QSM Asset Management Ltd Acquires New Shares in IPG Photonics Corporation $IPGP

Key Points

• QSM Asset Management Ltd acquired 26,500 shares of IPG Photonics Corporation valued at approximately $1,819,000, making IPG Photonics 1.7% of its investment portfolio.
• Institutional investors own approximately 93.79% of IPG Photonics' shares, with several firms, including Millennium Management LLC and Tidal Investments LLC, significantly increasing their holdings in recent months.
• IPG Photonics reported earnings of $0.30 per share for the last quarter, exceeding estimates, though revenue declined 2.7% compared to the previous year.

QSM Asset Management Ltd acquired a new stake in IPG Photonics Corporation (NASDAQ:IPGP - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 26,500 shares of the semiconductor company's stock, valued at approximately $1,819,000. IPG Photonics comprises 1.7% of QSM Asset Management Ltd's investment portfolio, making the stock its 17th largest holding. QSM Asset Management Ltd owned 0.06% of IPG Photonics at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of IPGP. Millennium Management LLC raised its holdings in IPG Photonics by 98.1% in the 4th quarter. Millennium Management LLC now owns 41,669 shares of the semiconductor company's stock worth $3,030,000 after acquiring an additional 20,639 shares during the period. Tidal Investments LLC raised its holdings in IPG Photonics by 53.9% in the 4th quarter. Tidal Investments LLC now owns 14,765 shares of the semiconductor company's stock worth $1,074,000 after acquiring an additional 5,173 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in IPG Photonics by 10.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 86,725 shares of the semiconductor company's stock worth $6,307,000 after acquiring an additional 8,041 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in IPG Photonics by 4.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,274 shares of the semiconductor company's stock worth $311,000 after acquiring an additional 194 shares during the period. Finally, Versant Capital Management Inc raised its holdings in IPG Photonics by 90.7% in the 1st quarter. Versant Capital Management Inc now owns 1,819 shares of the semiconductor company's stock worth $115,000 after acquiring an additional 865 shares during the period. Institutional investors own 93.79% of the company's stock.

IPG Photonics Stock Performance

Shares of NASDAQ:IPGP opened at $81.36 on Tuesday. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $88.50. The company has a market capitalization of $3.44 billion, a PE ratio of -16.60, a PEG ratio of 22.57 and a beta of 0.95. The company has a 50 day moving average price of $78.86 and a two-hundred day moving average price of $68.93.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, topping 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 company had revenue of $250.72 million during the quarter, compared to the consensus estimate of $228.20 million. During the same quarter in the prior year, the firm earned $0.45 earnings per share. The firm's revenue 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. On average, sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insider Activity at IPG Photonics

In other news, major shareholder Valentin Gapontsev Trust I sold 14,180 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $80.67, for a total transaction of $1,143,900.60. Following the completion of the sale, the insider owned 7,059,099 shares of the company's stock, valued at $569,457,516.33. This represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Trevor Ness sold 1,678 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $82.64, for a total transaction of $138,669.92. Following the sale, the senior vice president directly owned 40,565 shares of the company's stock, valued at $3,352,291.60. This represents a 3.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 135,383 shares of company stock worth $10,998,496 over the last three months. 39.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on IPGP shares. Wall Street Zen upgraded shares of IPG Photonics from a "sell" rating to a "hold" rating in a report 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 on the stock in a report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average 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.

Want to see what other hedge funds are holding IPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IPG Photonics Corporation (NASDAQ:IPGP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.