Jeanmarie Desmond Sells 1,690 Shares of IPG Photonics (NASDAQ:IPGP) Stock

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) Director Jeanmarie Desmond sold 1,690 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $105.58, for a total value of $178,430.20. Following the sale, the director owned 10,486 shares in the company, valued at approximately $1,107,111.88. This trade represents a 13.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

IPG Photonics Stock Performance

IPGP stock traded down $2.34 during midday trading on Friday, reaching $102.76. 390,040 shares of the company traded hands, compared to its average volume of 546,163. IPG Photonics Corporation has a 52-week low of $63.33 and a 52-week high of $155.82. The business has a 50 day moving average of $116.56 and a 200-day moving average of $100.23. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 148.93, a P/E/G ratio of 3.12 and a beta of 0.97.

IPG Photonics (NASDAQ:IPGPGet Free Report) last issued 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). IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The company had revenue of $265.50 million for the quarter, compared to analysts’ expectations of $256.99 million. During the same quarter last year, the company earned $0.09 earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. Research analysts anticipate that IPG Photonics Corporation will post 1.64 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Oregon Public Employees Retirement Fund grew its stake in IPG Photonics by 2.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock worth $589,000 after purchasing an additional 100 shares in the last quarter. State of Michigan Retirement System grew its stake in IPG Photonics by 1.7% in the first quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company’s stock worth $699,000 after purchasing an additional 100 shares in the last quarter. Versant Capital Management Inc grew its stake in IPG Photonics by 51.1% in the third quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 116 shares in the last quarter. Assetmark Inc. grew its stake in IPG Photonics by 6.8% in the fourth quarter. Assetmark Inc. now owns 1,820 shares of the semiconductor company’s stock worth $130,000 after purchasing an additional 116 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in IPG Photonics by 6.1% in the fourth quarter. Deutsche Bank AG now owns 2,214 shares of the semiconductor company’s stock worth $159,000 after purchasing an additional 128 shares in the last quarter. Institutional investors own 93.79% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Zacks Research cut IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Needham & Company LLC raised IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a research note on Wednesday, May 6th. Raymond James Financial cut IPG Photonics from a “strong-buy” rating to an “outperform” rating and upped their target price for the company from $97.00 to $180.00 in a research note on Friday, February 13th. Roth Mkm upped their target price on IPG Photonics from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Finally, Citigroup upped their target price on IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Six investment 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $128.67.

Get Our Latest Research Report on IPG Photonics

About IPG Photonics

(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

Insider Buying and Selling by Quarter for IPG Photonics (NASDAQ:IPGP)

Receive News & Ratings for IPG Photonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IPG Photonics and related companies with MarketBeat.com's FREE daily email newsletter.