IPG Photonics Corporation $IPGP Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC lifted its position in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 188.6% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 636,804 shares of the semiconductor company's stock after buying an additional 416,186 shares during the period. AQR Capital Management LLC owned 1.50% of IPG Photonics worth $40,208,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Larson Financial Group LLC purchased a new position in shares of IPG Photonics during the first quarter valued at approximately $39,000. UMB Bank n.a. raised its stake in IPG Photonics by 107.5% during the first quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 329 shares during the period. Assetmark Inc. raised its stake in IPG Photonics by 18.1% during the first quarter. Assetmark Inc. now owns 1,594 shares of the semiconductor company's stock worth $101,000 after purchasing an additional 244 shares during the period. Versant Capital Management Inc raised its stake in IPG Photonics by 90.7% during the first quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company's stock worth $115,000 after purchasing an additional 865 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in IPG Photonics during the fourth quarter worth approximately $134,000. Hedge funds and other institutional investors own 93.79% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on IPGP shares. Sanford C. Bernstein raised shares of 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. Wall Street Zen raised shares of IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $75.00.

IPG Photonics Price Performance

IPGP traded down $1.66 during trading hours on Friday, reaching $80.94. 27,958 shares of the stock traded hands, compared to its average volume of 291,838. The firm's fifty day simple moving average is $77.80 and its two-hundred day simple moving average is $67.81. The company has a market cap of $3.42 billion, a price-to-earnings ratio of -16.49, a PEG ratio of 23.08 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.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.20. The business had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The business's revenue was down 2.7% on a year-over-year basis. During the same period last year, the business earned $0.45 EPS. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. On average, research analysts predict 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 firm's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $82.94, for a total transaction 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 $3,503,634.42. This trade 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 firm's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $76.24, for a total transaction of $103,686.40. Following the transaction, the director directly owned 9,740 shares of the company's stock, valued at approximately $742,577.60. This represents 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 owned by company 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.