IPG Photonics (NASDAQ:IPGP) Major Shareholder Fibre Devices Ltd Ip Sells 65,700 Shares of Stock

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 65,700 shares of IPG Photonics stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $103.64, for a total value of $6,809,148.00. Following the completion of the transaction, the insider directly owned 6,463,302 shares of the company’s stock, valued at approximately $669,856,619.28. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

IPG Photonics Price Performance

Shares of NASDAQ:IPGP opened at $114.41 on Thursday. IPG Photonics Corporation has a 1 year low of $69.03 and a 1 year high of $155.82. The business’s 50-day moving average is $113.19 and its 200-day moving average is $107.91. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 165.81, a P/E/G ratio of 3.41 and a beta of 0.94.

IPG Photonics (NASDAQ:IPGP) last issued its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The business had revenue of $265.50 million during the quarter, compared to the consensus estimate of $256.99 million. During the same quarter in the previous year, the firm posted $0.09 earnings per share. The company’s revenue for the quarter 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 anticipate that IPG Photonics Corporation will post 1.66 EPS for the current year.

Analysts Set New Price Targets

IPGP has been the subject of a number of research reports. Stifel Nicolaus reduced their price target 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. Needham & Company LLC upgraded shares of IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 price objective on the stock in a report on Wednesday, May 6th. Citigroup increased their price objective on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Finally, Zacks Research lowered IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, IPG Photonics presently has an average rating of “Moderate Buy” and an average target price of $135.50.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Glenmede Trust Co. NA acquired a new stake in shares of IPG Photonics in the 1st quarter worth about $276,000. Segall Bryant & Hamill LLC lifted its position in IPG Photonics by 11.1% in the 1st quarter. Segall Bryant & Hamill LLC now owns 469,471 shares of the semiconductor company’s stock valued at $53,797,000 after acquiring an additional 46,935 shares in the last quarter. Bank of America Corp DE boosted its stake in IPG Photonics by 18.1% during the 1st quarter. Bank of America Corp DE now owns 258,600 shares of the semiconductor company’s stock valued at $29,633,000 after purchasing an additional 39,671 shares during the last quarter. Janus Henderson Group PLC boosted its stake in IPG Photonics by 18.4% during the 1st quarter. Janus Henderson Group PLC now owns 12,206 shares of the semiconductor company’s stock valued at $1,399,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Amundi bought a new stake in IPG Photonics during the 1st quarter worth approximately $597,000. 93.79% of the stock is currently owned by institutional investors and hedge funds.

IPG Photonics Company Profile

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.