IPG Photonics (NASDAQ:IPGP) Director Jeanmarie Desmond Sells 1,690 Shares

IPG Photonics Corporation (NASDAQ:IPGP) Director Jeanmarie Desmond sold 1,690 shares of IPG Photonics stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $105.58, for a total transaction of $178,430.20. Following the completion of the sale, the director owned 10,486 shares in the company, valued at $1,107,111.88. This trade represents a 13.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

IPG Photonics Stock Down 2.2%

NASDAQ IPGP opened at $102.76 on Friday. IPG Photonics Corporation has a 12-month low of $63.33 and a 12-month high of $155.82. The company has a market capitalization of $4.36 billion, a PE ratio of 148.93, a price-to-earnings-growth ratio of 3.08 and a beta of 0.97. The firm’s 50 day moving average is $116.03 and its 200-day moving average is $100.24.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data 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). IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The business had revenue of $265.50 million during the quarter, compared to analyst estimates of $256.99 million. During the same quarter last year, the business earned $0.09 earnings per share. IPG Photonics’s revenue for the quarter was up 16.5% on a year-over-year basis. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. As a group, sell-side analysts expect that IPG Photonics Corporation will post 1.64 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. 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. Needham & Company LLC upgraded shares of IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a report on Wednesday, May 6th. Roth Mkm boosted their target price on shares of IPG Photonics from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Stifel Nicolaus lowered their target price on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Wall Street Zen downgraded shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, IPG Photonics has a consensus rating of “Moderate Buy” and an average target price of $128.67.

Institutional Investors Weigh In On IPG Photonics

A number of institutional investors have recently modified their holdings of the business. Castleark Management LLC boosted its position in shares of IPG Photonics by 56.3% in the first quarter. Castleark Management LLC now owns 60,456 shares of the semiconductor company’s stock valued at $6,928,000 after acquiring an additional 21,766 shares during the period. Rice Hall James & Associates LLC boosted its position in shares of IPG Photonics by 10.0% in the first quarter. Rice Hall James & Associates LLC now owns 32,356 shares of the semiconductor company’s stock valued at $3,708,000 after acquiring an additional 2,932 shares during the period. Renaissance Technologies LLC boosted its position in shares of IPG Photonics by 173.8% in the first quarter. Renaissance Technologies LLC now owns 85,700 shares of the semiconductor company’s stock valued at $9,820,000 after acquiring an additional 54,400 shares during the period. Hilltop Holdings Inc. bought a new stake in shares of IPG Photonics in the first quarter valued at about $347,000. Finally, Public Employees Retirement System of Ohio boosted its position in shares of IPG Photonics by 256.0% in the first quarter. Public Employees Retirement System of Ohio now owns 29,287 shares of the semiconductor company’s stock valued at $3,356,000 after acquiring an additional 21,061 shares during the period. Institutional investors own 93.79% of the company’s stock.

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.