Rice Hall James & Associates LLC Acquires Shares of 29,993 IPG Photonics Corporation $IPGP

Rice Hall James & Associates LLC bought a new position in shares of IPG Photonics Corporation (NASDAQ:IPGP) in the second quarter, Holdings Channel reports. The firm bought 29,993 shares of the semiconductor company’s stock, valued at approximately $3,519,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of IPG Photonics in the 2nd quarter valued at $705,000. Old West Investment Management LLC acquired a new stake in shares of IPG Photonics during the second quarter worth $9,525,000. Global Retirement Partners LLC bought a new stake in IPG Photonics in the second quarter valued at about $104,000. Bank of New York Mellon Corp acquired a new position in IPG Photonics in the second quarter valued at about $17,512,000. Finally, State of Wyoming bought a new position in IPG Photonics during the second quarter worth about $1,035,000. Institutional investors own 93.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on IPGP. Citigroup lowered their price target on IPG Photonics from $150.00 to $137.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Needham & Company LLC upped their target price on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Roth Capital reaffirmed a “buy” rating and set a $151.00 price objective on shares of IPG Photonics in a research note on Tuesday, May 19th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $142.60.

Insider Activity at IPG Photonics

In related news, major shareholder Valentin Gapontsev Trust I sold 56,316 shares of the firm’s stock in a transaction on Tuesday, July 21st. The shares were sold at an average price of $102.31, for a total transaction of $5,761,689.96. Following the sale, the insider directly owned 6,670,283 shares in the company, valued at $682,436,653.73. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eugene A. Scherbakov sold 1,524 shares of the business’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $86.61, for a total transaction of $131,993.64. Following the completion of the sale, the director directly owned 48,210 shares in the company, valued at $4,175,468.10. This represents a 3.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 193,863 shares of company stock valued at $19,449,856 over the last three months. Insiders own 37.50% of the company’s stock.

IPG Photonics Stock Performance

NASDAQ IPGP opened at $88.10 on Tuesday. The business has a 50 day simple moving average of $100.95 and a 200 day simple moving average of $111.88. IPG Photonics Corporation has a 52-week low of $71.38 and a 52-week high of $155.82. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 135.54, a PEG ratio of 2.32 and a beta of 0.96.

IPG Photonics (NASDAQ:IPGP) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.37 by $0.21. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The firm had revenue of $278.58 million for the quarter, compared to the consensus estimate of $279.98 million. During the same period last year, the company posted $0.16 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, analysts predict that IPG Photonics Corporation will post 1.78 EPS for the current year.

IPG Photonics Company 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.