24,642 Shares in IPG Photonics Corporation $IPGP Purchased by Ieq Capital LLC

Key Points

• Ieq Capital LLC has acquired a new stake in IPG Photonics Corporation, purchasing 24,642 shares valued at approximately $1.56 million, representing about 0.06% ownership of the company.
• Institutional investors together own 93.79% of IPG Photonics stock, with notable increases in holdings from several firms, including Pacer Advisors and American Century Companies.
• Brokerage upgrades have started coming in, with Sanford C. Bernstein rating IPG Photonics as "outperform" and setting a price target of $97.00, while the stock currently holds a consensus rating of "Moderate Buy" with an average target price of $75.00.

Ieq Capital LLC acquired a new position in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 24,642 shares of the semiconductor company's stock, valued at approximately $1,556,000. Ieq Capital LLC owned 0.06% of IPG Photonics at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Pacer Advisors Inc. grew its holdings in IPG Photonics by 4,282.2% during the first quarter. Pacer Advisors Inc. now owns 175,113 shares of the semiconductor company's stock worth $11,057,000 after buying an additional 171,117 shares in the last quarter. American Century Companies Inc. increased its stake in IPG Photonics by 126.6% in the 1st quarter. American Century Companies Inc. now owns 212,693 shares of the semiconductor company's stock worth $13,429,000 after purchasing an additional 118,827 shares during the period. Ameriprise Financial Inc. grew its position in shares of IPG Photonics by 65.1% in the 4th quarter. Ameriprise Financial Inc. now owns 298,845 shares of the semiconductor company's stock worth $21,732,000 after buying an additional 117,846 shares during the last quarter. Sora Investors LLC boosted its position in shares of IPG Photonics by 94.8% during the fourth quarter. Sora Investors LLC now owns 165,611 shares of the semiconductor company's stock valued at $12,043,000 after purchasing an additional 80,611 shares in the last quarter. Finally, Nuveen LLC purchased a new position in IPG Photonics during the first quarter valued at $3,957,000. Institutional investors own 93.79% of the company's stock.

IPG Photonics Trading Up 1.2%

NASDAQ:IPGP traded up $0.95 during trading hours on Wednesday, hitting $81.12. The company's stock had a trading volume of 255,314 shares, compared to its average volume of 225,347. The stock has a fifty day moving average of $76.37 and a 200-day moving average of $67.03. The stock has a market capitalization of $3.42 billion, a P/E ratio of -16.56, a price-to-earnings-growth ratio of 23.15 and a beta of 0.95. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $88.50.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last announced 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. 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 during the quarter, compared to the consensus estimate of $228.20 million. During the same quarter in the prior year, the firm earned $0.45 earnings per share. The business'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. On average, sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

IPGP has been the subject of several recent research reports. Raymond James Financial cut their price target on IPG Photonics from $80.00 to $70.00 and set a "strong-buy" rating for the company in a report on Wednesday, May 7th. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Sanford C. Bernstein raised IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective on the stock in a research note on Thursday, August 7th. One 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 company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $75.00.

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.