IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells $1,506,688.63 in Stock

Key Points

• Valentin Gapontsev Trust I, a major shareholder of IPG Photonics, sold 17,707 shares for a total of $1,506,688.63 at an average price of $85.09 on October 15th, reducing their ownership by 0.25%.
• IPG Photonics' stock is currently trading at $86.22, showing an increase of 3.6% on the same day, with a market capitalization of $3.64 billion.
• The company recently reported earnings of $0.30 per share, exceeding analysts' expectations and indicating a slight decline in revenue year-over-year.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) major shareholder Valentin Gapontsev Trust I sold 17,707 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $85.09, for a total transaction of $1,506,688.63. Following the transaction, the insider owned 6,992,599 shares in the company, valued at approximately $595,000,248.91. This trade represents a 0.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

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

• On Tuesday, October 14th, Valentin Gapontsev Trust I sold 16,529 shares of IPG Photonics stock. The shares were sold at an average price of $82.97, for a total value of $1,371,411.13.
• 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 transaction of $2,684,042.16.
• On Tuesday, September 16th, Valentin Gapontsev Trust I sold 14,180 shares of IPG Photonics stock. The stock was sold at an average price of $80.67, for a total transaction of $1,143,900.60.
• On Monday, September 15th, Valentin Gapontsev Trust I sold 52,320 shares of IPG Photonics stock. The shares were sold at an average price of $80.71, for a total value of $4,222,747.20.

IPG Photonics Trading Up 3.6%

Shares of IPGP stock traded up $3.02 on Wednesday, reaching $86.22. The company's stock had a trading volume of 174,198 shares, compared to its average volume of 287,989. The stock's fifty day simple moving average is $80.97 and its 200-day simple moving average is $70.95. IPG Photonics Corporation has a 1 year low of $48.59 and a 1 year high of $90.29. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of -17.60, a price-to-earnings-growth ratio of 23.07 and a beta of 0.98.

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. Equities research analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Institutional Investors Weigh In On IPG Photonics

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on IPGP. Weiss Ratings reiterated a "sell (d)" rating on shares of IPG Photonics in a research report on Wednesday, October 8th. Sanford C. Bernstein upgraded 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. Wall Street Zen upgraded IPG Photonics from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Roth Capital set a $96.00 price objective on IPG Photonics and gave the company a "buy" rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $78.50.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.