Hsbc Holdings PLC Sells 8,373 Shares of IPG Photonics Corporation $IPGP

Hsbc Holdings PLC cut its stake in shares of IPG Photonics Corporation (NASDAQ:IPGPFree Report) by 42.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 11,424 shares of the semiconductor company’s stock after selling 8,373 shares during the period. Hsbc Holdings PLC’s holdings in IPG Photonics were worth $1,300,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IPGP. Oregon Public Employees Retirement Fund grew its position in IPG Photonics by 2.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 5,139 shares of the semiconductor company’s stock valued at $589,000 after purchasing an additional 100 shares during the last quarter. Hodges Capital Management Inc. increased its stake in IPG Photonics by 197.3% during the 1st quarter. Hodges Capital Management Inc. now owns 67,198 shares of the semiconductor company’s stock valued at $7,700,000 after purchasing an additional 44,598 shares in the last quarter. First Dallas Securities Inc. bought a new stake in IPG Photonics during the 1st quarter valued at about $383,000. Strs Ohio raised its holdings in IPG Photonics by 3,519.5% in the first quarter. Strs Ohio now owns 21,391 shares of the semiconductor company’s stock worth $2,451,000 after buying an additional 20,800 shares during the last quarter. Finally, Decker Retirement Planning Inc. bought a new position in shares of IPG Photonics in the first quarter worth approximately $3,738,000. Hedge funds and other institutional investors own 93.79% of the company’s stock.

Insider Transactions at IPG Photonics

In related news, major shareholder Fibre Devices Ltd Ip sold 65,700 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $103.64, for a total transaction of $6,809,148.00. Following the completion of the sale, the insider directly owned 6,463,302 shares in the company, valued at approximately $669,856,619.28. The trade was a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jeanmarie F. Desmond sold 1,690 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $105.58, for a total transaction of $178,430.20. Following the sale, the director directly owned 10,486 shares of the company’s stock, valued at approximately $1,107,111.88. This represents a 13.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 80,400 shares of company stock worth $8,515,516. 37.50% of the stock is currently owned by corporate insiders.

IPG Photonics Stock Performance

IPG Photonics stock opened at $89.70 on Tuesday. The stock has a market cap of $3.81 billion, a PE ratio of 130.00, a price-to-earnings-growth ratio of 2.67 and a beta of 0.94. IPG Photonics Corporation has a one year low of $71.35 and a one year high of $155.82. The stock has a fifty day moving average of $110.18 and a 200 day moving average of $111.30.

IPG Photonics (NASDAQ:IPGPGet Free Report) last announced its earnings results on Tuesday, May 5th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). The firm had revenue of $265.50 million during the quarter, compared to analysts’ expectations of $256.99 million. IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The company’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.09 earnings per share. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. As a group, sell-side analysts predict that IPG Photonics Corporation will post 1.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on IPGP shares. Wall Street Zen cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup boosted their price objective on shares of IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Roth Capital reaffirmed a “buy” rating and issued a $151.00 price objective on shares of IPG Photonics in a research report on Tuesday, May 19th. Needham & Company LLC increased their target price on IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $137.17.

Read Our Latest Stock Analysis on IPG Photonics

IPG Photonics Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IPGP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IPG Photonics Corporation (NASDAQ:IPGPFree Report).

Institutional Ownership by Quarter for IPG Photonics (NASDAQ:IPGP)

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