Fibre Devices Ltd Ip Sells 18,111 Shares of IPG Photonics (NASDAQ:IPGP) Stock

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) major shareholder Fibre Devices Ltd Ip sold 18,111 shares of IPG Photonics stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $96.12, for a total transaction of $1,740,829.32. Following the sale, the insider directly owned 6,405,989 shares in the company, valued at approximately $615,743,662.68. This trade represents a 0.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own 10% or more 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 Tuesday, August 4th, Fibre Devices Ltd Ip sold 12,202 shares of IPG Photonics stock. The shares were sold at an average price of $95.18, for a total transaction of $1,161,386.36.
  • On Friday, July 31st, Fibre Devices Ltd Ip sold 27,000 shares of IPG Photonics stock. The stock was sold at an average price of $85.81, for a total transaction of $2,316,870.00.
  • On Monday, June 29th, Fibre Devices Ltd Ip sold 65,700 shares of IPG Photonics stock. The shares were sold at an average price of $103.64, for a total transaction of $6,809,148.00.

IPG Photonics Trading Up 4.1%

IPGP stock opened at $90.23 on Friday. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 138.82, a PEG ratio of 2.35 and a beta of 0.96. IPG Photonics Corporation has a 12 month low of $71.38 and a 12 month high of $155.82. The firm has a 50-day moving average of $104.64 and a two-hundred day moving average of $111.67.

IPG Photonics (NASDAQ:IPGPGet Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.21. The business had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $279.98 million. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.16 EPS. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, equities analysts forecast that IPG Photonics Corporation will post 1.78 earnings per share for the current year.

Institutional Investors Weigh In On IPG Photonics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in IPG Photonics in the 2nd quarter valued at about $334,429,000. Segall Bryant & Hamill LLC acquired a new position in IPG Photonics in the fourth quarter valued at about $30,254,000. AQR Capital Management LLC boosted its stake in IPG Photonics by 53.7% during the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock worth $67,101,000 after buying an additional 341,773 shares during the period. Invesco Ltd. increased its position in shares of IPG Photonics by 169.4% during the fourth quarter. Invesco Ltd. now owns 288,507 shares of the semiconductor company’s stock valued at $20,657,000 after acquiring an additional 181,423 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of IPG Photonics in the 4th quarter valued at approximately $12,647,000. Institutional investors and hedge funds own 93.79% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Wall Street Zen cut IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Roth Capital reissued a “buy” rating and set a $151.00 price target on shares of IPG Photonics in a research report on Tuesday, May 19th. Needham & Company LLC upped their price objective 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. Zacks Research cut shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Citigroup lifted 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. Five equities 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 company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $145.20.

View 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.

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