IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells $3,057,379.92 in Stock

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Valentin Gapontsev Trust I sold 39,384 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $77.63, for a total transaction of $3,057,379.92. Following the completion of the sale, the insider directly owned 6,886,715 shares of the company’s stock, valued at $534,615,685.45. This represents a 0.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Valentin Gapontsev Trust I also recently made the following trade(s):

• On Tuesday, December 16th, Valentin Gapontsev Trust I sold 27,116 shares of IPG Photonics stock. The stock was sold at an average price of $77.06, for a total value of $2,089,558.96.
• On Tuesday, November 18th, Valentin Gapontsev Trust I sold 47,901 shares of IPG Photonics stock. The stock was sold at an average price of $76.13, for a total value of $3,646,703.13.
• On Tuesday, November 18th, Valentin Gapontsev Trust I sold 47,901 shares of IPG Photonics stock. The shares were sold at an average price of $76.13, for a total transaction of $3,646,703.13.
• On Monday, November 17th, Valentin Gapontsev Trust I sold 18,599 shares of IPG Photonics stock. The shares were sold at an average price of $77.67, for a total transaction of $1,444,584.33.
• On Monday, November 17th, Valentin Gapontsev Trust I sold 18,599 shares of IPG Photonics stock. The shares were sold at an average price of $77.67, for a total value of $1,444,584.33.
• On Wednesday, October 15th, Valentin Gapontsev Trust I sold 17,707 shares of IPG Photonics stock. The stock was sold at an average price of $85.09, for a total value of $1,506,688.63.
• On Tuesday, October 14th, Valentin Gapontsev Trust I sold 16,529 shares of IPG Photonics stock. The stock was sold at an average price of $82.97, for a total transaction of $1,371,411.13.
• On Monday, October 13th, Valentin Gapontsev Trust I sold 32,264 shares of IPG Photonics stock. The shares were sold at an average price of $83.19, for a total value of $2,684,042.16.

IPG Photonics Stock Down 1.0%

IPG Photonics stock traded down $0.76 during trading hours on Tuesday, hitting $77.02. The stock had a trading volume of 374,150 shares, compared to its average volume of 280,589. The business’s 50 day simple moving average is $82.95 and its 200-day simple moving average is $78.35. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 126.26, a P/E/G ratio of 19.96 and a beta of 1.02. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $92.21.

IPG Photonics (NASDAQ:IPGP) last posted its earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.16 by $0.19. The business had revenue of $250.79 million for the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics had a net margin of 2.66% and a return on equity of 2.35%. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Research analysts anticipate that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Benchmark restated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, December 10th. Roth Capital set a $96.00 price objective on shares of IPG Photonics and gave the stock a “buy” rating in a research report on Monday, October 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday. Stifel Nicolaus set a $92.00 price objective on IPG Photonics in a report on Tuesday, November 4th. Finally, Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and increased their target price for the company from $68.00 to $105.00 in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $89.33.

Hedge Funds Weigh In On IPG Photonics

A number of large investors have recently modified their holdings of the company. Lazard Asset Management LLC boosted its stake in IPG Photonics by 81.3% during the second quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock valued at $130,397,000 after buying an additional 851,869 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of IPG Photonics by 85.8% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock valued at $121,830,000 after purchasing an additional 819,575 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of IPG Photonics by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 1,755,864 shares of the semiconductor company’s stock worth $139,045,000 after buying an additional 68,366 shares during the period. Alliancebernstein L.P. grew its holdings in IPG Photonics by 1,918.3% in the 1st quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock worth $90,242,000 after acquiring an additional 1,358,428 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of IPG Photonics by 53.7% in the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock worth $67,101,000 after purchasing an additional 341,773 shares during the last quarter. 93.79% of the stock is currently owned by institutional investors.

IPG Photonics Company Profile

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.