

In other IPG Photonics news, CFO Timothy Pv Mammen sold 9,975 shares of the firm’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 sale, the chief financial officer owned 76,438 shares in the company, valued at $9,158,036.78. This trade represents a 11.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Fibre Devices Ltd Ip sold 18,111 shares of the business’s stock in a transaction 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 sale, the insider directly owned 6,405,989 shares in the company, valued at approximately $615,743,662.68. The trade was a 0.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 193,863 shares of company stock valued at $19,449,856. Corporate insiders own 37.50% of the company’s stock.

IPG Photonics Stock Performance

IPGP stock opened at $85.79 on Monday. The stock has a market capitalization of $3.65 billion, a P/E ratio of 131.99, a price-to-earnings-growth ratio of 2.32 and a beta of 0.96. IPG Photonics Corporation has a 12 month low of $71.38 and a 12 month high of $155.82. The firm has a 50-day moving average price of $101.42 and a 200-day moving average price of $111.90.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.21. The company had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm’s revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 EPS. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, equities analysts predict that IPG Photonics Corporation will post 1.78 EPS for the current fiscal year.

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.