S Squared Technology LLC Takes Position in IPG Photonics Corporation $IPGP

Key Points

• S Squared Technology LLC has acquired a position of approximately $4.35 million in IPG Photonics, owning about 0.16% of the company's stock, making it the 17th largest holding in their portfolio.
• Multiple large investors, including UMB Bank and Assetmark Inc., have recently increased their stakes in IPG Photonics, highlighting a growing interest among institutional investors.
• IPG Photonics reported $0.30 EPS for the past quarter, exceeding expectations, although revenue saw a 2.7% decline year-over-year.

S Squared Technology LLC purchased a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 68,866 shares of the semiconductor company's stock, valued at approximately $4,348,000. IPG Photonics comprises 2.2% of S Squared Technology LLC's portfolio, making the stock its 17th biggest position. S Squared Technology LLC owned 0.16% of IPG Photonics at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC bought a new position in IPG Photonics during the first quarter valued at $39,000. UMB Bank n.a. increased its position 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 IPG Photonics by 18.1% in the first quarter. Assetmark Inc. now owns 1,594 shares of the semiconductor company's stock valued at $101,000 after purchasing an additional 244 shares in the last quarter. Versant Capital Management Inc lifted its position 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 valued at $115,000 after purchasing an additional 865 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in IPG Photonics in the 4th quarter worth approximately $134,000. Hedge funds and other institutional investors own 93.79% of the company's stock.

IPG Photonics Stock Down 3.2%

Shares of NASDAQ:IPGP traded down $2.66 during midday trading on Friday, hitting $79.94. 236,133 shares of the stock traded hands, compared to its average volume of 206,199. The business's 50 day moving average is $77.92 and its two-hundred day moving average is $67.94. The stock has a market capitalization of $3.38 billion, a PE ratio of -16.31, a P/E/G ratio of 23.37 and a beta of 0.95. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $88.50.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.20. The business had revenue of $250.72 million during 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 quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.45 EPS. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on IPGP shares. 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 research report on Thursday, August 7th. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, IPG Photonics has an average rating of "Moderate Buy" and an average target price of $75.00.

Insiders Place Their Bets

In related news, SVP Trevor Ness sold 1,678 shares of the business's stock in a transaction dated 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 in the company, valued at $3,503,634.42. The trade was a 3.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the firm's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $76.24, for a total transaction of $103,686.40. Following the completion of the sale, the director owned 9,740 shares of the company's stock, valued at $742,577.60. This trade represents 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 currently owned by insiders.

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.