IPG Photonics (NASDAQ:IPGP) Major Shareholder Sells $2,073,403.40 in Stock

Key Points

• Major shareholder Fibre Devices Ltd Ip sold 23,642 shares of IPG Photonics stock for approximately $2.07 million on October 20, reducing their ownership by 0.35%.
• IPG Photonics reported earnings of $0.30 per share for the last quarter, which exceeded analysts' expectations, though revenue declined by 2.7% year-over-year.
• Recent institutional investments include a 126.6% increase in stake from American Century Companies and a substantial 699.2% increase from Deutsche Bank AG in the first quarter.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) major shareholder Fibre Devices Ltd Ip sold 23,642 shares of the company's stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $87.70, for a total value of $2,073,403.40. Following the completion of the transaction, the insider owned 6,809,636 shares of the company's stock, valued at $597,205,077.20. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.

Fibre Devices Ltd Ip also recently made the following trade(s):

• On Tuesday, October 21st, Fibre Devices Ltd Ip sold 23,966 shares of IPG Photonics stock. The stock was sold at an average price of $87.92, for a total value of $2,107,090.72.
• On Friday, October 17th, Fibre Devices Ltd Ip sold 16,559 shares of IPG Photonics stock. The stock was sold at an average price of $84.68, for a total value of $1,402,216.12.
• On Monday, September 22nd, Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock. The stock was sold at an average price of $82.10, for a total value of $2,873,500.00.
• On Friday, September 19th, Fibre Devices Ltd Ip sold 29,167 shares of IPG Photonics stock. The stock was sold at an average price of $81.49, for a total value of $2,376,818.83.

IPG Photonics Stock Performance

Shares of IPGP traded up $0.86 during mid-day trading on Tuesday, hitting $88.06. 186,594 shares of the stock were exchanged, compared to its average volume of 285,860. The company has a market cap of $3.72 billion, a PE ratio of -17.97, a price-to-earnings-growth ratio of 23.51 and a beta of 0.98. IPG Photonics Corporation has a 52-week low of $48.59 and a 52-week high of $90.29. The firm has a 50-day moving average of $81.91 and a two-hundred day moving average of $71.78.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.20. The business had revenue of $250.72 million for the quarter, compared to analysts' expectations of $228.20 million. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.The company's revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 EPS. 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 EPS for the current year.

Institutional Trading of IPG Photonics

Hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. increased its stake in IPG Photonics by 126.6% in the first quarter. American Century Companies Inc. now owns 212,693 shares of the semiconductor company's stock worth $13,429,000 after purchasing an additional 118,827 shares during the period. Deutsche Bank AG grew its position in shares of IPG Photonics by 699.2% during the 1st quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company's stock worth $3,660,000 after buying an additional 50,711 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of IPG Photonics by 194.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,568 shares of the semiconductor company's stock worth $794,000 after buying an additional 8,294 shares in the last quarter. Retirement Systems of Alabama grew its position in shares of IPG Photonics by 20.5% during the 1st quarter. Retirement Systems of Alabama now owns 215,573 shares of the semiconductor company's stock worth $13,611,000 after buying an additional 36,648 shares in the last quarter. Finally, Jump Financial LLC grew its position in shares of IPG Photonics by 62.6% during the 1st quarter. Jump Financial LLC now owns 58,612 shares of the semiconductor company's stock worth $3,701,000 after buying an additional 22,573 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company's stock.

Wall Street Analyst Weigh In

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

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.

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