IPG Photonics is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications.
Company profile
Ticker
IPGP
Exchange
Website
CEO
Valentin Gapontsev
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
IPG Laser GmbH & Co. KG ...
IRS number
43444218
IPGP stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
21 Feb 24
8-K
Departure of Directors or Certain Officers
21 Feb 24
8-K
Ipg Photonics Announces Fourth Quarter 2023 Financial Results
13 Feb 24
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
Ipg Photonics Announces Third Quarter 2023 Financial Results
31 Oct 23
8-K
Departure of Directors or Certain Officers
11 Oct 23
8-K
Departure of Directors or Certain Officers
1 Sep 23
S-8
Registration of securities for employees
3 Aug 23
10-Q
2023 Q2
Quarterly report
1 Aug 23
8-K
Ipg Photonics Announces Second Quarter 2023 Financial Results
1 Aug 23
Transcripts
IPGP
Earnings call transcript
2023 Q4
13 Feb 24
IPGP
Earnings call transcript
2023 Q3
31 Oct 23
IPGP
Earnings call transcript
2023 Q2
1 Aug 23
IPGP
Earnings call transcript
2023 Q1
2 May 23
IPGP
Earnings call transcript
2022 Q4
14 Feb 23
IPGP
Earnings call transcript
2022 Q3
1 Nov 22
IPGP
Earnings call transcript
2022 Q2
2 Aug 22
IPGP
Earnings call transcript
2022 Q1
3 May 22
IPGP
Earnings call transcript
2021 Q4
15 Feb 22
IPGP
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
4
Change in insider ownership
27 Mar 24
144
Notice of proposed sale of securities
25 Mar 24
4
Eric Meurice
8 Mar 24
4
Thomas J Burgomaster
5 Mar 24
4
Angelo P Lopresti
5 Mar 24
4
Timothy PV Mammen
5 Mar 24
4
Trevor Ness
5 Mar 24
4
Alexander Ovtchinnikov
5 Mar 24
4
Igor Samartsev
5 Mar 24
4
Eugene A Shcherbakov
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 528.28 mm | 528.28 mm | 528.28 mm | 528.28 mm | 528.28 mm | 528.28 mm |
Cash burn (monthly) | 14.93 mm | 28.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 88.82 mm | 169.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | 439.46 mm | 359.22 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 29.4 | 12.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 299 |
Opened positions | 35 |
Closed positions | 56 |
Increased positions | 94 |
Reduced positions | 115 |
13F shares | Current |
---|---|
Total value | 2.68 tn |
Total shares | 48.95 mm |
Total puts | 65.30 k |
Total calls | 130.60 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Valentin Gapontsev Trust I | 14.35 mm | $2.33 bn |
Ip Fibre Devices | 6.91 mm | $1.12 bn |
First Eagle Investment Management | 4.26 mm | $432.64 bn |
Vanguard | 3.04 mm | $308.59 bn |
BLK Blackrock | 2.78 mm | $282.08 bn |
Lazard Asset Management | 1.01 mm | $102.52 mm |
CMTDF Sumitomo Mitsui Trust | 943.58 k | $95.81 bn |
STT State Street | 872.79 k | $88.62 bn |
IVZ Invesco | 836.79 k | $84.97 bn |
Dimensional Fund Advisors | 781.55 k | $79.36 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Valentin Gapontsev Trust I | Common Stock | Sell | Dispose S | No | Yes | 90 | 1,962 | 176.58 k | 7,209,599 |
25 Mar 24 | Valentin Gapontsev Trust I | Common Stock | Sell | Dispose S | No | Yes | 89.45 | 8,038 | 719.00 k | 7,211,561 |
7 Mar 24 | Meurice Eric | Common Stock | Sell | Dispose S | No | Yes | 90 | 785 | 70.65 k | 16,491 |
7 Mar 24 | Meurice Eric | Common Stock | Option exercise | Acquire M | No | No | 63.4 | 785 | 49.77 k | 17,276 |
7 Mar 24 | Meurice Eric | Director Stock Option Common Stock | Option exercise | Dispose M | No | No | 63.4 | 785 | 49.77 k | 1,573 |
1 Mar 24 | Thomas J Burgomaster | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 602 | 0.00 | 11,523 |
1 Mar 24 | Thomas J Burgomaster | Common Stock | Grant | Acquire A | No | No | 0 | 273 | 0.00 | 12,125 |
1 Mar 24 | Angelo P Lopresti | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 1,769 | 0.00 | 59,057 |
1 Mar 24 | Angelo P Lopresti | Common Stock | Grant | Acquire A | No | No | 0 | 884 | 0.00 | 60,826 |
1 Mar 24 | Timothy PV Mammen | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 2,121 | 0.00 | 71,580 |
News
Citigroup Downgrades IPG Photonics to Sell, Lowers Price Target to $74
15 Feb 24
Deep Dive Into IPG Photonics Stock: Analyst Perspectives (4 Ratings)
14 Feb 24
Why IPG Photonics Shares Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
13 Feb 24
12 Information Technology Stocks Moving In Tuesday's Intraday Session
13 Feb 24
IPG Photonics Q4 2023 GAAP EPS $0.89 Misses $0.95 Estimate, Sales $298.90M Beat $286.12M Estimate
13 Feb 24