IPG Photonics (NASDAQ:IPGP) Hits New 12-Month High – What’s Next?

IPG Photonics Corporation (NASDAQ:IPGP) hit a new 52-week high on Tuesday . The stock traded as high as $95.76 and last traded at $94.55, with a volume of 1150496 shares trading hands. The stock had previously closed at $92.41.

Analysts Set New Price Targets

Several brokerages have commented on IPGP. Zacks Research upgraded IPG Photonics from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 15th. Benchmark restated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, December 10th. Stifel Nicolaus set a $92.00 price objective on shares of IPG Photonics in a research note on Tuesday, November 4th. Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and increased their target price for the stock from $68.00 to $105.00 in a research note on Wednesday, November 5th. Finally, Roth Mkm set a $96.00 price target on shares of IPG Photonics and gave the company a “buy” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $89.33.

IPG Photonics Trading Up 2.3%

The stock’s fifty day moving average price is $79.96 and its 200 day moving average price is $80.76. The stock has a market cap of $3.98 billion, a P/E ratio of 155.00, a price-to-earnings-growth ratio of 11.68 and a beta of 1.02.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.19. The company had revenue of $250.79 million during the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics had a net margin of 2.66% and a return on equity of 2.35%. On average, analysts anticipate that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Insider Transactions at IPG Photonics

In other IPG Photonics news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $76.36, for a total value of $2,672,600.00. Following the completion of the sale, the insider owned 6,721,503 shares of the company’s stock, valued at $513,253,969.08. This represents a 0.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $76.13, for a total transaction of $3,646,703.13. Following the transaction, the insider owned 6,926,099 shares in the company, valued at $527,283,916.87. The trade was a 0.69% 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 valued at $36,230,775 over the last quarter. Company insiders own 39.50% of the company’s stock.

Institutional Investors Weigh In On IPG Photonics

A number of institutional investors have recently made changes to their positions in IPGP. True Wealth Design LLC raised its position in IPG Photonics by 1,621.7% in the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 373 shares during the period. Versant Capital Management Inc grew its stake in shares of IPG Photonics by 51.1% during the third quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 116 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of IPG Photonics by 207.1% in the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock worth $30,000 after buying an additional 290 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of IPG Photonics by 348.2% in the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after buying an additional 578 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of IPG Photonics by 76.9% in the 2nd quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock valued at $52,000 after acquiring an additional 332 shares during the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock.

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.