Legal & General Group Plc Purchases 15,670 Shares of IPG Photonics Corporation $IPGP
Legal & General Group Plc increased its stake in IPG Photonics Corporation by 8.5% in the fourth quarter, purchasing an additional 15,670 shares and now owning 199,766 shares valued at approximately $14.3 million. Wall Street analysts have a "Moderate Buy" rating for IPG Photonics with an average target price of $135.50. The company reported Q1 earnings of $0.29 per share, missing expectations, but revenue of $265.5 million exceeded forecasts and grew 16.5% year-over-year.
https://www.marketbeat.com/instant-alerts/filing-legal-general-group-plc-purchases-15670-shares-of-ipg-photonics-corporation-ipgp-2026-06-03/