IPG Photonics Corporation $IPGP Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio trimmed its position in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 5.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,630 shares of the semiconductor company’s stock after selling 538 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in IPG Photonics were worth $592,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Alliancebernstein L.P. grew its holdings 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 valued at $90,242,000 after purchasing an additional 1,358,428 shares during the period. AQR Capital Management LLC boosted its position in IPG Photonics by 188.6% during the first quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock worth $40,208,000 after acquiring an additional 416,186 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in IPG Photonics by 2.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company’s stock valued at $23,842,000 after acquiring an additional 7,978 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in IPG Photonics by 19.6% in the 1st quarter. Exchange Traded Concepts LLC now owns 272,454 shares of the semiconductor company’s stock valued at $17,203,000 after acquiring an additional 44,712 shares during the last quarter. Finally, Retirement Systems of Alabama boosted its holdings in shares of IPG Photonics by 20.5% during the 1st quarter. Retirement Systems of Alabama now owns 215,573 shares of the semiconductor company’s stock worth $13,611,000 after purchasing an additional 36,648 shares during the last quarter. 93.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on IPGP. Sanford C. Bernstein raised IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a report on Thursday, August 7th. Weiss Ratings restated a “sell (d)” rating on shares of IPG Photonics in a report on Saturday, September 27th. Finally, Wall Street Zen raised IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $75.00.

Insiders Place Their Bets

In related news, Director Eugene A. Scherbakov sold 2,700 shares of IPG Photonics stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $81.81, for a total transaction of $220,887.00. Following the sale, the director directly owned 70,130 shares in the company, valued at $5,737,335.30. This trade represents a 3.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the business’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $80.71, for a total transaction of $4,222,747.20. Following the completion of the sale, the insider directly owned 7,073,279 shares of the company’s stock, valued at approximately $570,884,348.09. This trade represents a 0.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 138,083 shares of company stock worth $11,219,383. 39.50% of the stock is currently owned by company insiders.

IPG Photonics Price Performance

Shares of NASDAQ IPGP opened at $84.66 on Monday. The company has a market cap of $3.57 billion, a price-to-earnings ratio of -17.28, a price-to-earnings-growth ratio of 23.47 and a beta of 0.98. The stock’s 50-day moving average is $79.82 and its two-hundred day moving average is $70.06. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $88.50.

IPG Photonics (NASDAQ:IPGP) last posted its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.20. The firm had revenue of $250.72 million during the quarter, compared to analysts’ expectations of $228.20 million. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%.The firm’s revenue was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 earnings per share. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Equities research analysts anticipate that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

IPG Photonics 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.