IPG Photonics (NASDAQ:IPGP) Major Shareholder Fibre Devices Ltd Ip Sells 35,000 Shares

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $82.10, for a total transaction of $2,873,500.00. Following the completion of the sale, the insider directly owned 6,849,837 shares of the company’s stock, valued at approximately $562,371,617.70. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 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 Friday, September 19th, Fibre Devices Ltd Ip sold 29,167 shares of IPG Photonics stock. The shares were sold at an average price of $81.49, for a total transaction of $2,376,818.83.

IPG Photonics Trading Down 0.0%

IPGP opened at $81.36 on Tuesday. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $88.50. The company has a market cap of $3.44 billion, a P/E ratio of -16.60, a price-to-earnings-growth ratio of 22.57 and a beta of 0.95. The company has a fifty day moving average price of $78.86 and a two-hundred day moving average price of $68.93.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.20. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The firm had revenue of $250.72 million during the quarter, compared to the consensus estimate of $228.20 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The business’s revenue was down 2.7% compared to the same quarter last year. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. On average, research analysts forecast that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Institutional Investors Weigh In On IPG Photonics

A number of large investors have recently added to or reduced their stakes in the company. Lazard Asset Management LLC grew its holdings in IPG Photonics by 81.3% in the 2nd quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock worth $130,397,000 after acquiring an additional 851,869 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of IPG Photonics by 85.8% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock worth $121,830,000 after purchasing an additional 819,575 shares during the period. Alliancebernstein L.P. lifted its position in shares of IPG Photonics by 1,918.3% in the 1st quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock worth $90,242,000 after purchasing an additional 1,358,428 shares during the period. AQR Capital Management LLC lifted its position in shares of IPG Photonics by 53.7% in the 2nd quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock worth $67,101,000 after purchasing an additional 341,773 shares during the period. Finally, M&G PLC lifted its position in shares of IPG Photonics by 263.9% in the 2nd quarter. M&G PLC now owns 600,020 shares of the semiconductor company’s stock worth $41,401,000 after purchasing an additional 435,122 shares during the period. Institutional investors own 93.79% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Wall Street Zen raised shares of IPG Photonics from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Sanford C. Bernstein upgraded shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price objective for the company in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $75.00.

IPG Photonics Company Profile

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.