Assenagon Asset Management S.A. Buys Shares of 47,981 IPG Photonics Corporation $IPGP

Assenagon Asset Management S.A. bought a new position in shares of IPG Photonics Corporation (NASDAQ:IPGP) during the fourth quarter, Holdings Channel reports. The institutional investor bought 47,981 shares of the semiconductor company’s stock, valued at approximately $3,435,000.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc boosted its holdings in shares of IPG Photonics by 51.1% in the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 116 shares during the period. Allworth Financial LP raised its stake in IPG Photonics by 10.2% during the third quarter. Allworth Financial LP now owns 1,449 shares of the semiconductor company’s stock worth $115,000 after acquiring an additional 134 shares during the period. PNC Financial Services Group Inc. raised its stake in IPG Photonics by 8.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,813 shares of the semiconductor company’s stock worth $124,000 after acquiring an additional 148 shares during the period. Ballast Asset Management LP lifted its holdings in IPG Photonics by 0.6% in the third quarter. Ballast Asset Management LP now owns 34,941 shares of the semiconductor company’s stock worth $2,767,000 after acquiring an additional 197 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in IPG Photonics by 2.8% in the second quarter. Orion Porfolio Solutions LLC now owns 7,922 shares of the semiconductor company’s stock worth $544,000 after acquiring an additional 215 shares during the last quarter. 93.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on IPGP shares. Roth Mkm upped their target price on IPG Photonics from $105.00 to $110.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Benchmark reissued a “hold” rating on shares of IPG Photonics in a report on Wednesday, December 10th. Zacks Research upgraded IPG Photonics from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 15th. Wall Street Zen downgraded IPG Photonics from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Raymond James Financial lowered IPG Photonics from a “strong-buy” rating to an “outperform” rating and increased their target price for the stock from $97.00 to $180.00 in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, IPG Photonics has a consensus rating of “Moderate Buy” and a consensus price target of $131.40.

Insider Activity at IPG Photonics

In related news, major shareholder Valentin Gapontsev Trust I sold 23,029 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $76.98, for a total value of $1,772,772.42. Following the completion of the sale, the insider owned 6,818,577 shares of the company’s stock, valued at $524,894,057.46. This represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Mary E. Buttarazzi sold 500 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $116.22, for a total transaction of $58,110.00. Following the completion of the transaction, the chief accounting officer owned 4,749 shares of the company’s stock, valued at $551,928.78. This represents a 9.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 134,617 shares of company stock valued at $10,636,883. 39.50% of the stock is owned by corporate insiders.

IPG Photonics Stock Performance

Shares of NASDAQ IPGP opened at $115.70 on Monday. IPG Photonics Corporation has a 12-month low of $48.59 and a 12-month high of $155.82. The company has a market cap of $4.88 billion, a PE ratio of 156.35, a P/E/G ratio of 2.84 and a beta of 0.94. The stock has a 50 day simple moving average of $115.71 and a 200-day simple moving average of $93.05.

IPG Photonics (NASDAQ:IPGP) last posted its earnings results on Thursday, February 12th. The semiconductor company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.25 by $0.21. The firm had revenue of $274.47 million for the quarter, compared to analysts’ expectations of $249.58 million. IPG Photonics had a return on equity of 2.89% and a net margin of 3.10%.The firm’s revenue was up 17.2% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS. IPG Photonics has set its Q1 2026 guidance at 0.100-0.400 EPS. Sell-side analysts forecast that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

IPG Photonics Company Profile

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.