In a filing, IPG Photonics Corp revealed its SVP, Secretary & Gen Counsel Lopresti Angelo P unloaded Company’s shares for reported $0.31 million on Jun 06 ’25. In the deal valued at $69.28 per share,4,500 shares were sold. As a result of this transaction, Lopresti Angelo P now holds 64,385 shares worth roughly $4.3 million.
Then, Lopresti Angelo P bought 4,500 shares, generating $311,748 in total proceeds.
Before that, Shcherbakov Eugene A sold 4,250 shares. IPG Photonics Corp shares valued at $280,544 were divested by the Director at a price of $66.01 per share. As a result of the transaction, Shcherbakov Eugene A now holds 73,432 shares, worth roughly $4.91 million.
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 -1.89% to $66.81. Over the last five days, the stock has lost -1.91%. IPG Photonics Corp shares have fallen nearly -8.13% since the year began. Nevertheless, the stocks have fallen -23.07% 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.
Levels Of Support And Resistance For IPGP Stock
The 24-hour chart illustrates a support level at 66.24, which if violated will result in even more drops to 65.66. On the upside, there is a resistance level at 67.92. A further resistance level may holdings at 69.02.
