IPG Photonics (NASDAQ:IPGP) CAO Sells $58,110.00 in Stock

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) CAO Mary Buttarazzi sold 500 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $116.22, for a total value of $58,110.00. Following the sale, the chief accounting officer directly owned 4,749 shares of the company’s stock, valued at approximately $551,928.78. This represents a 9.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

IPG Photonics Stock Up 0.7%

IPGP traded up $0.82 during trading on Tuesday, hitting $115.50. 339,849 shares of the company traded hands, compared to its average volume of 576,883. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $155.82. The stock’s fifty day moving average is $108.19 and its 200 day moving average is $90.67. The firm has a market cap of $4.87 billion, a P/E ratio of 156.08, a price-to-earnings-growth ratio of 2.72 and a beta of 0.94.

IPG Photonics (NASDAQ:IPGPGet Free Report) last released its earnings results on Thursday, February 12th. The semiconductor company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.21. IPG Photonics had a net margin of 3.10% and a return on equity of 2.89%. The firm had revenue of $274.47 million for the quarter, compared to analysts’ expectations of $249.58 million. During the same period in the previous year, the company earned $0.18 earnings per share. The company’s quarterly revenue was up 17.2% on a year-over-year basis. IPG Photonics has set its Q1 2026 guidance at 0.100-0.400 EPS. On average, equities research analysts forecast that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Hedge Funds Weigh In On IPG Photonics

A number of large investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of IPG Photonics by 20.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,024 shares of the semiconductor company’s stock valued at $2,541,000 after purchasing an additional 6,741 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in IPG Photonics by 0.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,469 shares of the semiconductor company’s stock worth $5,523,000 after purchasing an additional 744 shares during the period. Jane Street Group LLC grew its holdings in IPG Photonics by 79.4% during the 1st quarter. Jane Street Group LLC now owns 122,105 shares of the semiconductor company’s stock valued at $7,710,000 after buying an additional 54,026 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in IPG Photonics by 42.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 38,046 shares of the semiconductor company’s stock valued at $2,612,000 after buying an additional 11,383 shares in the last quarter. Finally, Bank of Montreal Can bought a new stake in shares of IPG Photonics during the second quarter valued at about $267,000. 93.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on IPGP shares. Stifel Nicolaus raised their target price on IPG Photonics from $92.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Roth Mkm upped their price target on IPG Photonics from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Raymond James Financial downgraded IPG Photonics from a “strong-buy” rating to an “outperform” rating and increased their price target for the stock from $97.00 to $180.00 in a research note on Friday, February 13th. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 29th. Finally, Zacks Research raised shares of IPG Photonics from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $122.17.

View Our Latest Stock Report on IPGP

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.

Further Reading

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

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