Jacobs Levy Equity Management Inc. Buys New Stake in IPG Photonics Corporation $IPGP

Jacobs Levy Equity Management Inc. purchased a new position in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 182,386 shares of the semiconductor company's stock, valued at approximately $11,516,000. Jacobs Levy Equity Management Inc. owned 0.43% of IPG Photonics as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IPGP. Larson Financial Group LLC acquired a new stake in IPG Photonics during the 1st quarter worth about $39,000. UMB Bank n.a. grew its position in shares of IPG Photonics by 107.5% during the 1st quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 329 shares during the period. Assetmark Inc. grew its position in shares of IPG Photonics by 18.1% during the 1st quarter. Assetmark Inc. now owns 1,594 shares of the semiconductor company's stock valued at $101,000 after acquiring an additional 244 shares during the period. Versant Capital Management Inc grew its position in shares of IPG Photonics by 90.7% during the 1st quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company's stock valued at $115,000 after acquiring an additional 865 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of IPG Photonics during the 4th quarter valued at about $134,000. 93.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity at IPG Photonics

In other news, Director Jeanmarie F. Desmond sold 1,360 shares of IPG Photonics stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $76.24, for a total transaction of $103,686.40. Following the sale, the director owned 9,740 shares of the company's stock, valued at approximately $742,577.60. The trade was a 12.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Trevor Ness sold 1,678 shares of IPG Photonics stock in a transaction that occurred 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 sale, the senior vice president directly owned 42,243 shares in the company, valued at approximately $3,503,634.42. The trade was a 3.82% decrease in their position. The disclosure for this sale can be found here. 39.50% of the stock is currently owned by insiders.

IPG Photonics Stock Down 3.2%

IPGP traded down $2.66 during trading 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 firm has a fifty day simple moving average of $77.92 and a two-hundred day simple moving average of $68.00. IPG Photonics Corporation has a 1 year low of $48.59 and a 1 year high of $88.50. The company has a market cap of $3.38 billion, a price-to-earnings ratio of -16.31, a PEG ratio of 23.37 and a beta of 0.95.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.20. The business had revenue of $250.72 million for 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 company posted $0.45 EPS. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, equities analysts forecast that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on IPGP. 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. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, IPG Photonics has a consensus rating of "Moderate Buy" and a consensus target price of $75.00.

IPG Photonics 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.