IPG Photonics (NASDAQ:IPGP) Major Shareholder Valentin Gapontsev Trust I Sells 32,264 Shares

Key Points

• Valentin Gapontsev Trust I sold a total of 32,264 shares of IPG Photonics at an average price of $83.19, amounting to over $2.6 million, reducing their ownership by 0.46%.
• Following this sale, IPG Photonics shares traded up 3.6% to $86.22, with significant trading volume compared to its average.
• The company recently reported earnings of $0.30 per share, beating analyst expectations, although revenue declined 2.7% year-over-year to $250.72 million.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report) major shareholder Valentin Gapontsev Trust I sold 32,264 shares of IPG Photonics stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $83.19, for a total transaction of $2,684,042.16. Following the transaction, the insider directly owned 7,026,835 shares in the company, valued at approximately $584,562,403.65. The trade was a 0.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases 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 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 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 shares were sold at an average price of $80.71, for a total value of $4,222,747.20.

IPG Photonics Stock Up 3.6%

Shares of IPGP traded up $3.02 during mid-day trading on Wednesday, hitting $86.22. 174,198 shares of the company traded hands, compared to its average volume of 287,989. The company has a market capitalization of $3.64 billion, a PE ratio of -17.60, a price-to-earnings-growth ratio of 23.07 and a beta of 0.98. The business has a 50 day moving average of $80.97 and a 200 day moving average of $70.95. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year 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, beating analysts' consensus estimates 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 analyst estimates of $228.20 million. During the same quarter in the prior year, the business posted $0.45 EPS. IPG Photonics'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. As a group, research analysts expect that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Lazard Asset Management LLC increased its position in shares of IPG Photonics by 81.3% during the second quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company's stock worth $130,397,000 after purchasing an additional 851,869 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of IPG Photonics by 85.8% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company's stock worth $121,830,000 after purchasing an additional 819,575 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of IPG Photonics by 1,918.3% during the first quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company's stock worth $90,242,000 after purchasing an additional 1,358,428 shares in the last quarter. AQR Capital Management LLC increased its position in shares of IPG Photonics by 53.7% during the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company's stock worth $67,101,000 after purchasing an additional 341,773 shares in the last quarter. Finally, M&G PLC increased its position in shares of IPG Photonics by 263.9% during the second quarter. M&G PLC now owns 600,020 shares of the semiconductor company's stock worth $41,401,000 after purchasing an additional 435,122 shares in the last quarter. 93.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

IPGP has been the topic of several research analyst reports. 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 research note on Thursday, August 7th. Wall Street Zen raised IPG Photonics from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Roth Capital set a $96.00 target price on IPG Photonics and gave the stock a "buy" rating in a report on Monday, October 6th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of IPG Photonics in a report on Wednesday, October 8th. One 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 given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price 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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