Key Points
- IPG Photonics CFO Timothy Pv Mammen sold 9,975 shares on May 22 at an average price of $119.81, totaling about $1.20 million. After the sale, he still held 76,438 shares, a decrease of 11.54% in his position.
- The company’s stock was trading near $119.82, close to its recent levels, with a 52-week range of $64.93 to $155.82 and a market cap of about $5.09 billion.
- IPG Photonics recently reported Q1 earnings of $0.29 per share, missing estimates, but revenue of $265.5 million beat expectations and rose 16.5% year over year. Analysts remain generally positive, with a consensus rating of Moderate Buy and an average target price of $135.50.
IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) CFO Timothy Pv Mammen sold 9,975 shares of the business's stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $119.81, for a total transaction of $1,195,104.75. Following the transaction, the chief financial officer directly owned 76,438 shares of the company's stock, valued at approximately $9,158,036.78. This trade represents a 11.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
IPG Photonics Stock Performance
Shares of IPGP opened at $119.82 on Wednesday. IPG Photonics Corporation has a 1 year low of $64.93 and a 1 year high of $155.82. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 173.65, a price-to-earnings-growth ratio of 3.47 and a beta of 0.97. The firm has a fifty day moving average of $115.87 and a 200-day moving average of $101.87.
IPG Photonics (NASDAQ:IPGP - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) 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 firm had revenue of $265.50 million for the quarter, compared to analyst estimates of $256.99 million. During the same period last year, the firm posted $0.09 EPS. The business'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. Analysts predict that IPG Photonics Corporation will post 1.65 EPS for the current year.
Institutional Investors Weigh In On IPG Photonics
Several institutional investors have recently bought and sold shares of the stock. First Eagle Investment Management LLC lifted its holdings in IPG Photonics by 0.3% in the fourth quarter. First Eagle Investment Management LLC now owns 4,487,103 shares of the semiconductor company's stock worth $321,277,000 after purchasing an additional 12,344 shares during the period. Dimensional Fund Advisors LP lifted its holdings in IPG Photonics by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,815,042 shares of the semiconductor company's stock valued at $129,960,000 after acquiring an additional 59,178 shares during the last quarter. AQR Capital Management LLC lifted its holdings in IPG Photonics by 53.7% in the 2nd quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company's stock valued at $67,101,000 after acquiring an additional 341,773 shares during the last quarter. State Street Corp lifted its holdings in IPG Photonics by 1.7% in the 4th quarter. State Street Corp now owns 805,435 shares of the semiconductor company's stock valued at $57,669,000 after acquiring an additional 13,092 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in IPG Photonics by 14.5% in the 4th quarter. Morgan Stanley now owns 745,246 shares of the semiconductor company's stock valued at $53,360,000 after acquiring an additional 94,153 shares during the last quarter. Institutional investors and hedge funds own 93.79% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on IPGP shares. Roth Mkm reissued a "buy" rating and set a $151.00 price target on shares of IPG Photonics in a report on Tuesday, May 19th. Raymond James Financial downgraded shares of IPG Photonics from a "strong-buy" rating to an "outperform" rating and upped their price objective for the stock from $97.00 to $180.00 in a report on Friday, February 13th. Needham & Company LLC raised shares of IPG Photonics from a "hold" rating to a "buy" rating and set a $110.00 price objective for the company in a report on Wednesday, May 6th. Citigroup upped 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. Finally, Stifel Nicolaus reduced their price objective on shares of IPG Photonics from $165.00 to $125.00 and set a "buy" rating for the company in a 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 stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $135.50.
View Our Latest Stock Report on IPG Photonics
IPG Photonics Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
