IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells $1,143,900.60 in Stock

Key Points

• Valentin Gapontsev Trust I sold 14,180 shares of IPG Photonics stock for a total of $1,143,900.60 on September 16th, reducing their stake by 0.20% and leaving them with approximately 7,059,099 shares valued at about $569 million.
• IPG Photonics reported a quarterly EPS of $0.30, exceeding analysts' expectations, despite a year-over-year revenue decrease of 2.7%.
• Recent upgrades from research analysts have resulted in a consensus rating of "Moderate Buy" for IPG Photonics, with a target price averaging around $75.00.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) major shareholder Valentin Gapontsev Trust I sold 14,180 shares of the business's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $80.67, for a total value of $1,143,900.60. Following the sale, the insider directly 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 filing with the SEC, which is available at the SEC website. Major 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 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 2.3%

IPG Photonics stock traded up $1.86 during midday trading on Thursday, hitting $82.88. 87,570 shares of the stock were exchanged, compared to its average volume of 291,355. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $88.50. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of -16.93, a price-to-earnings-growth ratio of 23.12 and a beta of 0.95. The business's 50-day moving average price is $78.42 and its 200-day moving average price is $68.41.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share 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 business had revenue of $250.72 million for the quarter, compared to analysts' expectations of $228.20 million. During the same period in the previous year, the company earned $0.45 earnings per share. The firm's revenue for the quarter 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 predict that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

Institutional Trading of IPG Photonics

Institutional investors have recently modified their holdings of the business. True Wealth Design LLC lifted its stake in shares of IPG Photonics by 1,621.7% during the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company's stock valued at $27,000 after buying an additional 373 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake 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 worth $30,000 after purchasing an additional 290 shares in the last quarter. Larson Financial Group LLC purchased a new stake in IPG Photonics in the 1st quarter worth approximately $39,000. UMB Bank n.a. lifted its stake in IPG Photonics by 107.5% in the 1st quarter. UMB Bank n.a. now owns 635 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 329 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company's stock worth $51,000 after purchasing an additional 578 shares in the last quarter. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on IPGP. 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 report on Thursday, August 7th. Wall Street Zen upgraded shares of 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 issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, IPG Photonics currently has a consensus rating of "Moderate Buy" and an average price target of $75.00.

IPG Photonics Company 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.