IPG Photonics (NASDAQ:IPGP) SVP Trevor Ness Sells 1,678 Shares of Stock

IPG Photonics Corporation (NASDAQ:IPGP) SVP Trevor Ness sold 1,678 shares of the business’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $87.00, for a total transaction of $145,986.00. Following the sale, the senior vice president directly owned 38,887 shares in the company, valued at $3,383,169. This trade represents a 4.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Trevor Ness also recently made the following trade(s):

• On Thursday, September 18th, Trevor Ness sold 1,678 shares of IPG Photonics stock. The shares were sold at an average price of $82.64, for a total transaction of $138,669.92.
• On Wednesday, August 27th, Trevor Ness sold 1,678 shares of IPG Photonics stock. The shares were sold at an average price of $82.94, for a total transaction of $139,173.32.

IPG Photonics Price Performance

Shares of IPGP opened at $88.06 on Wednesday. The firm has a market capitalization 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. IPG Photonics Corporation has a 1-year low of $48.59 and a 1-year high of $90.29. The company’s fifty day moving average price is $82.10 and its 200-day moving average price is $71.90.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.20. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The firm had revenue of $250.72 million for the quarter, compared to analyst estimates of $228.20 million. During the same period in the previous year, the company earned $0.45 earnings per share. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. As a group, research analysts anticipate that IPG Photonics Corporation will post 1.54 EPS for the current fiscal year.

Institutional Investors Weigh In On IPG Photonics

Several hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in shares of IPG Photonics by 8.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,813 shares of the semiconductor company’s stock worth $124,000 after acquiring an additional 148 shares in the last quarter. Inspire Investing LLC boosted its stake in shares of IPG Photonics by 2.8% during the 1st quarter. Inspire Investing LLC now owns 6,383 shares of the semiconductor company’s stock worth $403,000 after acquiring an additional 176 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of IPG Photonics by 3.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,352 shares of the semiconductor company’s stock worth $436,000 after acquiring an additional 194 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of IPG Photonics by 2.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 7,922 shares of the semiconductor company’s stock worth $544,000 after acquiring an additional 215 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of IPG Photonics by 4.6% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,408 shares of the semiconductor company’s stock worth $341,000 after acquiring an additional 236 shares in the last quarter. 93.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

About IPG Photonics

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.