Insider Selling: IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells $2,672,600.00 in Stock

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $76.36, for a total value of $2,672,600.00. Following the completion of the transaction, the insider owned 6,721,503 shares in the company, valued at approximately $513,253,969.08. The trade was a 0.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major 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, November 21st, Fibre Devices Ltd Ip sold 29,167 shares of IPG Photonics stock. The stock was sold at an average price of $74.26, for a total value of $2,165,941.42.
• On Tuesday, October 21st, Fibre Devices Ltd Ip sold 23,966 shares of IPG Photonics stock. The shares were sold at an average price of $87.92, for a total value of $2,107,090.72.
• On Monday, October 20th, Fibre Devices Ltd Ip sold 23,642 shares of IPG Photonics stock. The shares were sold at an average price of $87.70, for a total transaction of $2,073,403.40.
• On Friday, October 17th, Fibre Devices Ltd Ip sold 16,559 shares of IPG Photonics stock. The stock was sold at an average price of $84.68, for a total transaction of $1,402,216.12.
• On Monday, September 22nd, Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock. The stock was sold at an average price of $82.10, for a total transaction of $2,873,500.00.
• 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 Price Performance

Shares of NASDAQ:IPGP opened at $78.51 on Friday. IPG Photonics Corporation has a 12 month low of $48.59 and a 12 month high of $92.21. The firm has a market capitalization of $3.31 billion, a P/E ratio of -16.02, a P/E/G ratio of 23.95 and a beta of 1.04. The company’s fifty day moving average price is $82.92 and its 200 day moving average price is $76.88.

IPG Photonics (NASDAQ:IPGP) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.19. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The company had revenue of $250.79 million during the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. On average, sell-side analysts anticipate that IPG Photonics Corporation will post 1.54 EPS for the current year.

Analyst Ratings Changes

IPGP has been the topic of a number of research reports. Citigroup upgraded IPG Photonics from a “sell” rating to a “buy” rating and raised their price target for the stock from $68.00 to $105.00 in a research note on Wednesday, November 5th. Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Roth Capital set a $96.00 target price on shares of IPG Photonics and gave the company a “buy” rating in a report on Monday, October 6th. Sanford C. Bernstein upgraded shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a research note on Thursday, August 7th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, IPG Photonics presently has an average rating of “Moderate Buy” and a consensus price target of $89.33.

Hedge Funds Weigh In On IPG Photonics

Several institutional investors have recently bought and sold shares of IPGP. Alliancebernstein L.P. lifted its stake 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 acquiring an additional 1,358,428 shares during the period. Lazard Asset Management LLC raised its holdings in IPG Photonics by 81.3% during the second quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock worth $130,397,000 after purchasing an additional 851,869 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in IPG Photonics by 85.8% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock valued at $121,830,000 after purchasing an additional 819,575 shares during the period. M&G PLC boosted its holdings in IPG Photonics by 263.9% in the 2nd quarter. M&G PLC now owns 600,020 shares of the semiconductor company’s stock valued at $41,401,000 after purchasing an additional 435,122 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in IPG Photonics by 188.6% during the 1st quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock worth $40,208,000 after purchasing an additional 416,186 shares during the period. 93.79% of the stock is owned by institutional investors and hedge funds.

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.