IPG Photonics (NASDAQ:IPGP) Major Shareholder Fibre Devices Ltd Ip Sells 65,700 Shares

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $103.64, for a total transaction of $6,809,148.00. Following the completion of the transaction, the insider directly owned 6,463,302 shares in the company, valued at approximately $669,856,619.28. This represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

IPG Photonics Stock Performance

Shares of IPG Photonics stock traded down $2.91 on Wednesday, reaching $114.41. 278,560 shares of the stock were exchanged, compared to its average volume of 539,752. The firm’s 50 day moving average is $113.42 and its 200-day moving average is $107.68. IPG Photonics Corporation has a one year low of $69.03 and a one year high of $155.82. The firm has a market cap of $4.86 billion, a PE ratio of 165.81, a P/E/G ratio of 3.23 and a beta of 0.95.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The firm had revenue of $265.50 million for the quarter, compared to analyst estimates of $256.99 million. During the same quarter in the prior year, the business posted $0.09 EPS. The business’s revenue was up 16.5% on a year-over-year basis. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, equities research analysts expect that IPG Photonics Corporation will post 1.66 EPS for the current fiscal year.

Hedge Funds Weigh In On IPG Photonics

Several large investors have recently modified their holdings of the business. Glenmede Trust Co. NA bought a new stake in shares of IPG Photonics in the first quarter worth $276,000. Segall Bryant & Hamill LLC raised its position in IPG Photonics by 11.1% during the 1st quarter. Segall Bryant & Hamill LLC now owns 469,471 shares of the semiconductor company’s stock worth $53,797,000 after purchasing an additional 46,935 shares during the last quarter. Bank of America Corp DE raised its position in IPG Photonics by 18.1% during the 1st quarter. Bank of America Corp DE now owns 258,600 shares of the semiconductor company’s stock worth $29,633,000 after purchasing an additional 39,671 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in IPG Photonics by 18.4% during the 1st quarter. Janus Henderson Group PLC now owns 12,206 shares of the semiconductor company’s stock worth $1,399,000 after buying an additional 1,900 shares during the period. Finally, Amundi acquired a new position in IPG Photonics during the 1st quarter worth about $597,000. Institutional investors own 93.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on IPGP. Needham & Company LLC raised IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 price target for the company in a report on Wednesday, May 6th. Zacks Research lowered shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Citigroup upped their price target on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Stifel Nicolaus dropped their price target on IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, IPG Photonics currently has an average rating of “Moderate Buy” and a consensus price target of $135.50.

About IPG Photonics

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.