IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells $2,165,941.42 in Stock

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 29,167 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $74.26, for a total value of $2,165,941.42. Following the completion of the sale, the insider owned 6,756,503 shares of the company’s stock, valued at approximately $501,737,912.78. This trade represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Fibre Devices Ltd Ip also recently made the following trade(s):

• On Monday, November 24th, Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock. The shares were sold at an average price of $76.36, for a total transaction of $2,672,600.00.
• On Tuesday, October 21st, Fibre Devices Ltd Ip sold 23,966 shares of IPG Photonics stock. The stock was sold at an average price of $87.92, for a total value of $2,107,090.72.
• On Monday, October 20th, Fibre Devices Ltd Ip sold 23,642 shares of IPG Photonics stock. The shares were sold at an average price of $87.70, for a total transaction of $2,073,403.40.
• On Friday, October 17th, Fibre Devices Ltd Ip sold 16,559 shares of IPG Photonics stock. The shares were sold at an average price of $84.68, for a total transaction of $1,402,216.12.
• On Monday, September 22nd, Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock. The shares were sold at an average price of $82.10, for a total value of $2,873,500.00.
• On Friday, September 19th, Fibre Devices Ltd Ip sold 29,167 shares of IPG Photonics stock. The shares were sold at an average price of $81.49, for a total transaction of $2,376,818.83.

IPG Photonics Stock Performance

NASDAQ IPGP traded up $1.02 during trading hours on Tuesday, hitting $77.61. The company had a trading volume of 366,122 shares, compared to its average volume of 283,169. The firm has a market capitalization of $3.27 billion, a price-to-earnings ratio of -15.84, a PEG ratio of 23.95 and a beta of 1.04. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $92.21. The firm has a 50 day simple moving average of $83.13 and a 200 day simple moving average of $76.73.

IPG Photonics (NASDAQ:IPGP) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.19. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The firm had revenue of $250.79 million for the quarter, compared to analysts’ expectations of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. On average, research analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Institutional Investors Weigh In On IPG Photonics

Large investors have recently modified their holdings of the company. Advisory Services Network LLC purchased a new position in IPG Photonics in the third quarter valued at approximately $211,000. Eaton Financial Holdings Company LLC boosted its stake in IPG Photonics by 28.0% in the third quarter. Eaton Financial Holdings Company LLC now owns 7,292 shares of the semiconductor company’s stock valued at $577,000 after acquiring an additional 1,595 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of IPG Photonics by 6.5% during the third quarter. CANADA LIFE ASSURANCE Co now owns 23,637 shares of the semiconductor company’s stock worth $1,863,000 after purchasing an additional 1,436 shares during the last quarter. Caxton Associates LLP grew its position in shares of IPG Photonics by 25.7% during the third quarter. Caxton Associates LLP now owns 18,277 shares of the semiconductor company’s stock worth $1,447,000 after acquiring an additional 3,739 shares during the last quarter. Finally, Mariner LLC boosted its stake in IPG Photonics by 10.9% during the 3rd quarter. Mariner LLC now owns 9,462 shares of the semiconductor company’s stock worth $749,000 after purchasing an additional 927 shares during the period. 93.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on IPGP shares. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, November 19th. Wall Street Zen upgraded IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Citigroup upgraded IPG Photonics from a “sell” rating to a “buy” rating and lifted their price target for the company from $68.00 to $105.00 in a research report on Wednesday, November 5th. Sanford C. Bernstein upgraded IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a research note on Thursday, August 7th. Finally, Stifel Nicolaus set a $92.00 price objective on IPG Photonics in a research report on Tuesday, November 4th. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, IPG Photonics presently 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.