IPG Photonics (NASDAQ:IPGP) Reaches New 52-Week High – Here’s Why

IPG Photonics Corporation (NASDAQ:IPGP)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $110.85 and last traded at $109.6720, with a volume of 13030 shares changing hands. The stock had previously closed at $99.30.

Analyst Ratings Changes

Several analysts have recently weighed in on IPGP shares. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a research note on Wednesday, December 10th. Zacks Research upgraded IPG Photonics from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 15th. Roth Mkm increased their price target on IPG Photonics from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Citigroup upgraded IPG Photonics from a “sell” rating to a “buy” rating and lifted their price objective for the company from $68.00 to $105.00 in a report on Wednesday, November 5th. Finally, Stifel Nicolaus set a $92.00 price objective on IPG Photonics in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, IPG Photonics presently has an average rating of “Moderate Buy” and an average target price of $91.67.

IPG Photonics Stock Performance

The firm’s 50-day moving average price is $81.82 and its two-hundred day moving average price is $81.51. The firm has a market cap of $4.70 billion, a PE ratio of 183.47, a P/E/G ratio of 13.86 and a beta of 1.02.

Insiders Place Their Bets

In other news, major shareholder Fibre Devices Ltd Ip sold 13,381 shares of the business’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $81.52, for a total value of $1,090,819.12. Following the sale, the insider owned 6,593,169 shares in the company, valued at approximately $537,475,136.88. The trade was a 0.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Eric Meurice sold 750 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $95.00, for a total value of $71,250.00. Following the sale, the director directly owned 22,803 shares of the company’s stock, valued at approximately $2,166,285. The trade was a 3.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 470,913 shares of company stock worth $36,233,025 in the last 90 days. 39.50% of the stock is owned by company insiders.

Institutional Trading of IPG Photonics

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of IPG Photonics by 20.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,024 shares of the semiconductor company’s stock valued at $2,541,000 after acquiring an additional 6,741 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of IPG Photonics by 0.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,469 shares of the semiconductor company’s stock valued at $5,523,000 after purchasing an additional 744 shares in the last quarter. Jane Street Group LLC lifted its holdings in IPG Photonics by 79.4% in the first quarter. Jane Street Group LLC now owns 122,105 shares of the semiconductor company’s stock worth $7,710,000 after buying an additional 54,026 shares during the period. Inspire Investing LLC grew its holdings in shares of IPG Photonics by 10.1% during the 2nd quarter. Inspire Investing LLC now owns 7,027 shares of the semiconductor company’s stock worth $482,000 after acquiring an additional 644 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its position in shares of IPG Photonics by 3.2% in 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. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

About IPG Photonics

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.