
IPG Photonics Corporation (NASDAQ:IPGP) Receives Average Recommendation of "Moderate Buy" from Analysts

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IPG Photonics (NASDAQ: IPGP) holds a consensus 'Moderate Buy' rating from nine analysts, with an average 1-year price target of $135.50. Recent analyst actions include upgrades by Needham and Roth MKM, while Zacks and Wall Street Zen downgraded the stock. Insider selling occurred in May and June, with major shareholder Fibre Devices Ltd and CFO Timothy Mammen reducing holdings. Meanwhile, several hedge funds significantly increased their positions in Q4, bringing institutional ownership to 93.79%.
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