IPG Photonics (NASDAQ:IPGP) Trading Up 5.8% – Here’s What Happened

Shares of IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) were up 5.8% during trading on Wednesday . The stock traded as high as $133.30 and last traded at $129.09. Approximately 225,103 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 548,038 shares. The stock had previously closed at $121.96.

Analysts Set New Price Targets

Several analysts have recently commented on IPGP shares. Stifel Nicolaus lowered their price target on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Citigroup increased their price target on shares of IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC upgraded shares of IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 price target on the stock in a research report on Wednesday, May 6th. Wall Street Zen lowered shares of IPG Photonics from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Friday, March 27th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on 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 Report on IPGP

IPG Photonics Stock Up 0.7%

The firm has a market cap of $5.20 billion, a PE ratio of 177.55, a P/E/G ratio of 3.54 and a beta of 0.95. The firm’s 50 day moving average is $115.87 and its 200-day moving average is $103.51.

IPG Photonics (NASDAQ:IPGPGet Free Report) last announced 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 firm 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 quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.09 EPS. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, analysts forecast that IPG Photonics Corporation will post 1.66 earnings per share for the current year.

Insider Activity at IPG Photonics

In related news, CAO Mary E. Buttarazzi sold 500 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $116.22, for a total transaction of $58,110.00. Following the transaction, the chief accounting officer 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 filing with the SEC, which is available at the SEC website. Also, Director Jeanmarie F. Desmond sold 1,690 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $105.58, for a total transaction of $178,430.20. Following the transaction, the director directly owned 10,486 shares in the company, valued at $1,107,111.88. The trade was a 13.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 12,165 shares of company stock valued at $1,431,645. Company insiders own 37.50% of the company’s stock.

Hedge Funds Weigh In On IPG Photonics

A number of large investors have recently bought and sold shares of IPGP. Caitong International Asset Management Co. Ltd raised its stake in IPG Photonics by 184.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 295 shares during the period. Rockefeller Capital Management L.P. raised its stake in IPG Photonics by 43.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 552 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 166 shares during the period. Global Retirement Partners LLC raised its stake in IPG Photonics by 428.9% during the fourth quarter. Global Retirement Partners LLC now owns 677 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 549 shares during the period. Hantz Financial Services Inc. raised its stake in IPG Photonics by 332.9% during the fourth quarter. Hantz Financial Services Inc. now owns 684 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 526 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in IPG Photonics by 348.2% during the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 578 shares during the period. Hedge funds and other institutional investors own 93.79% of the company’s stock.

IPG Photonics Company Profile

(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.

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