Fibre Devices Ltd Ip Sells 18,111 Shares of IPG Photonics (NASDAQ:IPGP) Stock

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 18,111 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $96.12, for a total transaction of $1,740,829.32. Following the completion of the sale, the insider owned 6,405,989 shares in the company, valued at approximately $615,743,662.68. This trade represents a 0.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Tuesday, August 4th, Fibre Devices Ltd Ip sold 12,202 shares of IPG Photonics stock. The stock was sold at an average price of $95.18, for a total value of $1,161,386.36.
• 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 value of $2,316,870.00.
• On Monday, June 29th, Fibre Devices Ltd Ip sold 65,700 shares of IPG Photonics stock. The shares were sold at an average price of $103.64, for a total value of $6,809,148.00.

IPG Photonics Price Performance

Shares of IPGP stock traded down $5.05 on Thursday, hitting $86.70. 592,758 shares of the stock traded hands, compared to its average volume of 516,001. The company’s fifty day moving average is $105.73 and its 200 day moving average is $111.78. IPG Photonics Corporation has a 1-year low of $71.38 and a 1-year high of $155.82. The company has a market capitalization of $3.68 billion, a PE ratio of 133.39, a PEG ratio of 2.74 and a beta of 0.96.

IPG Photonics (NASDAQ:IPGP) last released 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 the consensus estimate of $279.98 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The firm’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. As a group, equities research analysts expect that IPG Photonics Corporation will post 1.66 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Wall Street Zen cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. 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. Roth Capital reiterated a “buy” rating and set a $151.00 price target on shares of IPG Photonics in a research report on Tuesday, May 19th. Zacks Research downgraded IPG Photonics from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Finally, Citigroup boosted their price objective on IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $137.17.

Institutional Investors Weigh In On IPG Photonics

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp acquired a new stake in IPG Photonics in the second quarter worth about $17,512,000. State of Wyoming acquired a new position in IPG Photonics during the 2nd quarter valued at about $1,035,000. GSA Capital Partners LLP bought a new stake in shares of IPG Photonics during the 2nd quarter worth about $1,219,000. Handelsbanken Fonder AB raised its position in shares of IPG Photonics by 5.7% during the 2nd quarter. Handelsbanken Fonder AB now owns 9,300 shares of the semiconductor company’s stock worth $1,091,000 after buying an additional 500 shares in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new stake in shares of IPG Photonics in the 2nd quarter worth approximately $2,496,000. 93.79% of the stock is currently owned by institutional investors.

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.