Castleark Management LLC Buys 21,766 Shares of IPG Photonics Corporation $IPGP

Castleark Management LLC boosted its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 56.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 60,456 shares of the semiconductor company’s stock after purchasing an additional 21,766 shares during the quarter. Castleark Management LLC’s holdings in IPG Photonics were worth $6,928,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its holdings in shares of IPG Photonics by 184.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 295 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of IPG Photonics by 43.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 166 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of IPG Photonics by 428.9% in the 4th quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 549 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of IPG Photonics by 332.9% during the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 526 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of IPG Photonics by 348.2% during 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 in the last quarter. 93.79% of the stock is owned by institutional investors.

IPG Photonics Price Performance

Shares of NASDAQ:IPGP opened at $91.70 on Monday. IPG Photonics Corporation has a 12 month low of $71.35 and a 12 month high of $155.82. The company’s 50-day moving average price is $110.52 and its two-hundred day moving average price is $111.23. The firm has a market cap of $3.89 billion, a P/E ratio of 132.90, a P/E/G ratio of 2.67 and a beta of 0.94.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data 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 analyst estimates of $256.99 million. During the same quarter in the previous year, the business posted $0.09 EPS. The company’s revenue was up 16.5% compared to the same quarter last year. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. As a group, equities analysts predict that IPG Photonics Corporation will post 1.66 earnings per share for the current fiscal year.

Insider Activity at IPG Photonics

In other news, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of IPG Photonics stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $103.64, for a total transaction of $6,809,148.00. Following the completion of the sale, the insider owned 6,463,302 shares in the company, valued at $669,856,619.28. The trade was a 1.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of IPG Photonics stock in a transaction on Monday, June 29th. The stock was sold at an average price of $101.55, for a total transaction of $154,762.20. Following the sale, the director directly owned 49,734 shares of the company’s stock, valued at $5,050,487.70. This represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 80,400 shares of company stock valued at $8,515,516 over the last quarter. 37.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on IPGP. 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 cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Citigroup raised their price objective 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. Stifel Nicolaus cut their target price on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Six 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $137.17.

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.