Norges Bank Makes New $16.67 Million Investment in IPG Photonics Corporation $IPGP

by · The Markets Daily

Norges Bank acquired a new stake in shares of IPG Photonics Corporation (NASDAQ:IPGP – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 242,834 shares of the semiconductor company’s stock, valued at approximately $16,671,000. Norges Bank owned approximately 0.58% of IPG Photonics as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. True Wealth Design LLC grew 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 valued at $27,000 after purchasing an additional 373 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in IPG Photonics by 207.1% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 290 shares in the last quarter. Signaturefd LLC boosted its stake in IPG Photonics by 76.9% during the 2nd quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock valued at $52,000 after purchasing an additional 332 shares during the last quarter. Parallel Advisors LLC boosted its stake in IPG Photonics by 853.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,097 shares of the semiconductor company’s stock valued at $75,000 after purchasing an additional 982 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in IPG Photonics during the 2nd quarter worth approximately $89,000. 93.79% of the stock is owned by institutional investors and hedge funds.

IPG Photonics Price Performance

Shares of NASDAQ:IPGP opened at $81.45 on Tuesday. IPG Photonics Corporation has a 1 year low of $48.59 and a 1 year high of $92.21. The company has a market capitalization of $3.43 billion, a PE ratio of 133.52, a price-to-earnings-growth ratio of 21.20 and a beta of 1.02. The business has a fifty day moving average price of $83.06 and a two-hundred day moving average price of $77.81.

IPG Photonics (NASDAQ:IPGP – Get Free Report) last issued its earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.19. IPG Photonics had a return on equity of 2.35% and a net margin of 2.66%.The firm had revenue of $250.79 million for the quarter, compared to analyst estimates of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Sell-side analysts anticipate that IPG Photonics Corporation will post 1.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on IPGP shares. Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a report on Monday, December 1st. Citigroup upgraded IPG Photonics from a “sell” rating to a “buy” rating and raised their price objective for the company from $68.00 to $105.00 in a research note on Wednesday, November 5th. Stifel Nicolaus set a $92.00 target price on shares of IPG Photonics in a research note on Tuesday, November 4th. Finally, Roth Capital 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. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $89.33.

Get Our Latest Stock Report on IPG Photonics

Insider Activity

In related news, major shareholder Valentin Gapontsev Trust I sold 47,901 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $76.13, for a total value of $3,646,703.13. Following the transaction, the insider owned 6,926,099 shares of the company’s stock, valued at $527,283,916.87. This represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of IPG Photonics stock in a transaction dated 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 sale, the insider directly owned 6,721,503 shares of the company’s stock, valued at approximately $513,253,969.08. This trade represents a 0.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 475,771 shares of company stock worth $38,205,473. Corporate insiders own 39.50% of the company’s stock.

IPG Photonics Profile

(Free Report)

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.

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