IPG Photonics (IPGP)’s Stock Insider Sale – Angelo Lopresti Unloaded 9,500 Shares; Rutabaga Capital Management Has Decreased By $4.72 Million Its Qad (QADA) Stake

The insider, and Ipg Photonics Corp’s SVP – Secretary & Gen Counsel, Angelo Lopresti, sold 9,500 company shares on 17/01/2018, valued by the stock market at $2,484,155 (at $261.5 for share). The stocks unloading was performed on 17/01/2018 and was made public in a report at the U.S. Security & Exchange Commission’s website. At the moment, Angelo Lopresti owns 37,265 shares which make up roughly 10%+ of Ipg Photonics Corp’s total market cap.

Rutabaga Capital Management Llc decreased Qad Inc (QADA) stake by 47.64% reported in 2017Q3 SEC filing. Rutabaga Capital Management Llc sold 138,682 shares as Qad Inc (QADA)’s stock rose 2.91%. The Rutabaga Capital Management Llc holds 152,401 shares with $5.24M value, down from 291,083 last quarter. Qad Inc now has $778.84 million valuation. The stock increased 3.19% or $1.3 during the last trading session, reaching $42. About 41,226 shares traded or 6.23% up from the average. QAD Inc. (NASDAQ:QADA) has risen 57.33% since January 17, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Analysts await QAD Inc. (NASDAQ:QADA) to report earnings on March, 8. They expect $-0.01 EPS, down 116.67% or $0.07 from last year’s $0.06 per share. After $-0.01 actual EPS reported by QAD Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 3 analysts covering QAD (NASDAQ:QADA), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. QAD had 11 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, September 20 with “Buy”. The stock of QAD Inc. (NASDAQ:QADA) earned “Buy” rating by Stifel Nicolaus on Wednesday, November 22. Benchmark maintained the stock with “Buy” rating in Wednesday, November 23 report. The rating was maintained by William Blair with “Outperform” on Friday, August 28. The firm has “Buy” rating by Benchmark given on Friday, August 26. Zacks upgraded it to “Hold” rating and $28 target in Tuesday, September 1 report. As per Tuesday, November 21, the company rating was maintained by Canaccord Genuity. Canaccord Genuity maintained QAD Inc. (NASDAQ:QADA) rating on Monday, August 28. Canaccord Genuity has “Buy” rating and $36 target. As per Friday, May 26, the company rating was maintained by Canaccord Genuity. Stifel Nicolaus maintained QAD Inc. (NASDAQ:QADA) on Friday, August 25 with “Buy” rating.

Rutabaga Capital Management Llc increased Varex Imaging Corporation stake by 15,400 shares to 597,581 valued at $20.22M in 2017Q3. It also upped Mistras Group Inc. (NYSE:MG) stake by 31,453 shares and now owns 765,071 shares. Nci Building Systems Inc (NYSE:NCS) was raised too.

Among 12 analysts covering IPG Photonics (NASDAQ:IPGP), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. IPG Photonics has $230.0 highest and $80 lowest target. $165.38’s average target is -36.62% below currents $260.95 stock price. IPG Photonics had 31 analyst reports since September 15, 2015 according to SRatingsIntel. The company was initiated on Wednesday, May 11 by FBR Capital. The rating was downgraded by Dougherty & Company to “Neutral” on Thursday, April 28. Canaccord Genuity maintained IPG Photonics Corporation (NASDAQ:IPGP) rating on Tuesday, August 1. Canaccord Genuity has “Hold” rating and $16200 target. The firm has “Outperform” rating given on Wednesday, November 11 by FBR Capital. The firm has “Buy” rating given on Monday, September 21 by DA Davidson. The rating was maintained by Canaccord Genuity with “Buy” on Friday, June 16. On Monday, January 30 the stock rating was maintained by Benchmark with “Buy”. On Tuesday, June 20 the stock rating was maintained by Needham with “Buy”. The firm earned “Market Perform” rating on Friday, April 15 by Raymond James. The firm has “Buy” rating given on Wednesday, August 2 by Benchmark.

IPG Photonics Corporation develops and makes a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications, primarily in materials processing worldwide. The company has market cap of $13.99 billion. The company's laser products include low, medium, and high power lasers; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; laser diode chips and packaged laser diodes; and high power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It has a 38.36 P/E ratio. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks, such as fiber to the home, fiber to the curb, passive optical networks, and dense wavelength division multiplexing networks; ytterbium and thulium specialty fiber amplifiers and broadband light sources; and single-frequency, linearly polarized, and polarization-maintaining versions of its amplifier products.

Analysts await IPG Photonics Corporation (NASDAQ:IPGP) to report earnings on February, 13. They expect $1.70 EPS, up 22.30% or $0.31 from last year’s $1.39 per share. IPGP’s profit will be $91.15M for 38.38 P/E if the $1.70 EPS becomes a reality. After $2.11 actual EPS reported by IPG Photonics Corporation for the previous quarter, Wall Street now forecasts -19.43% negative EPS growth.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.24, from 1.26 in 2017Q2. It dived, as 30 investors sold IPG Photonics Corporation shares while 137 reduced holdings. 73 funds opened positions while 98 raised stakes. 30.67 million shares or 0.23% more from 30.60 million shares in 2017Q2 were reported. Regions owns 1,158 shares for 0% of their portfolio. Arrowstreet Capital Lp holds 0.04% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP) for 87,700 shares. Tiaa Cref Mgmt Lc invested in 0.01% or 118,713 shares. Wasatch Advsrs holds 0.04% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP) for 14,359 shares. South Dakota Council owns 10,362 shares or 0.04% of their US portfolio. Moreover, Essex Management Lc has 0.44% invested in IPG Photonics Corporation (NASDAQ:IPGP). Oakbrook Limited Company has invested 0.03% in IPG Photonics Corporation (NASDAQ:IPGP). Oregon Pub Employees Retirement Fund stated it has 13,853 shares or 0.04% of all its holdings. 2,605 were reported by M&T National Bank & Trust. Savings Bank Of Ny Mellon Corporation has 0.03% invested in IPG Photonics Corporation (NASDAQ:IPGP) for 569,115 shares. 3,532 are held by Prentiss Smith & Inc. Mitchell Cap owns 41,875 shares or 2.83% of their US portfolio. Origin Asset Mgmt Ltd Liability Partnership reported 67,800 shares. Dupont Management Corp, Delaware-based fund reported 4,970 shares. Bollard Grp Limited Liability Company has invested 0% in IPG Photonics Corporation (NASDAQ:IPGP).