IPG Photonics Corporation (NASDAQ:IPGP – Get Free Report) major shareholder Valentin Gapontsev Trust I sold 17,526 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $77.57, for a total value of $1,359,491.82. Following the completion of the sale, the insider owned 6,801,051 shares of the company’s stock, valued at $527,557,526.07. This trade represents a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Valentin Gapontsev Trust I also recently made the following trade(s):
- On Tuesday, January 13th, Valentin Gapontsev Trust I sold 23,029 shares of IPG Photonics stock. The shares were sold at an average price of $76.98, for a total value of $1,772,772.42.
- On Monday, January 12th, Valentin Gapontsev Trust I sold 17,993 shares of IPG Photonics stock. The shares were sold at an average price of $76.25, for a total transaction of $1,371,966.25.
- On Tuesday, December 16th, Valentin Gapontsev Trust I sold 27,116 shares of IPG Photonics stock. The stock was sold at an average price of $77.06, for a total transaction of $2,089,558.96.
- On Monday, December 15th, Valentin Gapontsev Trust I sold 39,384 shares of IPG Photonics stock. The shares were sold at an average price of $77.63, for a total transaction of $3,057,379.92.
- On Tuesday, November 18th, Valentin Gapontsev Trust I sold 47,901 shares of IPG Photonics stock. The stock was sold at an average price of $76.13, for a total transaction of $3,646,703.13.
- On Tuesday, November 18th, Valentin Gapontsev Trust I sold 47,901 shares of IPG Photonics stock. The stock was sold at an average price of $76.13, for a total transaction of $3,646,703.13.
- On Monday, November 17th, Valentin Gapontsev Trust I sold 18,599 shares of IPG Photonics stock. The stock was sold at an average price of $77.67, for a total value of $1,444,584.33.
- On Monday, November 17th, Valentin Gapontsev Trust I sold 18,599 shares of IPG Photonics stock. The stock was sold at an average price of $77.67, for a total value of $1,444,584.33.
IPG Photonics Price Performance
NASDAQ IPGP opened at $80.03 on Friday. The stock’s 50 day simple moving average is $78.12 and its 200-day simple moving average is $79.44. The company has a market cap of $3.37 billion, a PE ratio of 131.20, a price-to-earnings-growth ratio of 15.41 and a beta of 1.01. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $92.21.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on IPGP. Roth Capital set a $96.00 price target on shares of IPG Photonics and gave the stock a “buy” rating in a research note on Monday, October 6th. Citigroup raised shares of IPG Photonics from a “sell” rating to a “buy” rating and raised their target price for the stock from $68.00 to $105.00 in a research note on Wednesday, November 5th. Stifel Nicolaus set a $92.00 price target on IPG Photonics in a research report on Tuesday, November 4th. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a report on Wednesday, December 10th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 29th. One 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $89.33.
Read Our Latest Stock Analysis on IPGP
Institutional Trading of IPG Photonics
Hedge funds and other institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc lifted its holdings in IPG Photonics by 51.1% in the third quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 116 shares during the last quarter. True Wealth Design LLC raised its position in IPG Photonics by 1,621.7% in the second quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 373 shares during the period. Nomura Asset Management Co. Ltd. lifted its stake in shares of IPG Photonics by 207.1% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 290 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of IPG Photonics by 348.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 578 shares during the last quarter. Finally, Signaturefd LLC grew its holdings 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 purchasing an additional 332 shares during the period. Institutional investors and hedge funds own 93.79% of the company’s stock.
About IPG Photonics
IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.
In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.
Recommended Stories
- Five stocks we like better than IPG Photonics
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Trump just signed it
- Virtually Unknown AI Company Solving Trillion-Dollar Problem
- Do not delete, read immediately
- URGENT: Trump Just Triggered AI’s Biggest Disruption Yet
Receive News & Ratings for IPG Photonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IPG Photonics and related companies with MarketBeat.com's FREE daily email newsletter.
