IPG Photonics (NASDAQ:IPGP) Director Eugene Scherbakov Sells 2,700 Shares

Key Points

• IPG Photonics Director Eugene Scherbakov sold 2,700 shares at an average price of $81.81, resulting in a total transaction value of approximately $220,887.
• IPG Photonics reported earnings of $0.30 per share for the latest quarter, which surpassed analysts' expectations of $0.10 per share, despite a year-over-year revenue decline of 2.7%.
• The stock has a consensus rating of "Moderate Buy" with various analysts setting a price target range, including a high of $97.00.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) Director Eugene Scherbakov sold 2,700 shares of the business's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $81.81, for a total value of $220,887.00. Following the completion of the sale, the director owned 70,130 shares in the company, valued at approximately $5,737,335.30. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

IPG Photonics Stock Performance

Shares of IPGP stock traded down $2.57 during trading on Wednesday, hitting $79.24. The company had a trading volume of 175,115 shares, compared to its average volume of 293,867. The stock's 50-day moving average price is $79.03 and its 200 day moving average price is $69.02. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $88.50. The firm has a market capitalization of $3.35 billion, a P/E ratio of -16.17, a price-to-earnings-growth ratio of 22.56 and a beta of 0.95.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.20. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.The business had revenue of $250.72 million during the quarter, compared to the consensus estimate of $228.20 million. During the same period in the prior year, the business posted $0.45 earnings per share. IPG Photonics's quarterly revenue was down 2.7% on a year-over-year basis. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. On average, research analysts anticipate that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. True Wealth Design LLC lifted its position in IPG Photonics by 1,621.7% during the second quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 373 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in IPG Photonics by 207.1% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company's stock valued at $30,000 after buying an additional 290 shares during the period. Larson Financial Group LLC bought a new stake in shares of IPG Photonics in the 1st quarter valued at about $39,000. UMB Bank n.a. raised its holdings in shares of IPG Photonics by 107.5% in the 1st quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 329 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of IPG Photonics by 348.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company's stock worth $51,000 after acquiring an additional 578 shares in the last quarter. Institutional investors own 93.79% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IPGP. Wall Street Zen raised 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 target price for the company in a research report on Thursday, August 7th. One 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $75.00.

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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