Fibre Devices Ltd Ip Sells 16,559 Shares of IPG Photonics (NASDAQ:IPGP) Stock

IPG Photonics Corporation (NASDAQ:IPGP) major shareholder Fibre Devices Ltd Ip sold 16,559 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $84.68, for a total value of $1,402,216.12. Following the sale, the insider owned 6,833,278 shares of the company’s stock, valued at approximately $578,641,981.04. This trade represents a 0.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Fibre Devices Ltd Ip also recently made the following trade(s):

• On Tuesday, October 21st, Fibre Devices Ltd Ip sold 23,966 shares of IPG Photonics stock. The stock was sold at an average price of $87.92, for a total value of $2,107,090.72.
• On Monday, October 20th, Fibre Devices Ltd Ip sold 23,642 shares of IPG Photonics stock. The shares were sold at an average price of $87.70, for a total value of $2,073,403.40.
• On Monday, September 22nd, Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock. The shares were sold at an average price of $82.10, for a total value of $2,873,500.00.
• On Friday, September 19th, Fibre Devices Ltd Ip sold 29,167 shares of IPG Photonics stock. The shares were sold at an average price of $81.49, for a total value of $2,376,818.83.

IPG Photonics Price Performance

Shares of IPG Photonics stock opened at $85.42 on Thursday. The business’s fifty day moving average price is $82.21 and its two-hundred day moving average price is $71.99. The company has a market capitalization of $3.61 billion, a P/E ratio of -17.43, a PEG ratio of 24.41 and a beta of 0.98. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $90.29.

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

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Roth Capital set a $96.00 price objective on IPG Photonics and gave the stock a “buy” rating in a research note on Monday, October 6th. Weiss Ratings reissued a “sell (d)” rating on shares of IPG Photonics in a research note on Wednesday, October 8th. Wall Street Zen raised IPG Photonics from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Sanford C. Bernstein raised IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 target price for the company in a report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $78.50.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. True Wealth Design LLC increased its position in IPG Photonics by 1,621.7% in the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 373 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of IPG Photonics by 207.1% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 290 shares in the last quarter. Larson Financial Group LLC bought a new stake in shares of IPG Photonics during the 1st quarter worth about $39,000. EverSource Wealth Advisors LLC boosted its stake in shares of IPG Photonics by 348.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after acquiring an additional 578 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in shares of IPG Photonics by 76.9% during the 2nd quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock worth $52,000 after acquiring an additional 332 shares in the last quarter. 93.79% of the stock is owned by institutional investors and hedge funds.

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.