IPG Photonics Corporation $IPGP Shares Sold by Caxton Associates LLP

Caxton Associates LLP reduced its holdings in IPG Photonics Corporation (NASDAQ:IPGP) by 44.8% during the second quarter, Holdings Channel reports. The firm owned 14,538 shares of the semiconductor company’s stock after selling 11,780 shares during the period. Caxton Associates LLP’s holdings in IPG Photonics were worth $998,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IPGP. Alliancebernstein L.P. grew its position in IPG Photonics by 1,918.3% in the first quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock worth $90,242,000 after buying an additional 1,358,428 shares during the last quarter. Lazard Asset Management LLC boosted its stake in shares of IPG Photonics by 81.3% during the 2nd quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock worth $130,397,000 after acquiring an additional 851,869 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of 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 acquiring an additional 819,575 shares during the last quarter. M&G PLC raised 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 during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of IPG Photonics by 188.6% during the first quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock valued at $40,208,000 after purchasing an additional 416,186 shares during the last quarter. 93.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity at IPG Photonics

In other news, SVP Trevor Ness sold 1,681 shares of IPG Photonics stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $75.58, for a total transaction of $127,049.98. Following the completion of the sale, the senior vice president directly owned 37,206 shares in the company, valued at $2,812,029.48. The trade was a 4.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $76.13, for a total value of $3,646,703.13. Following the completion of the transaction, the insider owned 6,926,099 shares in the company, valued at $527,283,916.87. This represents a 0.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 409,271 shares of company stock worth $32,838,825. 39.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Roth Capital set a $96.00 price objective on IPG Photonics and gave the stock a “buy” rating in a report on Monday, October 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday, December 8th. Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and upped their price target for the company from $68.00 to $105.00 in a research report on Wednesday, November 5th. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a research note on Wednesday, December 10th. Finally, Stifel Nicolaus set a $92.00 target price on shares of IPG Photonics in a research note on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $89.33.

IPG Photonics Stock Up 0.9%

Shares of NASDAQ:IPGP opened at $77.78 on Tuesday. The firm has a fifty day moving average of $82.95 and a two-hundred day moving average of $78.35. IPG Photonics Corporation has a 12-month low of $48.59 and a 12-month high of $92.21. The firm has a market capitalization of $3.28 billion, a P/E ratio of 127.51, a price-to-earnings-growth ratio of 19.96 and a beta of 1.02.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.19. The business had revenue of $250.79 million during the quarter, compared to analyst estimates of $240.18 million. IPG Photonics had a return on equity of 2.35% and a net margin of 2.66%.IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Equities research analysts expect that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

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.