IPG Photonics Corporation $IPGP Shares Sold by Polar Asset Management Partners Inc.

Key Points

• Polar Asset Management Partners Inc. has reduced its stake in IPG Photonics Corporation by 19.8%, holding 61,400 shares worth approximately $3.88 million after selling 15,200 shares in the first quarter.
• In Q2 2025, IPG Photonics reported earnings of $0.30 per share, outperforming estimates of $0.10, with revenues of $250.72 million, which was above the anticipated $228.20 million.
• Several institutional investors have increased their holdings in IPG Photonics, with Alliancebernstein L.P. boosting its position by an impressive 1,918.3%, now owning 1,429,241 shares valued at around $90.24 million.

Polar Asset Management Partners Inc. cut its holdings in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 19.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,400 shares of the semiconductor company's stock after selling 15,200 shares during the quarter. Polar Asset Management Partners Inc. owned about 0.14% of IPG Photonics worth $3,877,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Larson Financial Group LLC purchased a new stake in IPG Photonics in the first quarter valued at about $39,000. UMB Bank n.a. raised 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. Assetmark Inc. raised 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. Versant Capital Management Inc raised its stake in shares of IPG Photonics by 90.7% in 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 last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of IPG Photonics in the fourth quarter worth about $134,000. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

IPG Photonics Stock Performance

IPG Photonics stock traded down $0.35 during midday trading on Wednesday, hitting $81.58. 176,515 shares of the company were exchanged, compared to its average volume of 294,297. The firm has a market capitalization of $3.44 billion, a PE ratio of -16.65, a price-to-earnings-growth ratio of 23.45 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. The business has a fifty day simple moving average of $77.45 and a two-hundred day simple moving average of $67.57.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.10 by $0.20. The firm had revenue of $250.72 million for the quarter, compared to analyst estimates of $228.20 million. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.IPG Photonics's revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period last year, the company earned $0.45 earnings per share. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, equities analysts expect that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insider Activity

In other IPG Photonics news, SVP Trevor Ness sold 1,678 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $82.94, for a total value of $139,173.32. Following the sale, the senior vice president directly owned 42,243 shares of the company's stock, valued at approximately $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 is accessible through this hyperlink. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $76.24, for a total value of $103,686.40. Following the completion of the sale, the director directly owned 9,740 shares in the company, 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. 39.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on IPGP shares. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Sanford C. Bernstein upgraded IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective for the company in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, IPG Photonics has a consensus rating of "Moderate Buy" and an average price target of $75.00.

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.