Insider Selling: IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells 16,529 Shares of Stock

Key Points

• Major shareholder Valentin Gapontsev Trust I sold 16,529 shares of IPG Photonics at an average price of $82.97, amounting to a total value of $1,371,411.13.
• IPG Photonics stock increased by 3.6% on Wednesday, trading at $86.22 with a market cap of $3.64 billion.
• The latest quarterly earnings report showed IPG Photonics had earnings of $0.30 per share, surpassing analyst estimates, and a revenue of $250.72 million, down 2.7% year-over-year.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) major shareholder Valentin Gapontsev Trust I sold 16,529 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $82.97, for a total value of $1,371,411.13. Following the transaction, the insider owned 7,010,306 shares of the company's stock, valued at $581,645,088.82. This represents a 0.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.

Valentin Gapontsev Trust I also recently made the following trade(s):

• On Wednesday, October 15th, Valentin Gapontsev Trust I sold 17,707 shares of IPG Photonics stock. The shares were sold at an average price of $85.09, for a total value of $1,506,688.63.
• On Monday, October 13th, Valentin Gapontsev Trust I sold 32,264 shares of IPG Photonics stock. The shares were sold at an average price of $83.19, for a total value of $2,684,042.16.
• On Tuesday, September 16th, Valentin Gapontsev Trust I sold 14,180 shares of IPG Photonics stock. The shares were sold at an average price of $80.67, for a total value of $1,143,900.60.
• On Monday, September 15th, Valentin Gapontsev Trust I sold 52,320 shares of IPG Photonics stock. The stock was sold at an average price of $80.71, for a total value of $4,222,747.20.

IPG Photonics Stock Up 3.6%

IPGP traded up $3.02 during trading on Wednesday, reaching $86.22. The company had a trading volume of 174,198 shares, compared to its average volume of 287,989. The stock has a market cap of $3.64 billion, a P/E ratio of -17.60, a PEG ratio of 23.07 and a beta of 0.98. The business has a 50 day simple moving average of $80.97 and a 200-day simple moving average of $70.95. IPG Photonics Corporation has a 52 week low of $48.59 and a 52 week high of $90.29.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.20. The company had revenue of $250.72 million during the quarter, compared to the consensus estimate 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 was down 2.7% on a year-over-year basis. 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 research analysts expect that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on IPGP. Sanford C. Bernstein upgraded IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price target for the company in a research report on Thursday, August 7th. Weiss Ratings reiterated a "sell (d)" rating on shares of IPG Photonics in a research report on Wednesday, October 8th. Roth Capital set a $96.00 target price on IPG Photonics and gave the stock a "buy" rating in a research report on Monday, October 6th. Finally, Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, IPG Photonics presently has a consensus rating of "Hold" and an average price target of $78.50.

Institutional Investors Weigh In On IPG Photonics

Hedge funds and other institutional investors have recently bought and sold shares of the company. CWM LLC lifted its position in IPG Photonics by 19.4% during the third quarter. CWM LLC now owns 24,490 shares of the semiconductor company's stock valued at $1,939,000 after acquiring an additional 3,977 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in IPG Photonics during the third quarter valued at approximately $264,000. Martin Capital Advisors LLP purchased a new stake in IPG Photonics during the third quarter valued at approximately $206,000. Brighton Jones LLC acquired a new stake in IPG Photonics in the third quarter worth about $232,000. Finally, Orion Porfolio Solutions LLC boosted its holdings in IPG Photonics by 2.8% in the second quarter. Orion Porfolio Solutions LLC now owns 7,922 shares of the semiconductor company's stock worth $544,000 after acquiring an additional 215 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company's stock.

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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