IPG Photonics (NASDAQ:IPGP) Share Price Crosses Above 200 Day Moving Average - Here's Why

Key Points

• IPG Photonics' stock price crossed above its 200-day moving average of $71.78, reaching a high of $88.89 during trading, and is currently priced at $87.20.
• Recent analyst ratings show a mix of opinions, with one analyst giving a Strong Buy rating, while others have assigned ratings from Sell to Outperform, with an average target price of $78.50.
• Insiders have sold over 206,000 shares of IPG Photonics stock in the past three months, indicating movements in ownership among major shareholders.

IPG Photonics Corporation (NASDAQ:IPGP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $71.78 and traded as high as $88.89. IPG Photonics shares last traded at $87.20, with a volume of 243,508 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Weiss Ratings reissued a "sell (d)" rating on shares of IPG Photonics in a research note on Wednesday, October 8th. Sanford C. Bernstein raised shares of IPG Photonics from a "market perform" rating to an "outperform" rating and set a $97.00 price objective on the stock in a research note on Thursday, August 7th. Wall Street Zen raised shares of IPG Photonics from a "sell" rating to a "hold" rating in a research note on Saturday, August 9th. Finally, Roth Capital set a $96.00 target price on shares of IPG Photonics and gave the stock a "buy" rating in a research note on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $78.50.

IPG Photonics Price Performance

The firm has a market cap of $3.68 billion, a price-to-earnings ratio of -17.80, a price-to-earnings-growth ratio of 23.51 and a beta of 0.98. The firm's fifty day moving average is $81.91 and its 200-day moving average is $71.78.

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

Insider Activity

In other news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the company's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $82.10, for a total transaction of $2,873,500.00. Following the transaction, the insider owned 6,849,837 shares in the company, valued at approximately $562,371,617.70. This represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the company's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $80.71, for a total transaction of $4,222,747.20. Following the transaction, the insider owned 7,073,279 shares in the company, valued at $570,884,348.09. This represents a 0.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 206,085 shares of company stock worth $16,916,195 in the last three months. Corporate insiders own 39.50% of the company's stock.

Institutional Investors Weigh In On IPG Photonics

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lazard Asset Management LLC grew its position in IPG Photonics by 81.3% in the 2nd 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. grew its position in IPG Photonics by 85.8% in the 2nd 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. grew its position in IPG Photonics by 1,918.3% in the 1st 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 grew its position in IPG Photonics by 53.7% in the 2nd 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 grew its position in IPG Photonics by 263.9% in the 2nd 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.

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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