IPG Photonics Corporation $IPGP Shares Bought by Federation des caisses Desjardins du Quebec

Federation des caisses Desjardins du Quebec increased its position in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 63,033.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,940 shares of the semiconductor company's stock after purchasing an additional 18,910 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in IPG Photonics were worth $1,196,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Merit Financial Group LLC acquired a new stake in shares of IPG Photonics during the first quarter worth about $343,000. American Century Companies Inc. raised its stake in shares of IPG Photonics by 126.6% during the 1st quarter. American Century Companies Inc. now owns 212,693 shares of the semiconductor company's stock worth $13,429,000 after buying an additional 118,827 shares during the period. Deutsche Bank AG raised its stake in shares of IPG Photonics by 699.2% during the 1st quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company's stock worth $3,660,000 after buying an additional 50,711 shares during the period. Retirement Systems of Alabama increased its position in shares of IPG Photonics by 20.5% during the first quarter. Retirement Systems of Alabama now owns 215,573 shares of the semiconductor company's stock worth $13,611,000 after purchasing an additional 36,648 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of IPG Photonics by 194.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,568 shares of the semiconductor company's stock worth $794,000 after purchasing an additional 8,294 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company's stock.

Insider Buying and Selling at IPG Photonics

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Sanford C. Bernstein raised IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 target price on the stock in a research note on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, IPG Photonics has a consensus rating of "Moderate Buy" and an average price target of $75.00.

IPG Photonics Stock Down 3.2%

NASDAQ:IPGP traded down $2.66 during mid-day trading on Friday, reaching $79.94. 236,133 shares of the stock were exchanged, compared to its average volume of 206,199. The company has a 50 day simple moving average of $77.92 and a 200-day simple moving average of $68.00. The stock has a market capitalization of $3.38 billion, a P/E ratio of -16.31, a P/E/G ratio of 23.37 and a beta of 0.95. 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 announced its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.20. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.The company had revenue of $250.72 million for the quarter, compared to the consensus estimate of $228.20 million. During the same period last year, the business posted $0.45 EPS. The company's revenue was down 2.7% on a year-over-year basis. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, research analysts predict that IPG Photonics Corporation will post 1.54 EPS for the current year.

About IPG Photonics

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.