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

Federation des caisses Desjardins du Quebec raised its position in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 63,033.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 18,940 shares of the semiconductor company's stock after buying 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 filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Ieq Capital LLC acquired a new position in IPG Photonics in the 1st quarter valued at $1,556,000. Jump Financial LLC grew its stake in shares of IPG Photonics by 62.6% during the 1st quarter. Jump Financial LLC now owns 58,612 shares of the semiconductor company's stock worth $3,701,000 after purchasing an additional 22,573 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in shares of IPG Photonics by 38.7% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 189,992 shares of the semiconductor company's stock worth $11,996,000 after purchasing an additional 52,980 shares during the period. AlphaQuest LLC acquired a new position in shares of IPG Photonics during the 1st quarter worth $324,000. Finally, Capital Fund Management S.A. acquired a new position in shares of IPG Photonics during the 1st quarter worth $2,178,000. 93.79% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at IPG Photonics

In related 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 value of $139,173.32. Following the sale, the senior vice president directly owned 42,243 shares of the company's stock, valued at approximately $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 this hyperlink. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the 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 directly owned 9,740 shares in the company, valued at approximately $742,577.60. The trade was a 12.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. 39.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on IPGP. Wall Street Zen raised shares of IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Sanford C. Bernstein raised shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price target on the stock in a research note 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 assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $75.00.

IPG Photonics Stock Performance

NASDAQ IPGP traded down $2.66 during trading hours on Friday, reaching $79.94. The company's stock had a trading volume of 236,133 shares, compared to its average volume of 206,199. The stock has a market cap of $3.38 billion, a PE ratio of -16.31, a PEG ratio of 23.37 and a beta of 0.95. IPG Photonics Corporation has a fifty-two week low of $48.59 and a fifty-two week high of $88.50. The company's 50-day moving average is $77.92 and its two-hundred day moving average is $67.94.

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

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.