IPG Photonics (NASDAQ:IPGP) Sees Unusually-High Trading Volume – Here’s What Happened

IPG Photonics Corporation (NASDAQ:IPGP) shares saw unusually-high trading volume on Monday . Approximately 674,415 shares traded hands during trading, an increase of 72% from the previous session’s volume of 391,428 shares.The stock last traded at $92.80 and had previously closed at $92.41.

Analyst Upgrades and Downgrades

Several equities analysts have commented on IPGP shares. Zacks Research raised IPG Photonics from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 15th. Citigroup upgraded IPG Photonics from a “sell” rating to a “buy” rating and boosted their price objective for the company from $68.00 to $105.00 in a research report on Wednesday, November 5th. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 29th. Benchmark reiterated a “hold” rating on shares of IPG Photonics in a research note on Wednesday, December 10th. Finally, Stifel Nicolaus set a $92.00 price objective on shares of IPG Photonics in a research note on Tuesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.67.

IPG Photonics Stock Up 1.0%

The business has a 50-day simple moving average of $80.81 and a two-hundred day simple moving average of $81.06. The stock has a market capitalization of $4.21 billion, a P/E ratio of 163.75, a PEG ratio of 12.51 and a beta of 1.03.

IPG Photonics (NASDAQ:IPGP) last issued its earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.16 by $0.19. The company 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%. On average, sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insider Activity

In related news, major shareholder Valentin Gapontsev Trust I sold 7,952 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $80.10, for a total transaction of $636,955.20. Following the sale, the insider directly owned 6,793,099 shares in the company, valued at $544,127,229.90. This represents a 0.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eugene A. Scherbakov sold 2,700 shares of the firm’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $80.96, for a total value of $218,592.00. Following the sale, the director directly owned 59,330 shares of the company’s stock, valued at $4,803,356.80. This represents a 4.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 471,663 shares of company stock valued at $36,302,025 over the last three months. 39.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. First Eagle Investment Management LLC lifted its stake in shares of IPG Photonics by 0.3% during the fourth quarter. First Eagle Investment Management LLC now owns 4,487,103 shares of the semiconductor company’s stock valued at $321,277,000 after acquiring an additional 12,344 shares during the period. Lazard Asset Management LLC raised its holdings in IPG Photonics by 81.3% during the 2nd quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock worth $130,397,000 after purchasing an additional 851,869 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in 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 period. Dimensional Fund Advisors LP boosted its stake in shares of IPG Photonics by 4.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,755,864 shares of the semiconductor company’s stock valued at $139,045,000 after purchasing an additional 68,366 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of IPG Photonics by 53.7% in the 2nd quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock valued at $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.

About IPG Photonics

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.