Mutual of America Capital Management LLC Cuts Holdings in IPG Photonics Corporation $IPGP

Mutual of America Capital Management LLC lowered its stake in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,115 shares of the semiconductor company’s stock after selling 464 shares during the period. Mutual of America Capital Management LLC’s holdings in IPG Photonics were worth $900,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. American Century Companies Inc. lifted its stake in shares of IPG Photonics by 126.6% during the 1st 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. Deutsche Bank AG raised its holdings in IPG Photonics by 699.2% in the first quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company’s stock worth $3,660,000 after purchasing an additional 50,711 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of IPG Photonics by 194.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 12,568 shares of the semiconductor company’s stock valued at $794,000 after buying an additional 8,294 shares during the last quarter. Jump Financial LLC boosted its holdings in shares of IPG Photonics by 62.6% in the 1st quarter. Jump Financial LLC now owns 58,612 shares of the semiconductor company’s stock valued at $3,701,000 after buying an additional 22,573 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of IPG Photonics by 6.6% in the 1st quarter. Raymond James Financial Inc. now owns 129,169 shares of the semiconductor company’s stock valued at $8,156,000 after buying an additional 7,954 shares in the last quarter. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other IPG Photonics news, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the company’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 value of $4,222,747.20. Following the sale, the insider owned 7,073,279 shares in the company, valued at approximately $570,884,348.09. This represents a 0.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $82.10, for a total transaction of $2,873,500.00. Following the transaction, the insider directly owned 6,849,837 shares of the company’s stock, valued at approximately $562,371,617.70. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 274,630 shares of company stock valued at $22,881,519 over the last three months. 39.50% of the stock is currently owned by corporate insiders.

IPG Photonics Price Performance

NASDAQ:IPGP opened at $87.12 on Tuesday. The company’s fifty day moving average price is $82.67 and its 200-day moving average price is $72.96. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $90.29. The firm has a market capitalization of $3.68 billion, a P/E ratio of -17.78, a PEG ratio of 24.01 and a beta of 0.98.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on IPGP shares. Weiss Ratings reissued a “sell (d)” rating on shares of IPG Photonics in a research report 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. Sanford C. Bernstein upgraded IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price objective for the company in a report on Thursday, August 7th. Finally, Roth Capital set a $96.00 target price on IPG Photonics and gave the stock a “buy” rating in a research note on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $78.50.

About IPG Photonics

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.