Wealth Enhancement Advisory Services LLC Buys 3,820 Shares of IPG Photonics Corporation $IPGP

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in IPG Photonics by 30.4%, acquiring an additional 3,820 shares, bringing its total holdings to 16,388 shares valued at approximately $1.2 million.
• Several institutional investors, including American Century Companies Inc. and Deutsche Bank AG, significantly increased their positions in IPG Photonics during the first quarter, with institutional ownership now at 93.79%.
• Analysts have given IPG Photonics a consensus rating of "Moderate Buy" with an average target price of $75.00, following recent upgrades from research firms.

Wealth Enhancement Advisory Services LLC grew its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP - Free Report) by 30.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,388 shares of the semiconductor company's stock after buying an additional 3,820 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in IPG Photonics were worth $1,207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. American Century Companies Inc. raised its position in shares of IPG Photonics by 126.6% during the first quarter. American Century Companies Inc. now owns 212,693 shares of the semiconductor company's stock valued at $13,429,000 after buying an additional 118,827 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of IPG Photonics during the first quarter valued at approximately $343,000. Deutsche Bank AG increased its position in IPG Photonics by 699.2% in the first quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company's stock worth $3,660,000 after purchasing an additional 50,711 shares during the last quarter. Retirement Systems of Alabama increased its position in IPG Photonics by 20.5% in the first quarter. Retirement Systems of Alabama now owns 215,573 shares of the semiconductor company's stock worth $13,611,000 after purchasing an additional 36,648 shares during the last quarter. Finally, Jump Financial LLC increased its position in IPG Photonics by 62.6% in the first quarter. Jump Financial LLC now owns 58,612 shares of the semiconductor company's stock worth $3,701,000 after purchasing an additional 22,573 shares during the last quarter. Institutional investors own 93.79% of the company's stock.

Insider Buying and Selling

In related news, SVP Trevor Ness sold 1,678 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $82.64, for a total value of $138,669.92. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Eugene A. Scherbakov sold 2,700 shares of the company's stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $81.81, for a total transaction of $220,887.00. Following the completion of the sale, the director directly owned 70,130 shares of the company's stock, valued at approximately $5,737,335.30. This trade represents a 3.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 138,083 shares of company stock valued at $11,219,383 over the last quarter. 39.50% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of IPG Photonics from a "sell" rating to a "hold" rating in a research 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 target on the stock in a research report on Thursday, August 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $75.00.

IPG Photonics Trading Up 0.4%

Shares of IPGP opened at $79.19 on Wednesday. The firm has a market capitalization of $3.34 billion, a P/E ratio of -16.16, a P/E/G ratio of 21.87 and a beta of 0.95. IPG Photonics Corporation has a 12-month low of $48.59 and a 12-month high of $88.50. The firm has a fifty day moving average price of $79.52 and a 200-day moving average price of $69.68.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its 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. The firm had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The business's revenue was down 2.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.45 earnings per share. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Analysts predict that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

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.

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