IPG Photonics Corporation (NASDAQ:IPGP) Traded 8.5% Above Its 50 Day Average

Lloyd Doyle
October 12, 2017

On Friday, January 15 the stock rating was initiated by Keefe Bruyette & Woods with "Market Perform".

09/21/2015 - D.A. Davidson began new coverage on IPG Photonics Corporation giving the company a "buy" rating. The firm earned "Hold" rating on Tuesday, September 15 by Canaccord Genuity. RBC Capital Markets maintained it with "Sector Perform" rating and $19 target in Wednesday, August 5 report. The stock has "Buy" rating by Dougherty & Company on Wednesday, February 15. ValuEngine lowered IPG Photonics Corporation from a "buy" rating to a "hold" rating in a report on Monday, October 2nd.

According to the latest research reports released, 4 analysts have issued a rating of "buy", 4 analysts "outperform", 3 analysts "hold", 0 analysts "underperform" and 0 analysts "sell".

06/20/2017 - IPG Photonics Corporation had its "buy" rating reiterated by analysts at Needham & Company. IPG Photonics Corporation (NASDAQ:IPGP) has risen 67.64% since October 12, 2016 and is uptrending.

Greenleaf Trust decreased At&T Inc (T) stake by 56.68% reported in 2017Q2 SEC filing. Shares for $280,280 were sold by Samartsev Igor on Tuesday, May 30. At&T Inc now has $224.72 billion valuation. The stock rose 1.53% or $2.98 reaching $197.61. About 413,394 shares traded. Royal Caribbean Cruises Ltd (RCL) has risen 38.22% since October 12, 2016 and is uptrending. It has underperformed by 17.22% the S&P500.


Since May 2, 2017, it had 0 insider purchases, and 6 selling transactions for $5.12 million activity. Insiders sold a total of 62,017 shares of company stock valued at $10,070,761 in the last quarter. Shares for $638,388 were sold by Lopresti Angelo P. Another trade for 200 shares valued at $28,000 was made by Valentin Gapontsev Trust I on Tuesday, May 2.

About 8 shares traded. Dalton Greiner Hartman Maher & Co sold 90,190 shares as Ipg Photonics Corp Com (NASDAQ:IPGP)'s stock rose 13.78%. It has outperformed by 50.94% the S&P500.

Investors sentiment decreased to 1.26 in Q2 2017. The semiconductor company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.28. Flinton Capital Management LLC's holdings in IPG Photonics Corporation were worth $358,000 at the end of the most recent quarter. Inc. raised its position in shares of IPG Photonics by 36.7% in the third quarter. On Thursday, June 1 SEIFERT THOMAS J sold $552,487 worth of IPG Photonics Corporation (NASDAQ:IPGP) or 3,950 shares. Voya Mngmt Limited Company holds 13,853 shares. Eqis Capital Management, Inc. bolstered its stake by buying 116 shares an increase of 4.8% as of 09/30/2017. Etrade Mngmt Ltd Llc has invested 0.07% in IPG Photonics Corporation (NASDAQ:IPGP). Banque Pictet And Cie stated it has 0.05% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP). For the past month, IPG Photonics Corporation's stock has been 9.35%, 28.03% for the last quarter, 65.63% for the past six months and 133.23% for the past 52 weeks.

Analysts await IPG Photonics Corporation (NASDAQ:IPGP) to report earnings on October, 26. Jennison Associates accumulated 608,020 shares or 0.09% of the stock. United Services Automobile Association now owns 22,250 shares of the semiconductor company's stock valued at $2,686,000 after purchasing an additional 5,100 shares in the last quarter. Numeric Ltd Liability Corp holds 2,400 shares or 0% of its portfolio. It dived, as 29 investors sold IPGP shares while 108 reduced holdings. Llc, a Louisiana-based fund reported 723,068 shares. Proshare Advisors Lc has 2,777 shares for 0% of their portfolio.

IPG Photonics Corporation is a developer and maker of a line of fiber lasers, fiber amplifiers, diode lasers, laser systems and optical accessories that are used for various applications. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 32.59 and a beta of 1.68. The Firm offers a line of lasers and amplifiers, which are used in materials processing, communications and medical applications. It has a 8.12 P/E ratio. The Firm sells its products globally to original equipment manufacturers, system integrators and end users. Its up 0.18, from 0.97 in 2017Q1. The total value of its holdings increased 88.8%. 123 funds opened positions while 686 raised stakes. 83,548 were accumulated by Ftb Advsr. Old Natl Savings Bank In owns 3,485 shares. Amer Century owns 25,603 shares. Wasatch Incorporated invested in 39,770 shares. Commonwealth Equity Svcs invested in 0.86% or 3.59M shares. (NYSE:T) for 172,568 shares. Ubs Asset Mgmt Americas has invested 0% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP). (NYSE:T) for 75.52M shares. Parallax Volatility Advisers Ltd Partnership reported 400 shares. It also upped Ishares Tr S & P Smallcap 600 Index (IJR) stake by 157,426 shares and now owns 601,916 shares.

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