Caxton Associates LLP Buys New Position in IPG Photonics Corporation $IPGP

Key Points

• Caxton Associates LLP has acquired a new stake in IPG Photonics Corporation, purchasing 26,318 shares valued at approximately $1.66 million, representing about 0.06% ownership in the company.
• IPG Photonics reported earnings per share (EPS) of $0.30 for the last quarter, exceeding analyst expectations of $0.10, but with a 2.7% year-over-year revenue decline.
• Despite recent stock sales by insiders and a mixed analyst consensus rating, IPG Photonics has a market cap of $3.50 billion and analysts predict an average EPS of 1.54 for the current fiscal year.

Caxton Associates LLP purchased a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 26,318 shares of the semiconductor company's stock, valued at approximately $1,662,000. Caxton Associates LLP owned approximately 0.06% of IPG Photonics as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fred Alger Management LLC bought a new position in shares of IPG Photonics in the 1st quarter valued at about $258,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in IPG Photonics by 20.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,024 shares of the semiconductor company's stock valued at $2,541,000 after purchasing an additional 6,741 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in shares of IPG Photonics in the 1st quarter valued at approximately $11,516,000. Alliancebernstein L.P. lifted its stake in shares of IPG Photonics by 1,918.3% in 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. Finally, AQR Capital Management LLC boosted its holdings in shares of IPG Photonics by 188.6% in the 1st quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company's stock worth $40,208,000 after purchasing an additional 416,186 shares during the period. 93.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

IPGP has been the subject of a number of analyst reports. 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 report on Thursday, August 7th. Wall Street Zen upgraded shares of IPG Photonics from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, IPG Photonics has an average rating of "Moderate Buy" and an average price target of $75.00.

IPG Photonics Stock Down 3.2%

IPGP stock traded down $2.66 during trading on Friday, hitting $79.94. The company had a trading volume of 236,133 shares, compared to its average volume of 209,620. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $88.50. The company has a 50 day simple moving average of $77.92 and a 200-day simple moving average of $68.07. The firm has a market capitalization of $3.38 billion, a P/E ratio of -16.31, a PEG ratio of 22.62 and a beta of 0.95.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.20. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The business had revenue of $250.72 million for the quarter, compared to analyst estimates of $228.20 million. During the same period last year, the company posted $0.45 earnings per share. The company's quarterly revenue was down 2.7% compared to the same quarter last year. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insider Buying and Selling at IPG Photonics

In other IPG Photonics news, SVP Trevor Ness sold 1,678 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $82.94, for a total transaction of $139,173.32. Following the transaction, the senior vice president directly owned 42,243 shares in the company, valued at $3,503,634.42. This represents a 3.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the business's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $76.24, for a total transaction of $103,686.40. Following the completion of the sale, the director owned 9,740 shares of the company's stock, valued at approximately $742,577.60. This represents a 12.25% decrease in their position. The disclosure for this sale can be found here. Company insiders own 39.50% of the company's stock.

IPG Photonics 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.