IPG Photonics (NASDAQ:IPGP) Major Shareholder Fibre Devices Ltd Ip Sells 29,167 Shares

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 29,167 shares of the business’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $74.26, for a total transaction of $2,165,941.42. Following the completion of the transaction, the insider directly owned 6,756,503 shares in the company, valued at $501,737,912.78. This represents a 0.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock 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 transaction of $2,107,090.72.
• On Monday, October 20th, Fibre Devices Ltd Ip sold 23,642 shares of IPG Photonics stock. The stock was 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 value 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 Up 1.3%

Shares of IPGP stock traded up $1.02 on Tuesday, reaching $77.61. 366,122 shares of the stock were exchanged, compared to its average volume of 283,169. The stock has a market cap of $3.27 billion, a P/E ratio of -15.84, a price-to-earnings-growth ratio of 23.95 and a beta of 1.04. The firm has a 50 day moving average of $83.13 and a two-hundred day moving average of $76.73. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $92.21.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly 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. 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 analyst estimates of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. On average, equities research analysts predict that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Institutional Trading of IPG Photonics

A number of large investors have recently bought and sold shares of IPGP. True Wealth Design LLC grew its position in shares of IPG Photonics by 1,621.7% during the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 373 shares during the period. Versant Capital Management Inc grew its position in shares of IPG Photonics by 51.1% during the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 116 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of IPG Photonics by 207.1% in the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock worth $30,000 after buying an additional 290 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 578 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of IPG Photonics by 76.9% during the 2nd quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock valued at $52,000 after acquiring an additional 332 shares during the last quarter. 93.79% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

IPGP has been the subject of several research analyst reports. Stifel Nicolaus set a $92.00 price target on shares of IPG Photonics in a research report on Tuesday, November 4th. Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, November 19th. Sanford C. Bernstein upgraded shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target on the stock in a research report on Thursday, August 7th. Finally, Roth Capital set a $96.00 target price on IPG Photonics and gave the stock a “buy” rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.