182,386 Shares in IPG Photonics Corporation $IPGP Acquired by Jacobs Levy Equity Management Inc.

Jacobs Levy Equity Management Inc. bought a new position in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 182,386 shares of the semiconductor company's stock, valued at approximately $11,516,000. Jacobs Levy Equity Management Inc. owned about 0.43% of IPG Photonics at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of IPG Photonics by 4.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,274 shares of the semiconductor company's stock worth $311,000 after purchasing an additional 194 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of IPG Photonics by 4.6% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,408 shares of the semiconductor company's stock worth $341,000 after purchasing an additional 236 shares during the last quarter. Assetmark Inc. grew its stake in shares of IPG Photonics by 18.1% in 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 last quarter. UMB Bank n.a. grew its stake in shares of IPG Photonics by 107.5% in 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 last quarter. Finally, US Bancorp DE grew its stake in shares of IPG Photonics by 7.4% in the first quarter. US Bancorp DE now owns 7,877 shares of the semiconductor company's stock worth $497,000 after purchasing an additional 544 shares during the last quarter. 93.79% of the stock is owned by institutional investors.

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 completion of the transaction, the director directly owned 9,740 shares in the company, valued at approximately $742,577.60. This trade represents a 12.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction, the senior vice president owned 42,243 shares of the company's stock, valued at $3,503,634.42. The trade was a 3.82% 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 company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Wall Street Zen raised IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Sanford C. Bernstein upgraded shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective for the company in a report on Thursday, August 7th. One investment 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 issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $75.00.

IPG Photonics Price Performance

IPGP traded down $2.66 on Friday, hitting $79.94. The company had a trading volume of 236,133 shares, compared to its average volume of 206,199. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $88.50. The stock has a fifty day simple moving average of $77.92 and a 200-day simple moving average of $67.94. The firm 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 (NASDAQ:IPGP - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. During the same period last year, the business earned $0.45 earnings per share. The business'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. Equities research analysts expect that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal 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.