IPG Photonics Corporation (NASDAQ:IPGP) reported Q2 2017 earnings this Morning, coming in at $1.91 per share, beating Wall Street’s estimates of $1.63 per Share. Revenue for the quarter came in at $369.37 million beating analyst estimates of $333.06 million

Analyst Coverage For IPG Photonics Corporation (NASDAQ:IPGP)
These are 3 Hold Ratings, 5 Buy Ratings .
The current consensus rating for IPG Photonics Corporation (NASDAQ:IPGP) is Buy (Score: 2.63) with a consensus target price of $134.00 , a potential (12.21% downside)

Recent Insider Trading for IPG Photonics Corporation (NASDAQ:IPGP)

• On 7/17/2017 Eugene A Shcherbakov, SVP, sold 8,500 with an average share price of $154.28 per share and the total transaction amounting to $1,311,380.00.
• On 6/30/2017 Trevor Ness, SVP, sold 5,000 with an average share price of $145.69 per share and the total transaction amounting to $728,450.00.
• On 6/5/2017 Thomas J Seifert, Director, sold 2,849 with an average share price of $141.47 per share and the total transaction amounting to $403,048.03.
• On 5/11/2017 Angelo P Lopresti, SVP, sold 4,626 with an average share price of $138.00 per share and the total transaction amounting to $638,388.00.
• On 5/10/2017 Valentin Gapontsev Trust I, Major Shareholder, sold 23,800 with an average share price of $135.40 per share and the total transaction amounting to $3,222,520.00.
• On 5/2/2017 Valentin Gapontsev Trust I, Major Shareholder, sold 200 with an average share price of $140.00 per share and the total transaction amounting to $28,000.00.

Dividend History for IPG Photonics Corporation (NASDAQ:IPGP)

• On 12/12/2012 announced a special dividend of $0.65 with an ex dividend date of 12/19/2012 which will be payable on 12/21/2012.

Recent Trading for IPG Photonics Corporation (NASDAQ:IPGP)
Shares of IPG Photonics Corporation closed the previous trading session at 165.04 up +12.40 8.12% with 519,200 shares trading hands.