IPG Photonics Corporation $IPGP Shares Sold by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. reduced its stake in IPG Photonics by 68.1% in Q1, bringing its holdings to 19,303 shares valued at approximately $1.22 million.
• Alliancebernstein L.P. notably increased its holdings in IPG Photonics by 1,918.3% during the same quarter, now owning 1,429,241 shares worth around $90.24 million.
• IPG Photonics reported better-than-expected earnings in its last quarterly results, with an **EPS of $0.30**, surpassing forecasts of $0.10, despite a year-over-year revenue decline of 2.7%.

Goldman Sachs Group Inc. cut its position in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 68.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,303 shares of the semiconductor company's stock after selling 41,134 shares during the period. Goldman Sachs Group Inc.'s holdings in IPG Photonics were worth $1,219,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Inspire Investing LLC grew its position in IPG Photonics by 2.8% during the 1st quarter. Inspire Investing LLC now owns 6,383 shares of the semiconductor company's stock worth $403,000 after purchasing an additional 176 shares during the period. Jane Street Group LLC grew its position in IPG Photonics by 79.4% during the 1st quarter. Jane Street Group LLC now owns 122,105 shares of the semiconductor company's stock worth $7,710,000 after purchasing an additional 54,026 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in IPG Photonics by 0.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,469 shares of the semiconductor company's stock worth $5,523,000 after purchasing an additional 744 shares during the period. S Squared Technology LLC acquired a new stake in IPG Photonics during the 1st quarter worth about $4,348,000. Finally, Caxton Associates LLP acquired a new stake in IPG Photonics during the 1st quarter worth about $1,662,000. 93.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Sanford C. Bernstein upgraded IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 target price on the stock in a research report on Thursday, August 7th. 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $75.00.

IPG Photonics Stock Down 0.0%

Shares of IPG Photonics stock traded down $0.04 on Monday, hitting $81.36. 271,090 shares of the company were exchanged, compared to its average volume of 250,378. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of -16.60, a price-to-earnings-growth ratio of 22.57 and a beta of 0.95. The company has a 50-day moving average price of $78.86 and a 200 day moving average price of $68.93. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $88.50.

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

Insider Activity

In related news, SVP Trevor Ness sold 1,678 shares of IPG Photonics stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $82.64, for a total value of $138,669.92. Following the completion of the sale, the senior vice president owned 40,565 shares in the company, valued at approximately $3,352,291.60. This trade represents a 3.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Valentin Gapontsev Trust I sold 14,180 shares of IPG Photonics stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $80.67, for a total transaction of $1,143,900.60. Following the completion of the sale, the insider owned 7,059,099 shares of the company's stock, valued at $569,457,516.33. This trade represents a 0.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,383 shares of company stock worth $10,998,496 in the last 90 days. 39.50% of the stock is owned by corporate insiders.

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.