IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) major shareholder Valentin Gapontsev Trust I sold 56,316 shares of the company's stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $102.31, for a total transaction of $5,761,689.96. Following the sale, the insider owned 6,670,283 shares of the company's stock, valued at $682,436,653.73. This represents a 0.84% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
IPG Photonics Stock Down 6.3%
Shares of IPGP opened at $84.02 on Wednesday. The stock has a market capitalization of $3.57 billion, a P/E ratio of 121.77, a PEG ratio of 2.61 and a beta of 0.94. The firm has a fifty day simple moving average of $109.59 and a two-hundred day simple moving average of $111.35. IPG Photonics Corporation has a twelve month low of $71.35 and a twelve month high of $155.82.
IPG Photonics (NASDAQ:IPGP - Get Free Report) last released 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). The firm had revenue of $265.50 million during the quarter, compared to analysts' expectations of $256.99 million. IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. IPG Photonics's revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.09 EPS. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. Sell-side analysts expect that IPG Photonics Corporation will post 1.66 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have commented on IPGP. Citigroup upped their price target on IPG Photonics from $105.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, May 6th. Roth Capital reiterated a "buy" rating and issued a $151.00 price objective on shares of IPG Photonics in a research report on Tuesday, May 19th. Needham & Company LLC boosted their target price on IPG Photonics from $110.00 to $120.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Wall Street Zen lowered IPG Photonics from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of IPG Photonics in a report on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, IPG Photonics has a consensus rating of "Moderate Buy" and an average price target of $137.17.
Read Our Latest Analysis on IPG Photonics
Institutional Trading of IPG Photonics
Several large investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its position in shares of IPG Photonics by 184.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 295 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake 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 valued at $40,000 after purchasing an additional 166 shares during the period. Global Retirement Partners LLC boosted its position in shares of IPG Photonics by 428.9% during the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company's stock valued at $48,000 after purchasing an additional 549 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of IPG Photonics by 332.9% during the fourth quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company's stock valued at $49,000 after purchasing an additional 526 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in IPG Photonics by 348.2% in the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company's stock worth $51,000 after purchasing an additional 578 shares during the period. 93.79% of the stock is owned by institutional investors.
About IPG Photonics
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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.
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