IPG Photonics (NASDAQ:IPGP) Shares Gap Down – Here’s Why

IPG Photonics Corporation (NASDAQ:IPGP) shares gapped down before the market opened on Monday . The stock had previously closed at $82.50, but opened at $78.17. IPG Photonics shares last traded at $77.76, with a volume of 3,483 shares trading hands.

Wall Street Analyst Weigh In

IPGP has been the subject of several analyst reports. Roth Capital set a $96.00 price objective on IPG Photonics and gave the stock a “buy” rating in a research report on Monday, October 6th. Stifel Nicolaus set a $92.00 price target on IPG Photonics in a research report on Tuesday, November 4th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 8th. Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and lifted their price objective for the company from $68.00 to $105.00 in a research note on Wednesday, November 5th. Finally, Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $89.33.

IPG Photonics Trading Up 0.5%

The company has a market cap of $3.26 billion, a price-to-earnings ratio of 127.04, a P/E/G ratio of 19.96 and a beta of 1.02. The business has a 50-day moving average price of $83.15 and a 200 day moving average price of $78.28.

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

Insider Activity at IPG Photonics

In other IPG Photonics news, Director Eugene A. Scherbakov sold 2,700 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $76.03, for a total value of $205,281.00. Following the completion of the transaction, the director directly owned 64,730 shares in the company, valued at $4,921,421.90. This trade represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Tang Agnes sold 1,881 shares of IPG Photonics stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $76.75, for a total transaction of $144,366.75. Following the completion of the transaction, the director directly owned 8,663 shares in the company, valued at approximately $664,885.25. This trade represents a 17.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 423,451 shares of company stock valued at $33,982,726. Corporate insiders own 39.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in IPGP. Lazard Asset Management LLC boosted its stake in shares of 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 valued at $130,397,000 after buying an additional 851,869 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of IPG Photonics by 85.8% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock worth $121,830,000 after acquiring an additional 819,575 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in IPG Photonics by 4.1% during the third 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. Alliancebernstein L.P. grew its stake in IPG Photonics by 1,918.3% in the first quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock valued at $90,242,000 after purchasing an additional 1,358,428 shares in the last quarter. Finally, AQR Capital Management LLC grew 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 buying an additional 341,773 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

About IPG Photonics

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.