Jeanmarie Desmond Sells 1,690 Shares of IPG Photonics (NASDAQ:IPGP) Stock

IPG Photonics Corporation (NASDAQ:IPGPGet Free Report) Director Jeanmarie Desmond sold 1,690 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $105.58, for a total value of $178,430.20. Following the completion of the sale, the director owned 10,486 shares of the company’s stock, valued at approximately $1,107,111.88. The trade was a 13.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

IPG Photonics Stock Down 2.2%

Shares of IPGP opened at $102.76 on Friday. The business has a 50-day simple moving average of $116.03 and a two-hundred day simple moving average of $100.24. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 148.93, a PEG ratio of 3.01 and a beta of 0.97. IPG Photonics Corporation has a 52 week low of $63.33 and a 52 week high of $155.82.

IPG Photonics (NASDAQ:IPGPGet Free Report) last released 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). IPG Photonics had a return on equity of 2.84% and a net margin of 2.78%.The business had revenue of $265.50 million for the quarter, compared to analysts’ expectations of $256.99 million. During the same quarter in the prior year, the business posted $0.09 EPS. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. IPG Photonics has set its Q2 2026 guidance at 0.250-0.550 EPS. On average, equities analysts anticipate that IPG Photonics Corporation will post 1.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on IPGP shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research report on Friday, March 27th. Needham & Company LLC upgraded IPG Photonics from a “hold” rating to a “buy” rating and set a $110.00 target price for the company in a research report on Wednesday, May 6th. Zacks Research cut IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Citigroup increased their target price on IPG Photonics from $105.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Raymond James Financial cut IPG Photonics from a “strong-buy” rating to an “outperform” rating and increased their target price for the stock from $97.00 to $180.00 in a research report on Friday, February 13th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $128.67.

Check Out Our Latest Research Report on IPG Photonics

Hedge Funds Weigh In On IPG Photonics

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IPGP. Segall Bryant & Hamill LLC bought a new position in IPG Photonics during the fourth quarter valued at approximately $30,254,000. AQR Capital Management LLC boosted its stake in IPG Photonics by 53.7% during the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock valued at $67,101,000 after buying an additional 341,773 shares during the last quarter. Invesco Ltd. boosted its stake in IPG Photonics by 169.4% during the fourth quarter. Invesco Ltd. now owns 288,507 shares of the semiconductor company’s stock valued at $20,657,000 after buying an additional 181,423 shares during the last quarter. Norges Bank bought a new position in IPG Photonics during the fourth quarter valued at approximately $12,647,000. Finally, Sei Investments Co. lifted its stake in shares of IPG Photonics by 445.9% in the 1st quarter. Sei Investments Co. now owns 192,688 shares of the semiconductor company’s stock valued at $22,080,000 after purchasing an additional 157,392 shares during the last quarter. 93.79% of the stock is owned by institutional investors.

About IPG Photonics

(Get 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.

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Insider Buying and Selling by Quarter for IPG Photonics (NASDAQ:IPGP)

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