IPG Photonics (NASDAQ:IPGP) Director Eugene Scherbakov Sells 2,700 Shares

IPG Photonics Corporation (NASDAQ:IPGP) Director Eugene Scherbakov sold 2,700 shares of the stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $87.64, for a total transaction of $236,628.00. Following the transaction, the director directly owned 67,430 shares of the company’s stock, valued at approximately $5,909,565.20. This trade represents a 3.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

IPG Photonics Price Performance

Shares of IPGP stock opened at $88.06 on Wednesday. The firm has a market cap of $3.72 billion, a PE ratio of -17.97, a price-to-earnings-growth ratio of 24.18 and a beta of 0.98. The company has a 50-day moving average of $82.10 and a two-hundred day moving average of $71.90. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $90.29.

IPG Photonics (NASDAQ:IPGP) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.20. The business had revenue of $250.72 million for the quarter, compared to analysts’ expectations of $228.20 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The business’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.45 earnings per share. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. Sell-side analysts anticipate that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Institutional Trading of IPG Photonics

Several hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its position in IPG Photonics by 8.9% in the second quarter. PNC Financial Services Group Inc. now owns 1,813 shares of the semiconductor company’s stock valued at $124,000 after acquiring an additional 148 shares in the last quarter. Inspire Investing LLC grew its position in IPG Photonics by 2.8% in the first quarter. Inspire Investing LLC now owns 6,383 shares of the semiconductor company’s stock valued at $403,000 after acquiring an additional 176 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in IPG Photonics by 3.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 6,352 shares of the semiconductor company’s stock valued at $436,000 after acquiring an additional 194 shares in the last quarter. Orion Porfolio Solutions LLC grew its position in IPG Photonics by 2.8% in the second quarter. Orion Porfolio Solutions LLC now owns 7,922 shares of the semiconductor company’s stock valued at $544,000 after acquiring an additional 215 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in IPG Photonics by 4.6% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,408 shares of the semiconductor company’s stock valued at $341,000 after acquiring an additional 236 shares in the last quarter. Institutional investors and hedge funds own 93.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on IPGP shares. Roth Capital set a $96.00 price objective on shares of IPG Photonics and gave the company a “buy” rating in a report on Monday, October 6th. Sanford C. Bernstein upgraded shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price objective for the company in a report on Thursday, August 7th. Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of IPG Photonics in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $78.50.

IPG Photonics Company 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.