6,757 Shares in IPG Photonics Corporation $IPGP Bought by Kestra Investment Management LLC

Kestra Investment Management LLC purchased a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGP) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,757 shares of the semiconductor company’s stock, valued at approximately $464,000.

Other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its holdings in shares of IPG Photonics by 2.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 377,598 shares of the semiconductor company’s stock valued at $23,842,000 after buying an additional 7,978 shares during the last quarter. Deutsche Bank AG lifted its position in IPG Photonics by 699.2% in the 1st quarter. Deutsche Bank AG now owns 57,964 shares of the semiconductor company’s stock valued at $3,660,000 after acquiring an additional 50,711 shares in the last quarter. Invesco Ltd. boosted its stake in IPG Photonics by 18.2% during the 1st quarter. Invesco Ltd. now owns 105,253 shares of the semiconductor company’s stock valued at $6,646,000 after purchasing an additional 16,217 shares during the last quarter. Nuveen LLC acquired a new position in IPG Photonics during the 1st quarter valued at about $3,957,000. Finally, Russell Investments Group Ltd. increased its holdings in IPG Photonics by 1,423.0% during the 1st quarter. Russell Investments Group Ltd. now owns 21,033 shares of the semiconductor company’s stock worth $1,328,000 after purchasing an additional 19,652 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on IPGP shares. Citigroup upgraded IPG Photonics from a “sell” rating to a “buy” rating and raised their target price for the company from $68.00 to $105.00 in a report on Wednesday, November 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research report on Monday, December 8th. Roth Capital set a $96.00 target price on shares of IPG Photonics and gave the stock a “buy” rating in a research note on Monday, October 6th. Benchmark reiterated a “hold” rating on shares of IPG Photonics in a report on Wednesday, December 10th. Finally, Stifel Nicolaus set a $92.00 price target on shares of IPG Photonics in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, IPG Photonics has a consensus rating of “Moderate Buy” and an average target price of $89.33.

Insider Activity at IPG Photonics

In other IPG Photonics news, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $76.13, for a total transaction of $3,646,703.13. Following the completion of the transaction, the insider directly owned 6,926,099 shares of the company’s stock, valued at approximately $527,283,916.87. This represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $82.10, for a total value of $2,873,500.00. Following the completion of the sale, the insider directly owned 6,849,837 shares of the company’s stock, valued at $562,371,617.70. This represents a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 409,271 shares of company stock worth $32,838,825. 39.50% of the stock is owned by company insiders.

IPG Photonics Price Performance

NASDAQ IPGP opened at $77.78 on Tuesday. The business’s fifty day moving average is $82.95 and its 200-day moving average is $78.35. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 127.51, a PEG ratio of 19.96 and a beta of 1.02. IPG Photonics Corporation has a one year low of $48.59 and a one year high of $92.21.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.19. The business had revenue of $250.79 million during the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics had a net margin of 2.66% and a return on equity of 2.35%. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Research analysts expect that IPG Photonics Corporation will post 1.54 EPS 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.