IPG Photonics Corporation $IPGP Shares Sold by Caxton Associates LLP

Caxton Associates LLP decreased its position in IPG Photonics Corporation (NASDAQ:IPGP) by 44.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,538 shares of the semiconductor company’s stock after selling 11,780 shares during the quarter. Caxton Associates LLP’s holdings in IPG Photonics were worth $998,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC bought a new position in IPG Photonics during the second quarter worth $65,000. Captrust Financial Advisors raised its holdings in shares of IPG Photonics by 27.3% during the second quarter. Captrust Financial Advisors now owns 9,280 shares of the semiconductor company’s stock worth $637,000 after purchasing an additional 1,988 shares during the period. Two Sigma Securities LLC acquired a new stake in shares of IPG Photonics during the second quarter worth $410,000. Orion Porfolio Solutions LLC lifted its position in shares of IPG Photonics by 2.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 7,922 shares of the semiconductor company’s stock worth $544,000 after buying an additional 215 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in shares of IPG Photonics by 81.3% in the 2nd quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock valued at $130,397,000 after buying an additional 851,869 shares during the period. 93.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Insider Activity

In other news, SVP Trevor Ness sold 1,681 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $75.58, for a total value of $127,049.98. Following the sale, the senior vice president owned 37,206 shares of the company’s stock, valued at approximately $2,812,029.48. The trade was a 4.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Tang Agnes sold 1,881 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $76.75, for a total value of $144,366.75. Following the completion of the sale, the director owned 8,663 shares of the company’s stock, valued at approximately $664,885.25. This trade represents a 17.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 409,271 shares of company stock valued at $32,838,825 over the last 90 days. Corporate insiders own 39.50% of the company’s stock.

IPG Photonics Stock Up 0.9%

IPGP stock opened at $77.78 on Tuesday. The company has a 50-day simple moving average of $82.95 and a 200 day simple moving average of $78.35. The company has a market capitalization of $3.28 billion, a P/E ratio of 127.51, a PEG ratio of 19.96 and a beta of 1.02. IPG Photonics Corporation has a fifty-two week low of $48.59 and a fifty-two week high of $92.21.

IPG Photonics (NASDAQ:IPGP) last released its earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.16 by $0.19. The firm had revenue of $250.79 million for the quarter, compared to analysts’ expectations 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. Equities analysts anticipate that IPG Photonics Corporation will post 1.54 EPS for the current 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.