IPG Photonics Corporation (NASDAQ:IPGP) Director Henry E. Gauthier sold 5,000 shares of the stock in a transaction on Friday, January 12th. The shares were sold at an average price of $257.52, for a total transaction of $1,287,600.00. Following the transaction, the director now owns 15,104 shares in the company, valued at $3,889,582.08. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

IPG Photonics Corporation (NASDAQ IPGP) traded up $0.66 during trading on Wednesday, hitting $260.95. 615,925 shares of the stock were exchanged, compared to its average volume of 600,229. The company has a debt-to-equity ratio of 0.02, a quick ratio of 7.46 and a current ratio of 9.02. IPG Photonics Corporation has a one year low of $98.05 and a one year high of $264.11. The company has a market cap of $14,050.00, a P/E ratio of 38.38, a P/E/G ratio of 2.82 and a beta of 1.71.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings results on Tuesday, October 31st. The semiconductor company reported $2.11 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.79 by $0.32. IPG Photonics had a net margin of 27.85% and a return on equity of 21.17%. The company had revenue of $392.62 million for the quarter, compared to the consensus estimate of $367.27 million. During the same period last year, the firm posted $1.29 EPS. The company’s revenue for the quarter was up 47.6% on a year-over-year basis. equities analysts expect that IPG Photonics Corporation will post 7.13 EPS for the current year.

Several institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC lifted its position in shares of IPG Photonics by 5.2% in the 2nd quarter. Advisory Services Network LLC now owns 1,813 shares of the semiconductor company’s stock worth $263,000 after buying an additional 90 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of IPG Photonics by 6.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,791 shares of the semiconductor company’s stock worth $259,000 after buying an additional 111 shares during the last quarter. Stifel Financial Corp lifted its position in shares of IPG Photonics by 2.2% in the 2nd quarter. Stifel Financial Corp now owns 5,268 shares of the semiconductor company’s stock worth $764,000 after buying an additional 114 shares during the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of IPG Photonics by 1.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 11,245 shares of the semiconductor company’s stock worth $1,632,000 after buying an additional 202 shares during the last quarter. Finally, Voya Investment Management LLC lifted its position in shares of IPG Photonics by 1.6% in the 2nd quarter. Voya Investment Management LLC now owns 13,853 shares of the semiconductor company’s stock worth $2,010,000 after buying an additional 220 shares during the last quarter. Institutional investors own 56.38% of the company’s stock.

A number of research firms have commented on IPGP. BidaskClub upgraded shares of IPG Photonics from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 5th. ValuEngine downgraded shares of IPG Photonics from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research downgraded shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. DA Davidson increased their price objective on shares of IPG Photonics to $235.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, Needham & Company LLC increased their price objective on shares of IPG Photonics from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. IPG Photonics has a consensus rating of “Buy” and an average price target of $180.33.

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About IPG Photonics

IPG Photonics Corporation is a developer and manufacturer of a line of fiber lasers, fiber amplifiers, diode lasers, laser systems and optical accessories that are used for various applications. The Company offers a line of lasers and amplifiers, which are used in materials processing, communications and medical applications.

Insider Buying and Selling by Quarter for IPG Photonics (NASDAQ:IPGP)

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