S Squared Technology LLC Has $5.07 Million Stake in IPG Photonics Corporation $IPGP

S Squared Technology LLC lifted its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 7.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 73,866 shares of the semiconductor company’s stock after acquiring an additional 5,000 shares during the quarter. IPG Photonics makes up about 2.1% of S Squared Technology LLC’s portfolio, making the stock its 17th biggest holding. S Squared Technology LLC’s holdings in IPG Photonics were worth $5,071,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in IPGP. Alliancebernstein L.P. lifted its holdings in IPG Photonics by 1,918.3% during the 1st 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 during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of IPG Photonics by 85.8% in the second 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. AQR Capital Management LLC raised its position in shares of IPG Photonics by 188.6% in the first quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock valued at $40,208,000 after purchasing an additional 416,186 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in shares of IPG Photonics during the 1st quarter worth about $11,516,000. Finally, Pacer Advisors Inc. boosted its holdings in shares of IPG Photonics by 4,282.2% during the 1st quarter. Pacer Advisors Inc. now owns 175,113 shares of the semiconductor company’s stock worth $11,057,000 after buying an additional 171,117 shares during the period. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Stock Down 2.0%

IPG Photonics stock opened at $87.94 on Monday. The stock has a market cap of $3.70 billion, a PE ratio of -17.95, a P/E/G ratio of 23.95 and a beta of 1.04. IPG Photonics Corporation has a 12-month low of $48.59 and a 12-month high of $92.21. The business’s 50-day moving average price is $83.68 and its two-hundred day moving average price is $75.20.

IPG Photonics (NASDAQ:IPGP) last issued its quarterly earnings data 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 business had revenue of $250.79 million during the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. As a group, analysts expect 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, SVP Trevor Ness sold 1,678 shares of the stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $87.00, for a total value of $145,986.00. Following the completion of the transaction, the senior vice president directly owned 38,887 shares in the company, valued at approximately $3,383,169. This trade represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eugene A. Scherbakov sold 2,700 shares of the business’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $87.64, for a total value of $236,628.00. Following the sale, the director owned 67,430 shares in the company, valued at approximately $5,909,565.20. This trade represents a 3.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 274,020 shares of company stock worth $22,846,832 over the last 90 days. 39.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on IPGP. Stifel Nicolaus set a $92.00 price target on shares of IPG Photonics in a report on Tuesday, November 4th. Wall Street Zen upgraded IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Citigroup raised IPG Photonics from a “sell” rating to a “buy” rating and lifted their price target for the stock from $68.00 to $105.00 in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of IPG Photonics in a report on Wednesday, October 8th. Finally, Sanford C. Bernstein raised IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 target price for the company in a report on Thursday, August 7th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, IPG Photonics has a consensus rating of “Moderate Buy” and an average target price of $89.33.

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.