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

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 value of $6,809,148.00. Following the sale, 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. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

IPG Photonics Price Performance

NASDAQ IPGP opened at $105.27 on Friday. The business has a 50 day simple moving average of $112.82 and a two-hundred day simple moving average of $108.11. IPG Photonics Corporation has a 1-year low of $71.01 and a 1-year high of $155.82. The stock has a market capitalization of $4.47 billion, a PE ratio of 152.57, a P/E/G ratio of 3.33 and a beta of 0.94.

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

Institutional Investors Weigh In On IPG Photonics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IPGP. Oregon Public Employees Retirement Fund increased its position in IPG Photonics by 2.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock worth $589,000 after purchasing an additional 100 shares during the last quarter. State of Michigan Retirement System lifted its position in IPG Photonics by 1.7% during the first quarter. State of Michigan Retirement System now owns 6,100 shares of the semiconductor company’s stock valued at $699,000 after purchasing an additional 100 shares during the last quarter. Assetmark Inc. grew its stake in shares of IPG Photonics by 6.8% in the 4th quarter. Assetmark Inc. now owns 1,820 shares of the semiconductor company’s stock worth $130,000 after buying an additional 116 shares in the last quarter. Deutsche Bank AG grew its stake in shares of IPG Photonics by 6.1% in the 4th quarter. Deutsche Bank AG now owns 2,214 shares of the semiconductor company’s stock worth $159,000 after buying an additional 128 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of IPG Photonics by 17.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 915 shares of the semiconductor company’s stock worth $105,000 after buying an additional 133 shares during the last quarter. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on IPGP. Citigroup lifted their target price on IPG Photonics from $105.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Zacks Research lowered IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Stifel Nicolaus decreased their price objective on IPG Photonics from $165.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Roth Mkm reaffirmed a “buy” rating and issued a $151.00 price objective on shares of IPG Photonics in a research note on Tuesday, May 19th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $135.50.

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.