IPG Photonics (NASDAQ:IPGP) Major Shareholder Fibre Devices Ltd Ip Sells 12,202 Shares

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) major shareholder Fibre Devices Ltd Ip sold 12,202 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $95.18, for a total value of $1,161,386.36. Following the transaction, the insider directly owned 6,424,100 shares in the company, valued at approximately $611,445,838. This represents a 0.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Fibre Devices Ltd Ip also recently made the following trade(s):

  • On Wednesday, August 5th, Fibre Devices Ltd Ip sold 18,111 shares of IPG Photonics stock. The shares were sold at an average price of $96.12, for a total value of $1,740,829.32.
  • On Friday, July 31st, Fibre Devices Ltd Ip sold 27,000 shares of IPG Photonics stock. The shares were sold at an average price of $85.81, for a total value of $2,316,870.00.
  • On Monday, June 29th, Fibre Devices Ltd Ip sold 65,700 shares of IPG Photonics stock. The stock was sold at an average price of $103.64, for a total value of $6,809,148.00.

IPG Photonics Trading Down 5.5%

IPG Photonics stock opened at $86.70 on Friday. The stock has a 50 day moving average of $105.12 and a two-hundred day moving average of $111.82. IPG Photonics Corporation has a twelve month low of $71.38 and a twelve month high of $155.82. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 133.39, a PEG ratio of 2.67 and a beta of 0.96.

IPG Photonics (NASDAQ:IPGPGet Free Report) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The business had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Equities analysts predict that IPG Photonics Corporation will post 1.66 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on IPGP. Roth Capital reissued a “buy” rating and issued a $151.00 price objective on shares of IPG Photonics in a research note on Tuesday, May 19th. Citigroup raised their target price on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Needham & Company LLC lifted their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 17th. Stifel Nicolaus dropped their price target on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $145.20.

Read Our Latest Report on IPGP

Institutional Trading of IPG Photonics

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd grew its position in shares of IPG Photonics by 184.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 295 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of IPG Photonics by 43.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 166 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of IPG Photonics by 428.9% during the 4th quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 549 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in IPG Photonics by 332.9% in the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 526 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 578 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

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.

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

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