Yousif Capital Management LLC Sells 329 Shares of IPG Photonics Corporation $IPGP

Yousif Capital Management LLC cut its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGPFree Report) by 3.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,834 shares of the semiconductor company’s stock after selling 329 shares during the quarter. Yousif Capital Management LLC’s holdings in IPG Photonics were worth $606,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Alliancebernstein L.P. increased its holdings in shares of 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 purchasing an additional 1,358,428 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of IPG Photonics by 188.6% in the first quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock worth $40,208,000 after purchasing an additional 416,186 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of IPG Photonics by 2.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company’s stock worth $23,842,000 after purchasing an additional 7,978 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of IPG Photonics by 126.6% in the first quarter. American Century Companies Inc. now owns 212,693 shares of the semiconductor company’s stock worth $13,429,000 after purchasing an additional 118,827 shares during the last quarter. Finally, Royce & Associates LP increased its holdings in shares of IPG Photonics by 2.3% in the first quarter. Royce & Associates LP now owns 197,160 shares of the semiconductor company’s stock worth $12,449,000 after purchasing an additional 4,420 shares during the last quarter. 93.79% of the stock is owned by institutional investors.

Insider Activity at IPG Photonics

In other IPG Photonics news, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $80.71, for a total transaction of $4,222,747.20. Following the completion of the transaction, the insider owned 7,073,279 shares in the company, valued at $570,884,348.09. The trade was a 0.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the business’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $82.10, for a total value of $2,873,500.00. Following the transaction, the insider owned 6,849,837 shares of the company’s stock, valued at $562,371,617.70. This trade represents a 0.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 274,630 shares of company stock valued at $22,881,519 in the last 90 days. Company insiders own 39.50% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Roth Capital set a $96.00 target price 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 note on Wednesday, October 8th. Wall Street Zen raised IPG Photonics from a “sell” rating to a “hold” rating in a research note 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 price objective on the stock in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $78.50.

View Our Latest Analysis on IPG Photonics

IPG Photonics Price Performance

Shares of NASDAQ IPGP opened at $85.42 on Thursday. The business’s 50 day moving average is $82.21 and its two-hundred day moving average is $71.99. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $90.29. The stock 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 (NASDAQ:IPGPGet Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share (EPS) 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 business had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. During the same quarter in the previous year, the business earned $0.45 earnings per share. The company’s revenue for the quarter was down 2.7% compared to the same quarter last year. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, equities research analysts anticipate that IPG Photonics Corporation will post 1.54 earnings per share for the current fiscal year.

IPG Photonics Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for IPG Photonics (NASDAQ:IPGP)

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