IPG Photonics Corporation (NASDAQ:IPGP – Get Free Report) shares shot up 7.7% on Wednesday . The stock traded as high as $120.92 and last traded at $122.1090. 46,491 shares were traded during trading, a decline of 91% from the average session volume of 542,275 shares. The stock had previously closed at $113.33.
Analyst Ratings Changes
IPGP has been the subject of several recent research reports. Zacks Research lowered shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Needham & Company LLC raised shares of IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 target price for the company in a report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Friday, March 27th. Citigroup increased their price target on IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen downgraded IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six 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.com, the company currently has an average rating of “Moderate Buy” and an average target price of $135.50.
Check Out Our Latest Research Report on IPG Photonics
IPG Photonics Price Performance
IPG Photonics (NASDAQ:IPGP – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). The company had revenue of $265.50 million for the quarter, compared to analysts’ expectations of $256.99 million. IPG Photonics had a net margin of 2.78% and a return on equity of 2.84%. The business’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.09 earnings per share. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. Analysts forecast that IPG Photonics Corporation will post 1.64 earnings per share for the current year.
Insider Buying and Selling
In other news, Director Jeanmarie F. Desmond sold 1,690 shares of IPG Photonics stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $105.58, for a total value of $178,430.20. Following the sale, the director directly owned 10,486 shares of the company’s stock, valued at $1,107,111.88. The trade was a 13.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Mary E. Buttarazzi sold 500 shares of IPG Photonics stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $116.22, for a total value of $58,110.00. Following the completion of the sale, the chief accounting officer directly owned 4,749 shares in the company, valued at $551,928.78. This represents a 9.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 37.50% of the company’s stock.
Institutional Trading of IPG Photonics
Large investors have recently bought and sold shares of the business. Versant Capital Management Inc grew its stake in IPG Photonics by 51.1% during the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 116 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in IPG Photonics by 184.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 295 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in IPG Photonics by 43.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 166 shares in the last quarter. Global Retirement Partners LLC grew its stake in IPG Photonics by 428.9% during the 4th quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 549 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in IPG Photonics by 332.9% during the 4th quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 526 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.
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.
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