D.A. Davidson & CO. bought a new position in shares of IPG Photonics Corporation (NASDAQ:IPGP – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,207 shares of the semiconductor company’s stock, valued at approximately $1,170,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Assenagon Asset Management S.A. bought a new stake in shares of IPG Photonics during the 4th quarter worth $3,435,000. Moody National Bank Trust Division acquired a new stake in IPG Photonics in the fourth quarter valued at about $1,280,000. Legal & General Group Plc grew its position in IPG Photonics by 8.5% in the fourth quarter. Legal & General Group Plc now owns 199,766 shares of the semiconductor company’s stock valued at $14,303,000 after acquiring an additional 15,670 shares during the last quarter. First Eagle Investment Management LLC grew its position in IPG Photonics by 0.3% in the fourth quarter. First Eagle Investment Management LLC now owns 4,487,103 shares of the semiconductor company’s stock valued at $321,277,000 after acquiring an additional 12,344 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new position in IPG Photonics during the fourth quarter worth about $6,376,000. Institutional investors own 93.79% of the company’s stock.
Analyst Upgrades and Downgrades
IPGP has been the topic of a number of research analyst reports. Needham & Company LLC raised their price target on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Stifel Nicolaus lowered their price objective on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Roth Capital reissued a “buy” rating and issued a $151.00 price objective on shares of IPG Photonics in a research note on Tuesday, May 19th. Zacks Research lowered shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Citigroup boosted their target price on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $137.17.
Insider Transactions at IPG Photonics
In other IPG Photonics news, CFO Timothy Pv Mammen sold 9,975 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $119.81, for a total value of $1,195,104.75. Following the completion of the transaction, the chief financial officer directly owned 76,438 shares in the company, valued at approximately $9,158,036.78. This represents a 11.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $103.64, for a total transaction of $6,809,148.00. Following the transaction, the insider directly owned 6,463,302 shares of the company’s stock, valued at $669,856,619.28. The trade was a 1.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 80,400 shares of company stock worth $8,515,516. 37.50% of the stock is currently owned by insiders.
IPG Photonics Trading Down 4.8%
Shares of IPGP stock opened at $97.84 on Thursday. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 141.80, a PEG ratio of 2.99 and a beta of 0.94. The business’s 50-day moving average price is $110.91 and its 200-day moving average price is $110.97. IPG Photonics Corporation has a 12 month low of $71.35 and a 12 month high of $155.82.
IPG Photonics (NASDAQ:IPGP – Get Free Report) last released 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 during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the company earned $0.09 EPS. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, sell-side analysts predict that IPG Photonics Corporation will post 1.66 earnings per share for the current fiscal year.
IPG Photonics Company Profile
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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