IPG Photonics (NASDAQ:IPGP) Major Shareholder Valentin Gapontsev Trust I Sells 47,901 Shares

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $76.13, for a total transaction of $3,646,703.13. Following the transaction, the insider owned 6,926,099 shares of the company’s stock, valued at $527,283,916.87. This represents a 0.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Valentin Gapontsev Trust I also recently made the following trade(s):

  • On Tuesday, November 18th, Valentin Gapontsev Trust I sold 47,901 shares of IPG Photonics stock. The shares were sold at an average price of $76.13, for a total transaction of $3,646,703.13.
  • On Monday, November 17th, Valentin Gapontsev Trust I sold 18,599 shares of IPG Photonics stock. The shares were sold at an average price of $77.67, for a total transaction of $1,444,584.33.
  • On Monday, November 17th, Valentin Gapontsev Trust I sold 18,599 shares of IPG Photonics stock. The shares were sold at an average price of $77.67, for a total transaction of $1,444,584.33.
  • On Wednesday, October 15th, Valentin Gapontsev Trust I sold 17,707 shares of IPG Photonics stock. The shares were sold at an average price of $85.09, for a total transaction of $1,506,688.63.
  • On Tuesday, October 14th, Valentin Gapontsev Trust I sold 16,529 shares of IPG Photonics stock. The stock was sold at an average price of $82.97, for a total value of $1,371,411.13.
  • On Monday, October 13th, Valentin Gapontsev Trust I sold 32,264 shares of IPG Photonics stock. The stock was sold at an average price of $83.19, for a total value of $2,684,042.16.
  • On Tuesday, September 16th, Valentin Gapontsev Trust I sold 14,180 shares of IPG Photonics stock. The shares were sold at an average price of $80.67, for a total value of $1,143,900.60.
  • On Monday, September 15th, Valentin Gapontsev Trust I sold 52,320 shares of IPG Photonics stock. The stock was sold at an average price of $80.71, for a total value of $4,222,747.20.

IPG Photonics Stock Performance

NASDAQ IPGP traded up $0.05 during trading hours on Wednesday, hitting $75.84. The company had a trading volume of 221,289 shares, compared to its average volume of 282,550. The firm has a market capitalization of $3.19 billion, a price-to-earnings ratio of -15.48, a PEG ratio of 23.95 and a beta of 1.04. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $92.21. The firm has a 50 day simple moving average of $83.63 and a 200 day simple moving average of $76.27.

IPG Photonics (NASDAQ:IPGPGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.19. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The firm had revenue of $250.79 million for the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. On average, research analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Roth Capital set a $96.00 price target on shares of IPG Photonics and gave the company a “buy” rating in a report on Monday, October 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Thursday, November 13th. Citigroup raised IPG Photonics from a “sell” rating to a “buy” rating and lifted their price objective for the company from $68.00 to $105.00 in a research note on Wednesday, November 5th. Stifel Nicolaus set a $92.00 target price on IPG Photonics in a research note on Tuesday, November 4th. Finally, Sanford C. Bernstein upgraded IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a research report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.33.

Check Out Our Latest Analysis on IPGP

Institutional Trading of IPG Photonics

A number of hedge funds have recently bought and sold shares of IPGP. True Wealth Design LLC grew its position in IPG Photonics by 1,621.7% during the second quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 373 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of IPG Photonics by 51.1% in the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 116 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of IPG Photonics by 207.1% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 290 shares in the last quarter. Larson Financial Group LLC bought a new position in shares of IPG Photonics during the 1st quarter valued at $39,000. Finally, EverSource Wealth Advisors LLC raised its position in 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 own 93.79% of the company’s stock.

IPG Photonics Company Profile

(Get Free Report)

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.

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

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