IPG Photonics Corporation (NASDAQ:IPGP) Director Henry E. Gauthier sold 5,000 shares of the company’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $257.52, for a total value of $1,287,600.00. Following the sale, the director now owns 15,104 shares of the company’s stock, valued at $3,889,582.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

IPG Photonics Corporation (NASDAQ IPGP) opened at $263.05 on Friday. IPG Photonics Corporation has a 12 month low of $100.34 and a 12 month high of $264.11. The company has a market capitalization of $13,980.34, a price-to-earnings ratio of 38.40, a PEG ratio of 2.85 and a beta of 1.71. The company has a quick ratio of 7.46, a current ratio of 9.02 and a debt-to-equity ratio of 0.02.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings results on Tuesday, October 31st. The semiconductor company reported $2.11 EPS for the quarter, beating the Zacks’ consensus estimate of $1.79 by $0.32. IPG Photonics had a return on equity of 21.17% and a net margin of 27.85%. The company had revenue of $392.62 million during the quarter, compared to analysts’ expectations of $367.27 million. During the same period in the prior year, the company earned $1.29 EPS. IPG Photonics’s revenue was up 47.6% compared to the same quarter last year. sell-side analysts predict that IPG Photonics Corporation will post 7.13 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on the company. BidaskClub upgraded IPG Photonics from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 5th. ValuEngine cut IPG Photonics from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research cut IPG Photonics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. DA Davidson upped their target price on IPG Photonics to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Finally, Needham & Company LLC upped their target price on IPG Photonics from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $180.33.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BRILLIANCE ASSET MANAGEMENT Ltd lifted its stake in shares of IPG Photonics by 14.2% in the 4th quarter. BRILLIANCE ASSET MANAGEMENT Ltd now owns 607,405 shares of the semiconductor company’s stock valued at $130,064,000 after acquiring an additional 75,594 shares during the last quarter. State of Alaska Department of Revenue bought a new position in IPG Photonics during the 4th quarter worth $556,000. Oakbrook Investments LLC raised its position in IPG Photonics by 29.9% during the 4th quarter. Oakbrook Investments LLC now owns 3,605 shares of the semiconductor company’s stock worth $772,000 after purchasing an additional 830 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new position in IPG Photonics during the 4th quarter worth $128,000. Finally, Schwab Charles Investment Management Inc. raised its position in IPG Photonics by 1.2% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 142,852 shares of the semiconductor company’s stock worth $30,589,000 after purchasing an additional 1,653 shares during the last quarter. Institutional investors own 56.38% of the company’s stock.

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About IPG Photonics

IPG Photonics Corporation is a developer and manufacturer of a line of fiber lasers, fiber amplifiers, diode lasers, laser systems and optical accessories that are used for various applications. The Company offers a line of lasers and amplifiers, which are used in materials processing, communications and medical applications.

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

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