Jump Financial LLC Has $3.70 Million Stock Holdings in IPG Photonics Corporation $IPGP

Key Points

• Jump Financial LLC increased its stake in IPG Photonics Corporation by 62.6%, owning approximately 0.14% of the company worth $3.7 million as of the latest SEC filing.
• IPG Photonics reported earnings of $0.30 per share for the latest quarter, exceeding analysts' expectations and showing a slight revenue decline of 2.7% year-over-year.
• Several analysts have upgraded their ratings on IPG Photonics, with Wall Street Zen changing its rating from "sell" to "hold" and Sanford C. Bernstein upgrading it to "outperform" with a target price of $97.00.

Jump Financial LLC boosted its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 62.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,612 shares of the semiconductor company's stock after purchasing an additional 22,573 shares during the quarter. Jump Financial LLC owned 0.14% of IPG Photonics worth $3,701,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC acquired a new stake in IPG Photonics during the first quarter worth $39,000. UMB Bank n.a. boosted 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 buying an additional 329 shares in the last quarter. Assetmark Inc. boosted 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 buying an additional 244 shares in the last quarter. Versant Capital Management Inc boosted 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 buying an additional 865 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in IPG Photonics during the fourth quarter worth $134,000. 93.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Sanford C. Bernstein raised 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. Wall Street Zen raised IPG Photonics from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Finally, Raymond James Financial cut their price objective on IPG Photonics from $80.00 to $70.00 and set a "strong-buy" rating for the company in a report on Wednesday, May 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $75.00.

Insider Transactions at IPG Photonics

In related news, SVP Trevor Ness sold 1,678 shares of IPG Photonics stock in a transaction dated 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 sale, the senior vice president directly owned 42,243 shares in the company, valued at $3,503,634.42. This trade represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jeanmarie F. Desmond sold 1,360 shares of IPG Photonics stock in a transaction dated 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 39.50% of the company's stock.

IPG Photonics Trading Up 1.6%

Shares of IPG Photonics stock traded up $1.35 during trading on Thursday, reaching $84.98. The company's stock had a trading volume of 315,382 shares, compared to its average volume of 235,165. The stock has a 50-day moving average price of $75.26 and a two-hundred day moving average price of $66.53. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $88.50. The stock has a market capitalization of $3.59 billion, a P/E ratio of -17.34, a price-to-earnings-growth ratio of 23.95 and a beta of 0.88.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 business had revenue of $250.72 million during the quarter, compared to analysts' expectations of $228.20 million. During the same period in the previous year, the business posted $0.45 earnings per share. The firm's revenue for the quarter was down 2.7% compared to the same quarter last year. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, sell-side analysts anticipate that IPG Photonics Corporation will post 1.54 EPS 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.