Lanark Financial 13F: Exits IPG Photonics (IPGP) Stake

In a filing on October 26, 2026, Lanark Financial sold out of its entire position in IPG Photonics Corporation (IPGP), cutting 8,763 shares valued at approximately $634,000. This move is part of the fund's latest Form 13F filing with the SEC, which reflects changes in its investment strategy during the quarter.

IPGP IPG Photonics Corporation

$72.81 ▼ -2.71% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Lanark Financial's IPG Position

Lanark Financial's stake in IPG Photonics fell to zero shares after this sale, representing a 100% decrease. The fund no longer holds any shares in the semiconductor equipment and materials company, which specializes in fiber lasers and laser-based systems.

Where IPG Photonics Fits in Lanark Financial's Portfolio

Prior to this sale, IPG Photonics represented a small part of Lanark Financial's portfolio, which had a total reported value of approximately $273.3 million.

Other Institutional Activity in IPG Photonics

First Eagle Investment Management cut its stake by 1,254,434 shares, leaving it with 3,338,881 shares valued at about $243.1 million. Victory Capital Management grew its holdings by 1,311,457 shares, bringing its total to 1,315,485 shares worth around $95.8 million. Lazard Asset Management also adjusted its position, adding 53,327 shares for a total of 1,427,735 shares valued at approximately $104 million.

IPG Photonics Corporation Stock Up 2.4%

As of October 27, 2026, IPG Photonics traded recently around $72.81, which is significantly below its 50-day moving average of $76.83 and its 200-day moving average of $101.30. The stock is also about 53.3% lower than its 52-week high of $155.82, suggesting potential challenges for the company.

Recent Earnings

IPG Photonics reported trailing twelve-month revenue of approximately $1.07 billion, with a net margin of 2.6%. The company is expected to announce its next earnings report on November 3, 2026.

Insider Buying and Selling at IPG Photonics Corporation

Before this filing, several insiders made transactions. Director John R. Peeler bought 2,710 shares for about $199,400 on August 26, 2026. Meanwhile, Valentin Gapontsev Trust I sold 27,397 shares, valued at approximately $2.07 million, on September 2, 2026.

Analysts Set New Price Targets

Analysts have a generally favorable outlook on IPG Photonics. On July 17, 2026, Needham maintained a "Buy" rating with a price target of $120.00, while Citigroup also maintained a "Buy" rating with a target of $137.00 on August 11, 2026. The consensus price target among analysts is $124.14, reflecting a potential upside from the current trading price.

About IPG Photonics

IPG Photonics Corporation develops and sells fiber lasers and related products used in various industries, including materials processing and medical applications. The company's recent stock performance and institutional activity highlight ongoing investor interest despite current market challenges.

Bottom Line

Investors should keep an eye on the upcoming earnings report on November 3, 2026, to assess IPG Photonics' financial health. The recent institutional activity, including Lanark Financial's exit, suggests a dynamic market environment for the company.