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IPG Photonics Co. (NASDAQ:IPGP - Get Rating) major shareholder Valentin Gapontsev Trust I sold 5,000 shares of the company's stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of $87.72, for a total transaction of $438,600.00. Following the transaction, the insider now directly owns 7,404,599 shares of the company's stock, valued at approximately $649,531,424.28. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.

Valentin Gapontsev Trust I also recently made the following trade(s): On Wednesday, September 7th, Valentin Gapontsev Trust I sold 5,000 shares of IPG Photonics stock. The stock was sold at an average price of $88.14, for a total value of $440,700.00. On Wednesday, August 24th, Valentin Gapontsev Trust I sold 5,000 shares of IPG Photonics stock. The stock was sold at an average price of $95.68, for a total value of $478,400.00. On Wednesday, August 17th, Valentin Gapontsev Trust I sold 5,000 shares of IPG Photonics stock. The stock was sold at an average price of $99.53, for a total value of $497,650.00. On Wednesday, August 10th, Valentin Gapontsev Trust I sold 5,000 shares of IPG Photonics stock. The stock was sold at an average price of $101.77, for a total value of $508,850.00. On Wednesday, August 3rd, Valentin Gapontsev Trust I sold 5,000 shares of IPG Photonics stock. The stock was sold at an average price of $102.97, for a total value of $514,850.00. IPG Photonics Price Performance

Shares of IPGP stock traded up $0.79 on Friday, hitting $88.05. 1,102,940 shares of the stock traded hands, compared to its average volume of 541,833. The company has a market capitalization of $4.42 billion, a PE ratio of 17.38, a PEG ratio of 4.37 and a beta of 1.39. IPG Photonics Co. has a 1-year low of $82.68 and a 1-year high of $180.54. The company's fifty day moving average is $96.97 and its 200 day moving average is $100.48.

IPG Photonics (NASDAQ:IPGP - Get Rating) last posted its quarterly earnings results on Tuesday, August 2nd. The semiconductor company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.04). The firm had revenue of $377.02 million for the quarter, compared to analyst estimates of $373.26 million. IPG Photonics had a net margin of 17.91% and a return on equity of 10.31%. The business's revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.33 earnings per share. As a group, equities research analysts expect that IPG Photonics Co. will post 4.69 EPS for the current year. Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Citigroup decreased their target price on IPG Photonics from $157.00 to $146.00 and set a "buy" rating for the company in a report on Wednesday, August 3rd. Benchmark decreased their price target on IPG Photonics to $165.00 in a report on Tuesday, August 9th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $168.43.Institutional Investors Weigh In On IPG Photonics

Large investors have recently added to or reduced their stakes in the stock. Covestor Ltd acquired a new stake in IPG Photonics in the fourth quarter worth $26,000. Signaturefd LLC increased its holdings in shares of IPG Photonics by 174.3% during the first quarter. Signaturefd LLC now owns 384 shares of the semiconductor company's stock valued at $42,000 after purchasing an additional 244 shares during the period. Cutler Group LP acquired a new position in shares of IPG Photonics during the first quarter valued at $43,000. Quadrant Capital Group LLC increased its holdings in shares of IPG Photonics by 195.1% during the second quarter. Quadrant Capital Group LLC now owns 478 shares of the semiconductor company's stock valued at $45,000 after purchasing an additional 316 shares during the period. Finally, Atticus Wealth Management LLC acquired a new position in shares of IPG Photonics during the first quarter valued at $55,000. 65.21% of the stock is owned by institutional investors and hedge funds. IPG Photonics Company Profile (Get Rating)

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. The company's 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.Read MoreGet a free copy of the StockNews.com research report on IPG Photonics (IPGP)3 Banks Worth Considering For Q4Stock Market: 3 Islands Of Strength In A Sea Of RedIs There a Cure for What is Ailing Teladoc Stock?No One Told These 3 Stocks It’s a Down WeekMarketBeat: Week in Review 9/12 – 9/16

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