Kerrisdale Advisers LLC Acquires 18,010 Shares of IPG Photonics Corporation $IPGP

Key Points

• Kerrisdale Advisers increased its IPG Photonics stake by 76.8% in the second quarter, acquiring 18,010 shares and holding 41,450 shares worth approximately $4.86 million. Institutional investors collectively own 93.79% of the company.
• IPG Photonics insiders sold 183,888 shares worth about $18.25 million during the past quarter, while two directors also reported sales conducted under pre-arranged Rule 10b5-1 plans.
• Analyst sentiment remains moderately bullish, with a consensus “Moderate Buy” rating and a $142.60 target price, despite IPGP shares opening at $76.53 and trading well below their 52-week high of $155.82. The company recently beat quarterly EPS estimates, reporting $0.58 versus the $0.37 consensus.

Kerrisdale Advisers LLC lifted its stake in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 76.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,450 shares of the semiconductor company's stock after acquiring an additional 18,010 shares during the period. IPG Photonics makes up 1.2% of Kerrisdale Advisers LLC's portfolio, making the stock its 18th largest holding. Kerrisdale Advisers LLC owned approximately 0.10% of IPG Photonics worth $4,863,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Benjamin Edwards Inc. raised its stake in IPG Photonics by 19.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 3,006 shares of the semiconductor company's stock valued at $353,000 after purchasing an additional 493 shares during the last quarter. GTS Securities LLC bought a new stake in IPG Photonics in the 2nd quarter valued at $239,000. Northwestern Mutual Wealth Management Co. grew its position in IPG Photonics by 350.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 739 shares of the semiconductor company's stock worth $87,000 after purchasing an additional 575 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in IPG Photonics by 10.4% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 80,219 shares of the semiconductor company's stock worth $9,411,000 after purchasing an additional 7,569 shares during the last quarter. Finally, Equitable Holdings Inc. bought a new position in shares of IPG Photonics during the 2nd quarter worth about $688,000. Institutional investors own 93.79% of the company's stock.

Insider Activity

In other IPG Photonics news, Director Tang Agnes sold 1,511 shares of IPG Photonics stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $117.85, for a total transaction of $178,071.35. Following the sale, the director directly owned 9,588 shares of the company's stock, valued at approximately $1,129,945.80. The trade was a 13.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the company's stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $86.61, for a total value of $131,993.64. Following the completion of the sale, the director owned 48,210 shares in the company, valued at approximately $4,175,468.10. This represents a 3.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 183,888 shares of company stock valued at $18,254,751. 37.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on IPGP shares. Citigroup reduced their target price on shares of IPG Photonics from $150.00 to $137.00 and set a "buy" rating for the company in a research note on Tuesday, August 11th. Wall Street Zen lowered IPG Photonics from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of IPG Photonics in a report on Wednesday, June 24th. Stifel Nicolaus reduced their price objective on IPG Photonics from $165.00 to $125.00 and set a "buy" rating for the company in a research report on Wednesday, May 6th. Finally, Needham & Company LLC raised their price objective on IPG Photonics from $110.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $142.60.

IPG Photonics Stock Performance

Shares of IPGP stock opened at $76.53 on Monday. IPG Photonics Corporation has a 52-week low of $69.41 and a 52-week high of $155.82. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 117.74, a P/E/G ratio of 2.03 and a beta of 0.96. The firm has a fifty day moving average of $94.05 and a 200-day moving average of $110.36.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.21. The business had revenue of $278.58 million for the quarter, compared to analyst estimates of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm's revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, sell-side analysts predict that IPG Photonics Corporation will post 1.82 earnings per share for the current year.

IPG Photonics Profile

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company's core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG's systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.

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