IPG Photonics Corp’s recent filing unveils that its Affiliate Valentin Gapontsev Trust II acquired Company’s shares for reported $0.83 million on Mar 18 ’25. In the deal valued at $65.23 per share,12,660 shares were bought.
Then, Valentin Gapontsev Trust I sold 75,000 shares, generating $4,696,310 in total proceeds. Upon selling the shares at $62.62, the 10% Owner now owns 7,125,599 shares.
Before that, Valentin Gapontsev Trust II bought 12,000 shares. IPG Photonics Corp shares valued at $951,240 were divested by the Affiliate at a price of $79.27 per share.
CL King upgraded its IPG Photonics Corp [IPGP] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Neutral”. Seaport Research Partners also remained covering IPGP and has decreased its forecast on August 01, 2024 with a “Neutral” recommendation from previously “Buy” rating. The Benchmark Company revised its rating on July 31, 2024. It rated IPGP as “a Hold” which previously was an “a Buy”.
Price Performance Review of IPGP
On Tuesday, IPG Photonics Corp [NASDAQ:IPGP] saw its stock fall -13.02% to $54.91. Over the last five days, the stock has lost -7.23%. IPG Photonics Corp shares have fallen nearly -24.49% since the year began. Nevertheless, the stocks have fallen -36.67% over the past one year. While a 52-week high of $92.21 was reached on 01/22/25, a 52-week low of $48.59 was recorded on 04/09/25. SMA at 50 days reached $59.52, while 200 days put it at $70.06.
Levels Of Support And Resistance For IPGP Stock
The 24-hour chart illustrates a support level at 52.23, which if violated will result in even more drops to 49.54. On the upside, there is a resistance level at 57.14. A further resistance level may holdings at 59.36. The Relative Strength Index (RSI) on the 14-day chart is 43.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 66.87%. Stochastics %K at 72.57% indicates the stock is a holding.
