IPG Photonics Corporation $IPGP Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its holdings in shares of IPG Photonics Corporation (NASDAQ:IPGP) by 45.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,138 shares of the semiconductor company’s stock after buying an additional 62,286 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.47% of IPG Photonics worth $15,849,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Emerald Mutual Fund Advisers Trust acquired a new position in shares of IPG Photonics during the 3rd quarter worth about $6,645,000. S Squared Technology LLC increased its stake in IPG Photonics by 7.3% during the 2nd quarter. S Squared Technology LLC now owns 73,866 shares of the semiconductor company’s stock worth $5,071,000 after buying an additional 5,000 shares in the last quarter. QSM Asset Management Ltd raised its holdings in shares of IPG Photonics by 95.6% during the third quarter. QSM Asset Management Ltd now owns 51,832 shares of the semiconductor company’s stock valued at $4,058,000 after acquiring an additional 25,332 shares during the last quarter. Old West Investment Management LLC purchased a new position in shares of IPG Photonics in the second quarter valued at approximately $601,000. Finally, Brandes Investment Partners LP lifted its position in shares of IPG Photonics by 87.8% in the second quarter. Brandes Investment Partners LP now owns 133,592 shares of the semiconductor company’s stock valued at $9,171,000 after acquiring an additional 62,445 shares in the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

Analyst Ratings Changes

IPGP has been the subject of several recent research reports. Stifel Nicolaus set a $92.00 price objective on IPG Photonics in a research note on Tuesday, November 4th. Roth Mkm increased their target price on shares of IPG Photonics from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday. Zacks Research raised shares of IPG Photonics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, December 29th. Finally, Benchmark reiterated a “hold” rating on shares of IPG Photonics in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $91.67.

Insider Activity

In related news, Director Eugene A. Scherbakov sold 2,700 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $80.96, for a total value of $218,592.00. Following the transaction, the director directly owned 59,330 shares in the company, valued at approximately $4,803,356.80. This represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Fibre Devices Ltd Ip sold 13,381 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $81.52, for a total value of $1,090,819.12. Following the completion of the transaction, the insider owned 6,593,169 shares of the company’s stock, valued at $537,475,136.88. The trade was a 0.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 470,913 shares of company stock worth $36,233,025 in the last 90 days. 39.50% of the stock is owned by corporate insiders.

IPG Photonics Trading Up 10.4%

IPG Photonics stock opened at $109.61 on Friday. The company has a 50-day moving average price of $81.82 and a 200 day moving average price of $81.48. IPG Photonics Corporation has a 12-month low of $48.59 and a 12-month high of $110.00. The stock has a market cap of $4.62 billion, a P/E ratio of 179.69, a PEG ratio of 13.86 and a beta of 1.03.

IPG Photonics Profile

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.