IPG Photonics (NASDAQ:IPGP) Director Eugene Scherbakov Sells 2,700 Shares

Market Beat
2025.12.30 10:02
portai
I'm PortAI, I can summarize articles.

IPG Photonics Director Eugene Scherbakov sold 2,700 shares at $74.44, totaling $200,988, reducing his stake by 4.17%. Following this, he owns 62,030 shares valued at approximately $4.6 million. Meanwhile, Fibre Devices Ltd sold 12,785 shares, reducing its ownership by 0.19%. IPG shares fell about 3%, with a market cap of $3.07 billion and a P/E ratio of 119.5. Analysts maintain a "Moderate Buy" rating with a target of $89.33, following a quarterly earnings beat and guidance for Q4 2025 of $0.05–$0.35 EPS.