Subscribe

IPG Photonics Corporation (IPGP)

USD104.73 -3.00 (-2.78%)
US NASDAQ S&P 500 Technology Semiconductors
Address 50 Old Webster Road 1540
Marlborough, MA, US
CEO Mark Milton Gitin
IPO 2006-12-13
CIK 1111928 ISIN US44980X1090

Explore sections of this company profile

Also trades on London Stock Exchange · 0J86.L (USD) NASDAQ Global Select · IPGP (USD)
Description

Established in 1990 and headquartered in Oxford, Massachusetts, IPG Photonics Corporation is a leading global developer and manufacturer of high-performance fiber, diode, and hybrid fiber-solid state lasers, along with fiber amplifiers. These advanced laser systems are primarily utilized across a wide range of materials processing applications worldwide. The company's extensive product portfolio encompasses a diverse array of laser types, including hybrid fiber-solid state lasers (offering green and UV wavelengths), fiber-pigtailed packaged diodes, fiber-coupled direct diode systems, high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization/single-frequency models. Complementing these are essential accessories such as high-power optical fiber delivery cables, couplers, beam switches, chillers, and scanners. IPG Photonics also offers a comprehensive range of fiber amplifiers, including erbium-doped, Raman, ytterbium, and thulium specialty types, alongside broadband light sources, which are crucial for integrated communication systems and broadband networks. Furthermore, the company develops integrated laser systems for specialized tasks, such as 2D compact flat sheet cutting, multi-axis operations, precision welding (e.g., the welding seam stepper and picker), and other high-precision or bespoke laser applications. It extends its offerings to optical transceiver and transponder modules, critical for interconnecting electronic equipment like Ethernet switches, IP routers, and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operator, and data center networking environments. Beyond materials processing, IPG Photonics' innovative lasers and amplifiers find diverse utility in communications, medical technology, and various other cutting-edge fields. The company markets its products to a broad customer base, including original equipment manufacturers (OEMs), system integrators, and direct end-users, leveraging its dedicated direct sales force alongside a global network of independent sales representatives and distributors.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Index membership

IndexAddedRemovedStatus
S&P 500 2018-03-06 Active
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
USD104.73 -3.00 (-2.78%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
533.4K
Beta
0.95
Float Shares
27.26M
Free Float %
64.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.84% +0.35% -19.41% -31.71% +20.49% +43.31% +58.32% -7.17% -45.27% +23.34% +300.82%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (27 ratings, all time) Buy
Price Targets & DCF
Current price
104.73
Low 110.00 +5.0%
Consensus 141.25 +34.9%
Median 137.50 +31.3%
High 180.00 +71.9%
DCF (Unlevered) 44.29 -57.7%
DCF (Levered) 41.86 -60.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 56% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 4 0
Hold 3 0
Sell 0 0
Strong Sell 1 0
Price Target Summary
Period # Analysts Avg Target
Last Month 1
110.00
+5.0%
Last Quarter 3
151.67
+44.8%
Last Year 6
125.50
+19.8%
All Time 10
114.70
+9.5%
Quality scores
Altman Z-Score
10.95
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
1 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Semiconductors: +12.5%
    +2.7% Q1'26: +16.6% (vs Q1'25)
  • EPS growth Semiconductors: +22.5%
    +117.9% Q1'26: -54.4% (vs Q1'25)
  • FCF margin FCF growth · Semiconductors: +38.2%
    -5.4% Q1'26: -8.2% (vs Q1'25)
  • EBIT margin Semiconductors: +10.7%
    +4.5% Q1'26: -2.9% (vs Q1'25)
  • ROIC Semiconductors: +6.0%
    +2.4% Q1'26: -2.3% (vs Q1'25)
  • Share dilution Semiconductors: +0.0%
    -3.8% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Semiconductors: -0.75×
    0.00× Q1'26: -0.53× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.98) × ERP
WACC = 100% × Ke + 0% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 43.94 Current price: 104.73
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
7 Rev. Ana.
6 EPS Ana.
Dec 2027
7 Rev. Ana.
6 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
299.26M
est: 248.93M (+20.2%)
474.48M
est: 448.53M (+5.8%)
562.53M
est: 555.86M (+1.2%)
648.03M
est: 668.58M (-3.1%)
769.83M
est: 734.25M (+4.8%)
901.27M
est: 901.15M (+0.0%)
1.01B
est: 999.00M (+0.7%)
1.41B
est: 1.39B (+1.1%)
1.46B
est: 1.44B (+1.2%)
1.31B
est: 1.29B (+1.6%)
1.20B
est: 1.18B (+1.9%)
1.46B
est: 1.45B (+0.6%)
1.43B
est: 1.42B (+1.0%)
1.29B
est: 1.11B (+16.0%)
977.13M
est: 971.04M (+0.6%)
1.00B
est: 979.46M (+2.5%)
1.11B
1.08B – 1.15B
+13.8% YoY
1.21B
1.17B – 1.27B
+8.5% YoY
1.39B
1.39B – 1.39B
+14.5% YoY
1.47B
1.43B – 1.52B
+6.0% YoY
EBITDA
101.40M
est: 83.00M (+22.2%)
196.62M
est: 183.98M (+6.9%)
236.39M
est: 228.50M (+3.5%)
252.21M
est: 256.79M (-1.8%)
312.75M
est: 303.92M (+2.9%)
381.90M
est: 369.46M (+3.4%)
420.28M
est: 414.12M (+1.5%)
630.14M
est: 531.47M (+18.6%)
597.53M
est: 607.64M (-1.7%)
387.14M
est: 391.32M (-1.1%)
326.06M
est: 338.99M (-3.8%)
449.09M
est: 444.92M (+0.9%)
321.97M
est: 429.88M (-25.1%)
301.19M
est: 212.18M (+41.9%)
75.92M
est: 185.62M (-59.1%)
111.95M
est: 187.23M (-40.2%)
213.13M
207.37M – 218.89M
+13.8% YoY
231.24M
223.53M – 242.80M
+8.5% YoY
264.81M
264.81M – 264.81M
+14.5% YoY
280.61M
273.20M – 291.24M
+6.0% YoY
EBIT
79.55M
est: 67.01M (+18.7%)
172.66M
est: 164.81M (+4.8%)
210.25M
est: 204.76M (+2.7%)
220.68M
est: 224.13M (-1.5%)
277.14M
est: 269.40M (+2.9%)
339.48M
est: 328.93M (+3.2%)
368.81M
est: 360.77M (+2.2%)
565.57M
est: 475.05M (+19.1%)
517.26M
est: 517.31M (0.0%)
290.87M
est: 250.77M (+16.0%)
231.51M
est: 223.56M (+3.6%)
352.76M
est: 352.70M (+0.0%)
231.40M
est: 335.17M (-31.0%)
231.57M
est: 142.73M (+62.2%)
14.48M
est: 124.87M (-88.4%)
45.10M
est: 125.95M (-64.2%)
143.37M
139.49M – 147.24M
+13.8% YoY
155.55M
150.37M – 163.33M
+8.5% YoY
178.13M
178.13M – 178.13M
+14.5% YoY
188.76M
183.78M – 195.91M
+6.0% YoY
Net Income
53.99M
est: 45.20M (+19.4%)
117.76M
est: 110.59M (+6.5%)
145.00M
est: 142.45M (+1.8%)
155.78M
est: 160.17M (-2.7%)
200.45M
est: 190.29M (+5.3%)
242.15M
est: 232.86M (+4.0%)
260.75M
est: 258.13M (+1.0%)
347.61M
est: 296.50M (+17.2%)
404.03M
est: 399.48M (+1.1%)
180.23M
est: 189.47M (-4.9%)
159.57M
est: 180.11M (-11.4%)
278.42M
est: 266.89M (+4.3%)
109.91M
est: 255.03M (-56.9%)
218.88M
est: 130.95M (+67.1%)
-181.53M
est: -173.87M (-4.4%)
31.10M
est: 26.27M (+18.4%)
58.45M
49.53M – 75.31M
+122.5% YoY
93.49M
75.36M – 135.96M
+60.0% YoY
132.77M
117.06M – 148.89M
+42.0% YoY
180.39M
174.20M – 189.27M
+35.9% YoY
SGA
47.75M
est: 36.74M (+30.0%)
59.17M
est: 55.60M (+6.4%)
63.08M
est: 62.21M (+1.4%)
77.56M
est: 79.87M (-2.9%)
85.98M
est: 81.78M (+5.1%)
89.06M
est: 85.64M (+4.0%)
104.88M
est: 104.03M (+0.8%)
130.47M
est: 112.51M (+16.0%)
160.24M
est: 158.57M (+1.1%)
185.34M
est: 234.91M (-21.1%)
180.59M
est: 206.58M (-12.6%)
204.06M
est: 195.79M (+4.2%)
207.90M
est: 200.21M (+3.8%)
211.43M
est: 201.64M (+4.9%)
213.90M
est: 176.40M (+21.3%)
241.00M
est: 177.93M (+35.4%)
202.54M
197.07M – 208.02M
+13.8% YoY
219.75M
212.43M – 230.74M
+8.5% YoY
251.66M
251.66M – 251.66M
+14.5% YoY
266.67M
259.63M – 276.77M
+6.0% YoY
EPS
1.16
est: 0.81 (+44.1%)
2.48
est: 2.14 (+15.9%)
2.87
est: 2.73 (+5.1%)
3.02
est: 3.16 (-4.4%)
3.85
est: 3.45 (+11.6%)
4.59
est: 4.49 (+2.2%)
4.91
est: 4.79 (+2.5%)
6.50
est: 7.12 (-8.7%)
7.55
est: 7.38 (+2.3%)
3.40
est: 4.23 (-19.6%)
3.00
est: 3.07 (-2.4%)
5.21
est: 5.15 (+1.2%)
2.17
est: 4.69 (-53.8%)
4.64
est: 3.05 (+52.3%)
-4.09
est: -4.08 (-0.3%)
0.73
est: 0.62 (+18.5%)
1.31
1.16 – 1.77
+113.1% YoY
2.20
1.77 – 3.19
+67.2% YoY
3.12
2.74 – 3.49
+42.0% YoY
4.23
4.08 – 4.44
+35.7% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-06 Needham Hold Buy Upgrade
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 3/5 2/5 3/5 4/5 1/5 3/5
2026-05-08 B 3/5 3/5 2/5 3/5 4/5 1/5 4/5
2026-05-07 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-06 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-05 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-04 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-01 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-30 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-29 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-28 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-27 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-24 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-23 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-22 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-21 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-20 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-17 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-16 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-04-15 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
29.46M
OE per share TTM
0.69
Owner's Yield
0.68%
Maintenance CapEx ratio
134.45%
Maint CapEx / Avg PPE
48.9%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
89
Total invested
274.96M
Insider transactions (90d)
0
Beneficial owners (>5%)
27
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Alexander Ovtchinnikov, individually and as trustee of The Valentin Gapontsev Trust I 16.77M 32.14% 58.8K 16.72M 58.8K 10.00 IN United States and Russia 2015-02-11
2 Angelo P. Lopresti, individually and as trustee of The Valentin Gapontsev Trust I 16.77M 32.13% 54.7K 16.72M 54.7K 10.00 IN United States 2015-02-11
3 Eugene Scherbakov, individually and as trustee of The Valentin Gapontsev Trust I 16.74M 32.07% 25.6K 16.72M 25.6K 10.00 IN United States and Russia 2015-02-11
4 Nikolai Platonov, individually and as trustee of The Valentin Gapontsev Trust I 15.74M 30.16% 6.4K 15.73M 6.4K 10.00 IN United States and Russia 2015-02-11
5 The Valentin Gapontsev Trust I 14.79M 28.34% 14.79M 10.00 OO Massachusetts 2015-02-11
6 Dr. Valentin P. Gapontsev 7.31M 13.70% 298.6K 7.01M 298.6K 7.01M IN United States of America and Russian Federation 2021-02-16
7 Dr. Eugene Scherbakov 7.00M 13.10% 7.00M 7.00M 10.00 IN Russian Federation 2021-11-01
8 IP Fibre Devices (UK) Ltd. 6.91M 12.90% 6.91M 6.91M CO United Kingdom 2021-11-01
9 Andrew A. Ziegler 4.41M 8.60% 4.18M 4.41M IN Delaware 2013-02-06
10 Artisan Investment Corporation 4.41M 8.60% 4.18M 4.41M HC Delaware 2013-02-06
11 Carlene M. Ziegler 4.41M 8.60% 4.18M 4.41M IN Delaware 2013-02-06
12 ZFIC, Inc. 4.41M 8.60% 4.18M 4.41M HC Delaware 2013-02-06
13 First Eagle Investment Management, LLC 4.33M 8.88% IA State of Delaware 2023-02-09
14 04-3519872 4.18M 8.10% 3.74M 4.18M IA Delaware 2013-02-14
15 The Vanguard Group - 23-1945930 3.83M 7.18% 55.9K 3.68M 141.6K IA Pennsylvania For 2022-02-10
16 13-4064930 3.40M 6.40% 3.08M 3.40M IA Delaware 2022-02-14
17 T. ROWE PRICE ASSOCIATES, INC. 3.19M 6.10% IA MARYLAND 2014-02-12
18 (1) BlackRock, Inc. 3.15M 6.50% 3.08M 3.15M HC Delaware 2023-02-03
19 36-2692100 2.78M 5.40% 2.78M 2.78M IV Delaware 2013-02-14
20 2 2.60M 5.10% 2.40M 2.60M IA Delaware 2014-02-06
21 Artisan Investments GP LLC 1.40M 2.70% 1.29M 1.40M HC Delaware 2015-01-30
22 Artisan Partners Asset Management Inc. 1.40M 2.70% 1.29M 1.40M HC Delaware 2015-01-30
23 Artisan Partners Holdings LP 1.40M 2.70% 1.29M 1.40M HC Delaware 2015-01-30
24 Artisan Partners Limited Partnership 1.40M 2.70% 1.29M 1.40M IA Delaware 2015-01-30
25 Abigail P. Johnson 119.2K 0.22% 119.2K IN United States of America 2017-11-09
26 FMR LLC 119.2K 0.22% 14.1K 119.2K HC United States of America 2017-11-09
27 Estate of Dr. Valentin P. Gapontsev 0.00% IN United States of America 2021-11-01

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
89
-206 vs prev Q
New positions
19
Closed positions
222
Increased
44
Reduced
24
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 FIRST EAGLE INVESTMENT MANAGEMENT, LLC 4.49M +12.3K (+0.3%) 321.28M -33.1M (-9.3%) 10.63% +0.115 pp 0.57% -0.080 pp USD113.93 -37.2% 30 qtrs
2 VANGUARD GROUP INC 2.80M -31.8K (-1.1%) 200.63M -23.8M (-10.6%) 6.66% -0.006 pp 0.00% -0.001 pp USD103.16 -30.6% 77 qtrs
3 BLACKROCK, INC. 2.46M +43.8K (+1.8%) 175.97M -15.2M (-7.9%) 5.84% +0.164 pp 0.00% 0.000 pp USD74.27 -3.6% 6 qtrs
4 DIMENSIONAL FUND ADVISORS LP 1.82M +59.2K (+3.4%) 129.96M -9.1M (-6.5%) 4.30% +0.174 pp 0.03% -0.003 pp USD83.91 -14.7% 51 qtrs
5 LAZARD ASSET MANAGEMENT LLC 1.77M -17.6K (-1.0%) 126.68M -14.8M (-10.5%) 4.20% +0.002 pp 0.21% +0.024 pp USD76.35 -6.2% 34 qtrs
6 SUMITOMO MITSUI TRUST HOLDINGS, INC. 1.72M -18.9K (-1.1%) 123.47M -14.6M (-10.6%) 4.09% -0.011 pp 0.07% -0.007 pp USD95.68 -25.2% 33 qtrs
7 ALLIANCEBERNSTEIN L.P. 1.36M -23.8K (-1.7%) 97.64M -12.2M (-11.1%) 3.24% -0.022 pp 0.03% -0.004 pp USD65.58 +9.2% 61 qtrs
8 STATE STREET CORP 805.4K +13.1K (+1.7%) 57.67M -5.1M (-8.1%) 1.91% +0.051 pp 0.00% 0.000 pp USD123.14 -41.9% 51 qtrs
9 MORGAN STANLEY 745.2K +94.2K (+14.5%) 53.36M +1.8M (+3.5%) 1.77% +0.240 pp 0.00% +0.000 pp USD86.21 -16.9% 51 qtrs
10 NEUBERGER BERMAN GROUP LLC 709.8K +62.3K (+9.6%) 50.85M -410.8K (-0.8%) 1.69% +0.164 pp 0.04% +0.000 pp USD78.56 -8.9% 49 qtrs
11 AQR CAPITAL MANAGEMENT LLC 698.4K -202.9K (-22.5%) 50.01M -21.1M (-29.7%) 1.66% -0.460 pp 0.03% -0.019 pp USD75.45 -5.1% 63 qtrs
12 M&G PLC 620.8K -16.5K (-2.6%) 44.70M -5.7M (-11.2%) 1.47% -0.027 pp 0.23% -0.038 pp USD74.60 -4.0% 8 qtrs
13 DISCIPLINED GROWTH INVESTORS INC /MN 566.7K +5.2K (+0.9%) 40.58M -3.9M (-8.8%) 1.35% +0.026 pp 0.78% -0.029 pp USD105.96 -32.4% 29 qtrs
14 GEODE CAPITAL MANAGEMENT, LLC 485.2K -4.4K (-0.9%) 34.74M -4.0M (-10.4%) 1.15% +0.002 pp 0.00% 0.000 pp USD129.84 -44.9% 76 qtrs
15 SEGALL BRYANT & HAMILL, LLC 422.5K +422.5K (+100.0%) 30.25M +30.3M (+100.0%) 1.00% +1.004 pp 0.41% +0.410 pp USD71.60 +0.0% 1 qtrs NEW
16 BAILLIE GIFFORD & CO 384.0K -23.3K (-5.7%) 27.49M -4.8M (-14.8%) 0.91% -0.047 pp 0.02% -0.001 pp USD113.91 -37.1% 51 qtrs
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 337.8K -10.8K (-3.1%) 24.19M -3.4M (-12.4%) 0.80% -0.017 pp 0.00% -0.001 pp USD115.95 -38.2% 71 qtrs
18 INVESCO LTD. 288.5K +181.4K (+169.4%) 20.66M +12.2M (+143.6%) 0.69% +0.434 pp 0.00% +0.002 pp USD93.61 -23.5% 57 qtrs
19 EXCHANGE TRADED CONCEPTS, LLC 258.3K +43.0K (+20.0%) 18.49M +1.4M (+8.5%) 0.61% +0.106 pp 0.14% -0.004 pp USD87.74 -18.4% 13 qtrs
20 ALLIANZ ASSET MANAGEMENT GMBH 254.6K +54.4K (+27.2%) 18.23M +2.4M (+15.0%) 0.60% +0.133 pp 0.02% +0.001 pp USD81.38 -12.0% 37 qtrs
21 AMERICAN CAPITAL MANAGEMENT INC 235.6K +121.4K (+106.4%) 16.87M +7.8M (+86.6%) 0.56% +0.291 pp 0.74% +0.384 pp USD75.28 -4.9% 2 qtrs
22 PACIFIC HEIGHTS ASSET MANAGEMENT LLC 225.0K +25.0K (+12.5%) 16.11M +272.0K (+1.7%) 0.53% +0.063 pp 0.60% -0.098 pp USD71.89 -0.4% 53 qtrs
23 BANK OF AMERICA CORP /DE/ 218.9K +25.7K (+13.3%) 15.68M +373.5K (+2.4%) 0.52% +0.066 pp 0.00% +0.000 pp USD85.13 -15.9% 52 qtrs
24 RETIREMENT SYSTEMS OF ALABAMA 213.8K -295.0 (-0.1%) 15.31M -1.6M (-9.7%) 0.51% +0.003 pp 0.05% -0.007 pp USD76.00 -5.8% 45 qtrs
25 EMERALD ADVISERS, LLC 204.1K +52.1K (+34.3%) 14.61M +2.6M (+21.4%) 0.48% +0.126 pp 0.45% +0.064 pp USD77.25 -7.3% 2 qtrs
26 LEGAL & GENERAL GROUP PLC 199.8K +15.7K (+8.5%) 14.30M -275.3K (-1.9%) 0.47% +0.041 pp 0.00% 0.000 pp USD144.78 -50.5% 44 qtrs
27 NORTHERN TRUST CORP 194.9K -18.5K (-8.7%) 13.95M -2.9M (-17.4%) 0.46% -0.039 pp 0.00% 0.000 pp USD98.87 -27.6% 51 qtrs
28 NORGES BANK 176.6K +176.6K (+100.0%) 12.65M +12.6M (+100.0%) 0.42% +0.419 pp 0.00% +0.001 pp USD71.60 +0.0% 1 qtrs NEW
29 CITADEL ADVISORS LLC 171.2K -123.0K (-41.8%) 12.26M -11.0M (-47.4%) 0.41% -0.285 pp 0.00% -0.002 pp USD73.73 -2.9% 27 qtrs
30 ROYCE & ASSOCIATES LP 170.2K -10.2K (-5.6%) 12.18M -2.1M (-14.7%) 0.40% -0.021 pp 0.12% -0.019 pp USD90.15 -20.6% 59 qtrs
31 BANK OF NEW YORK MELLON CORP 152.2K +3.0K (+2.0%) 10.90M -915.4K (-7.7%) 0.36% +0.010 pp 0.00% 0.000 pp USD106.03 -32.5% 66 qtrs
32 BRANDES INVESTMENT PARTNERS, LP 151.1K +10.0K (+7.1%) 10.82M -352.5K (-3.2%) 0.36% +0.027 pp 0.08% -0.007 pp USD73.26 -2.3% 9 qtrs
33 S SQUARED TECHNOLOGY, LLC 143.9K +25.0K (+21.0%) 10.30M +887.4K (+9.4%) 0.34% +0.062 pp 3.99% +0.410 pp USD69.83 +2.5% 4 qtrs
34 JPMORGAN CHASE & CO 138.3K +6.8K (+5.2%) 9.91M -511.7K (-4.9%) 0.33% +0.019 pp 0.00% +0.000 pp USD101.37 -29.4% 51 qtrs
35 RAYMOND JAMES FINANCIAL INC 128.9K +9.9K (+8.3%) 9.23M -196.1K (-2.1%) 0.31% +0.026 pp 0.00% 0.000 pp USD72.83 -1.7% 5 qtrs
36 SYSTEMATIC FINANCIAL MANAGEMENT LP 126.2K -46.0 (0.0%) 9.03M -961.2K (-9.6%) 0.30% +0.002 pp 0.21% -0.030 pp USD97.95 -26.9% 10 qtrs
37 EMERALD MUTUAL FUND ADVISERS TRUST 122.2K +38.3K (+45.7%) 8.75M +2.1M (+31.7%) 0.29% +0.092 pp 0.43% +0.083 pp USD76.81 -6.8% 2 qtrs
38 QUANTINNO CAPITAL MANAGEMENT LP 110.3K +9.3K (+9.2%) 7.90M -102.8K (-1.3%) 0.26% +0.025 pp 0.02% -0.006 pp USD73.03 -2.0% 11 qtrs
39 LHM, INC. 108.1K -11.3K (-9.4%) 7.74M -1.7M (-18.1%) 0.26% -0.024 pp 2.88% -0.247 pp USD79.33 -9.7% 9 qtrs
40 D. E. SHAW & CO., INC. 98.6K -27.1K (-21.5%) 7.06M -2.9M (-29.1%) 0.23% -0.061 pp 0.00% -0.002 pp USD97.14 -26.3% 18 qtrs
41 SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI 96.6K +12.0K (+14.2%) 6.92M +218.6K (+3.3%) 0.23% +0.030 pp 0.50% +0.002 pp USD105.04 -31.8% 42 qtrs
42 FULLER & THALER ASSET MANAGEMENT, INC. 94.7K +32.9K (+53.4%) 6.78M +1.9M (+38.7%) 0.22% +0.079 pp 0.02% +0.006 pp USD74.83 -4.3% 14 qtrs
43 JACOBS LEVY EQUITY MANAGEMENT, INC 89.5K -45.3K (-33.6%) 6.41M -4.3M (-40.0%) 0.21% -0.104 pp 0.02% -0.018 pp USD63.14 +13.4% 4 qtrs
44 INTECH INVESTMENT MANAGEMENT LLC 89.1K +89.1K (+100.0%) 6.38M +6.4M (+100.0%) 0.21% +0.211 pp 0.06% +0.057 pp USD71.60 +0.0% 1 qtrs NEW
45 WESTPORT ASSET MANAGEMENT INC 77.5K +— (+0.0%) 6.14M +— (+0.0%) 0.18% +0.002 pp 2.56% +0.001 pp USD99.08 -27.7% 37 qtrs
46 AMERICAN CENTURY COMPANIES INC 82.7K -123.6K (-59.9%) 5.92M -10.4M (-63.7%) 0.20% -0.288 pp 0.00% -0.005 pp USD69.86 +2.5% 23 qtrs
47 UBS GROUP AG 76.8K -14.3K (-15.7%) 5.50M -1.7M (-23.8%) 0.18% -0.032 pp 0.00% 0.000 pp USD72.59 -1.4% 45 qtrs
48 UBS ASSET MANAGEMENT AMERICAS INC 72.1K -4.0K (-5.3%) 5.16M -867.6K (-14.4%) 0.17% -0.008 pp 0.00% 0.000 pp USD111.90 -36.0% 54 qtrs
49 PINNACLE ASSOCIATES LTD 66.2K -4.3K (-6.1%) 4.74M -844.2K (-15.1%) 0.16% -0.009 pp 0.06% -0.013 pp USD73.68 -2.8% 9 qtrs
50 RHUMBLINE ADVISERS 65.1K -2.8K (-4.1%) 4.66M -713.1K (-13.3%) 0.15% -0.005 pp 0.00% -0.001 pp USD102.29 -30.0% 51 qtrs
51 AMERIPRISE FINANCIAL INC 64.6K +37.6K (+139.1%) 4.62M +2.5M (+116.2%) 0.15% +0.090 pp 0.00% +0.001 pp USD80.21 -10.7% 55 qtrs
52 VOLORIDGE INVESTMENT MANAGEMENT, LLC 59.5K +15.1K (+33.9%) 4.26M +742.9K (+21.1%) 0.14% +0.037 pp 0.02% +0.003 pp USD74.19 -3.5% 10 qtrs
53 PRINCIPAL FINANCIAL GROUP INC 54.3K -1.9K (-3.5%) 3.89M -566.5K (-12.7%) 0.13% -0.004 pp 0.00% 0.000 pp USD97.17 -26.3% 52 qtrs
54 QSM ASSET MANAGEMENT LTD 51.8K +— (+0.0%) 3.71M -347.3K (-8.6%) 0.12% +0.001 pp 2.12% -0.775 pp USD73.80 -3.0% 3 qtrs
55 SWISS NATIONAL BANK 50.0K +500.0 (+1.0%) 3.58M -339.9K (-8.7%) 0.12% +0.002 pp 0.00% 0.000 pp USD143.98 -50.3% 51 qtrs
56 ASSENAGON ASSET MANAGEMENT S.A. 48.0K +48.0K (+100.0%) 3.44M +3.4M (+100.0%) 0.11% +0.114 pp 0.00% +0.005 pp USD71.60 +0.0% 1 qtrs NEW
57 GOLDMAN SACHS GROUP INC 45.0K -6.5K (-12.6%) 3.22M -853.5K (-21.0%) 0.11% -0.014 pp 0.00% 0.000 pp USD76.79 -6.8% 72 qtrs
58 ENVESTNET ASSET MANAGEMENT INC 44.2K +1.9K (+4.5%) 3.16M -183.8K (-5.5%) 0.10% +0.006 pp 0.00% +0.000 pp USD94.74 -24.4% 51 qtrs
59 NUVEEN, LLC 42.9K -195.0 (-0.5%) 3.07M -341.4K (-10.0%) 0.10% +0.001 pp 0.00% 0.000 pp USD63.14 +13.4% 4 qtrs
60 CASTLEARK MANAGEMENT LLC 38.7K +38.7K (+100.0%) 2.77M +2.8M (+100.0%) 0.09% +0.092 pp 0.08% +0.081 pp USD71.60 +0.0% 1 qtrs NEW
61 OLD WEST INVESTMENT MANAGEMENT, LLC 38.5K +17.7K (+84.8%) 2.76M +1.1M (+67.1%) 0.09% +0.043 pp 0.49% +0.114 pp USD73.31 -2.3% 3 qtrs
62 WEDGE CAPITAL MANAGEMENT L L P/NC 38.1K -511.0 (-1.3%) 2.73M -329.5K (-10.8%) 0.09% -0.001 pp 0.05% -0.003 pp USD95.24 -24.8% 13 qtrs
63 MAN GROUP PLC 37.5K +19.8K (+111.9%) 2.69M +1.3M (+91.6%) 0.09% +0.048 pp 0.00% +0.002 pp USD84.26 -15.0% 25 qtrs
64 POLAR ASSET MANAGEMENT PARTNERS INC. 37.0K -42.7K (-53.5%) 2.65M -3.7M (-58.0%) 0.09% -0.099 pp 0.03% -0.037 pp USD88.03 -18.7% 14 qtrs
65 RAIFFEISEN BANK INTERNATIONAL AG 35.0K +— (+0.0%) 2.55M -211.4K (-7.7%) 0.08% +0.001 pp 0.03% -0.004 pp USD72.72 -1.5% 5 qtrs
66 SEI INVESTMENTS CO 35.3K +17.5K (+98.9%) 2.53M +1.1M (+79.8%) 0.08% +0.042 pp 0.00% +0.001 pp USD94.49 -24.2% 41 qtrs
67 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 34.6K +3.6K (+11.5%) 2.52M +72.2K (+2.9%) 0.08% +0.009 pp 0.00% 0.000 pp USD77.68 -7.8% 7 qtrs
68 SG AMERICAS SECURITIES, LLC 35.0K +27.6K (+374.5%) 2.51M +1.9M (+329.3%) 0.08% +0.066 pp 0.00% +0.001 pp USD73.20 -2.2% 2 qtrs
69 BALLAST ASSET MANAGEMENT, LP 33.8K -1.1K (-3.2%) 2.42M -345.9K (-12.5%) 0.08% -0.002 pp 1.14% -0.119 pp USD97.72 -26.7% 10 qtrs
70 BARCLAYS PLC 32.1K -6.6K (-17.1%) 2.30M -580.8K (-20.1%) 0.08% -0.015 pp 0.00% 0.000 pp USD90.26 -20.7% 51 qtrs
71 HRT FINANCIAL LP 32.1K -2.5K (-7.3%) 2.30M -442.0K (-16.1%) 0.08% -0.005 pp 0.01% -0.003 pp USD70.96 +0.9% 6 qtrs
72 WATERFRONT WEALTH INC. 26.4K +48.0 (+0.2%) 2.29M +49.0K (+2.2%) 0.06% +0.001 pp 0.43% -0.024 pp USD79.81 -10.3% 10 qtrs
73 RENAISSANCE TECHNOLOGIES LLC 31.3K +31.3K (+100.0%) 2.24M +2.2M (+100.0%) 0.07% +0.074 pp 0.00% +0.004 pp USD71.60 +0.0% 1 qtrs NEW
74 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 30.7K +— (+0.0%) 2.20M -233.1K (-9.6%) 0.07% +0.001 pp 0.00% 0.000 pp USD76.84 -6.8% 51 qtrs
75 GREATMARK INVESTMENT PARTNERS, INC. 30.4K -3.3K (-9.8%) 2.18M -492.0K (-18.4%) 0.07% -0.007 pp 0.26% -0.063 pp USD83.96 -14.7% 15 qtrs
76 RICE HALL JAMES & ASSOCIATES, LLC 29.4K +870.0 (+3.0%) 2.11M -154.4K (-6.8%) 0.07% +0.003 pp 0.12% -0.007 pp USD128.95 -44.5% 11 qtrs
77 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 28.4K -100.0 (-0.4%) 2.04M -224.0K (-9.9%) 0.07% +0.000 pp 0.00% -0.001 pp USD100.25 -28.6% 44 qtrs
78 LOGAN CAPITAL MANAGEMENT INC 26.2K -1.2K (-4.3%) 1.88M -292.7K (-13.5%) 0.06% -0.002 pp 0.08% -0.013 pp USD121.18 -40.9% 36 qtrs
79 JANE STREET GROUP, LLC 26.1K +6.7K (+34.4%) 1.87M +330.6K (+21.5%) 0.06% +0.016 pp 0.00% +0.000 pp USD70.09 +2.2% 34 qtrs
80 BALYASNY ASSET MANAGEMENT L.P. 26.0K +26.0K (+100.0%) 1.86M +1.9M (+100.0%) 0.06% +0.062 pp 0.00% +0.002 pp USD71.60 +0.0% 1 qtrs NEW
81 CITIGROUP INC 25.2K +482.0 (+2.0%) 1.80M -152.9K (-7.8%) 0.06% +0.002 pp 0.00% 0.000 pp USD71.62 0.0% 55 qtrs
82 PRICE T ROWE ASSOCIATES INC /MD/ 25.0K +795.0 (+3.3%) 1.79M -127.0K (-6.6%) 0.06% +0.003 pp 0.00% +0.000 pp USD103.10 -30.6% 58 qtrs
83 PATHSTONE HOLDINGS, LLC 24.9K +458.0 (+1.9%) 1.78M -152.5K (-7.9%) 0.06% +0.002 pp 0.01% -0.001 pp USD75.45 -5.1% 9 qtrs
84 SUMMIT TRAIL ADVISORS, LLC 24.3K +5.0K (+25.6%) 1.74M +208.6K (+13.6%) 0.06% +0.012 pp 0.03% +0.009 pp USD74.74 -4.2% 5 qtrs
85 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 24.2K -2.2K (-8.3%) 1.73M -355.9K (-17.1%) 0.06% -0.005 pp 0.00% 0.000 pp USD82.98 -13.7% 52 qtrs
86 CWM, LLC 23.7K -799.0 (-3.3%) 1.70M -243.0K (-12.5%) 0.06% -0.001 pp 0.00% -0.001 pp USD69.11 +3.6% 17 qtrs
87 VERITION FUND MANAGEMENT LLC 23.7K -11.3K (-32.4%) 1.70M -1.1M (-38.9%) 0.06% -0.026 pp 0.01% -0.005 pp USD71.43 +0.2% 12 qtrs
88 TWO SIGMA INVESTMENTS, LP 23.3K +23.3K (+100.0%) 1.67M +1.7M (+100.0%) 0.06% +0.055 pp 0.00% +0.002 pp USD71.60 +0.0% 1 qtrs NEW
89 TWO SIGMA ADVISERS, LP 22.8K +22.8K (+100.0%) 1.63M +1.6M (+100.0%) 0.05% +0.054 pp 0.00% +0.003 pp USD71.60 +0.0% 1 qtrs NEW
90 HODGES CAPITAL MANAGEMENT INC. 22.6K +22.6K (+100.0%) 1.62M +1.6M (+100.0%) 0.05% +0.054 pp 0.14% +0.139 pp USD71.60 +0.0% 1 qtrs NEW
91 MOTLEY FOOL ASSET MANAGEMENT LLC 22.5K -2.5K (-9.9%) 1.61M -365.1K (-18.5%) 0.05% -0.005 pp 0.06% -0.019 pp USD90.40 -20.8% 10 qtrs
92 FEDERATION DES CAISSES DESJARDINS DU QUEBEC 21.1K -30.0 (-0.1%) 1.51M -162.6K (-9.7%) 0.05% +0.001 pp 0.01% -0.001 pp USD63.78 +12.3% 9 qtrs
93 XTX TOPCO LTD 20.4K +20.4K (+100.0%) 1.46M +1.5M (+100.0%) 0.05% +0.049 pp 0.04% +0.038 pp USD71.60 +0.0% 6 qtrs
94 HSBC HOLDINGS PLC 19.8K +15.8K (+401.1%) 1.43M +1.1M (+359.9%) 0.05% +0.038 pp 0.00% +0.001 pp USD73.11 -2.1% 2 qtrs
95 MANUFACTURERS LIFE INSURANCE COMPANY, THE 18.5K -528.0 (-2.8%) 1.33M -182.6K (-12.1%) 0.04% -0.001 pp 0.00% 0.000 pp USD136.68 -47.6% 51 qtrs
96 MILLENNIUM MANAGEMENT LLC 18.3K -26.6K (-59.3%) 1.31M -2.2M (-63.2%) 0.04% -0.062 pp 0.00% -0.001 pp USD82.77 -13.5% 38 qtrs
97 CAXTON ASSOCIATES LLP 18.3K +— (+0.0%) 1.31M -138.7K (-9.6%) 0.04% +0.001 pp 0.03% -0.009 pp USD66.42 +7.8% 4 qtrs
98 MARSHALL WACE, LLP 18.1K -72.5K (-80.0%) 1.30M -5.9M (-81.9%) 0.04% -0.170 pp 0.00% -0.006 pp USD69.78 +2.6% 5 qtrs
99 ROYAL BANK OF CANADA 18.0K -3.0K (-14.4%) 1.29M -376.0K (-22.6%) 0.04% -0.007 pp 0.00% 0.000 pp USD81.52 -12.2% 51 qtrs
100 RUSSELL INVESTMENTS GROUP, LTD. 17.9K -3.8K (-17.4%) 1.28M -434.6K (-25.3%) 0.04% -0.008 pp 0.00% -0.001 pp USD66.23 +8.1% 37 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.15
Bearish
Ratio by volume
0.18
Bearish
Buys
11
Sells
71
Shares acquired
58.7K
Shares disposed
324.5K
Cash buys
Cash sales
58.00
Net activity
-265,777
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-17 Buttarazzi Mary E. Officer S-Sale D Common Stock 500 116.22 58.1K 4,749 D
2026-03-09 Samartsev Igor Officer 0 0.00 0
2026-03-01 Samartsev Igor Officer F-InKind D Common Stock 836 131.57 110.0K 10,449 D
2026-03-01 SCHERBAKOV EUGENE A Director / 10% Owner F-InKind D Common Stock 7,237 131.57 952.2K 51,258 D
2026-03-01 Ness Trevor Officer F-InKind D Common Stock 3,402 131.57 447.6K 38,425 D
2026-03-01 Mammen Timothy PV Officer F-InKind D Common Stock 4,310 131.57 567.1K 86,413 D
2026-03-01 Lopresti Angelo P Officer / 10% Owner F-InKind D Common Stock 3,848 131.57 506.3K 60,841 D
2026-03-01 Gitin Mark Milton Director / Officer F-InKind D Common Stock 7,603 131.57 1.00M 91,873 D
2026-03-01 Buttarazzi Mary E. Officer F-InKind D Common Stock 435 131.57 57.2K 5,249 D
2026-02-24 SCHERBAKOV EUGENE A Director / 10% Owner S-Sale D Common Stock 600 139.95 84.0K 58,495 D
2026-02-24 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 100 135.28 13.5K 6,530,522 D
2026-02-23 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 4,241 131.41 557.3K 6,559,761 D
2026-02-20 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 5,484 132.94 729.0K 6,564,002 D
2026-02-19 Samartsev Igor Officer 0 0.00 0
2026-02-18 Samartsev Igor Officer A-Award A Common Stock 1,688 0.00 1,688 D
2026-02-18 Ness Trevor Officer A-Award A Common Stock 4,621 0.00 41,827 D
2026-02-18 Mammen Timothy PV Officer A-Award A Common Stock 6,146 0.00 90,723 D
2026-02-18 Lopresti Angelo P Officer / 10% Owner A-Award A Common Stock 4,465 0.00 64,689 D
2026-02-18 Gitin Mark Milton Director / Officer A-Award A Common Stock 19,887 0.00 99,476 D
2026-02-18 Buttarazzi Mary E. Officer A-Award A Common Stock 1,789 0.00 5,684 D
2026-02-18 Bucher Paulus Officer A-Award A Common Stock 2,531 0.00 6,716 D
2026-02-17 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 1,393 136.89 190.7K 6,730,262 D
2026-02-17 Samartsev Igor Officer M-Exempt D Employee Stock Option (right to buy) 3,363 81.89 275.4K 0 D
2026-02-13 SCHERBAKOV EUGENE A Director / 10% Owner F-InKind D Common Stock 5,727 153.91 881.4K 61,195 D
2026-02-12 Lopresti Angelo P Officer / 10% Owner M-Exempt A Common Stock 5,861 81.89 480.0K 64,246 D
2026-02-02 Meurice Eric Director M-Exempt A Common Stock 750 87.87 65.9K 23,553 D
2026-01-21 SCHERBAKOV EUGENE A Director / 10% Owner S-Sale D Common Stock 93 79.33 7.4K 61,937 D
2026-01-21 Lopresti Angelo P Officer / 10% Owner S-Sale D Common Stock 1,500 85.00 127.5K 58,385 D
2026-01-21 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 12,075 81.65 985.9K 6,593,169 D
2026-01-20 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 13,960 80.43 1.12M 6,606,550 D
2026-01-16 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 14,511 79.54 1.15M 6,642,825 D
2026-01-15 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 571 79.38 45.3K 6,800,480 D
2026-01-14 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 3,667 77.19 283.1K 6,814,910 D
2026-01-13 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 16,752 76.71 1.29M 6,824,854 D
2026-01-12 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 16,065 76.20 1.22M 6,843,534 D
2025-12-24 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 2,225 75.11 167.1K 6,657,336 D
2025-12-23 SCHERBAKOV EUGENE A Director / 10% Owner S-Sale D Common Stock 2,655 74.43 197.6K 62,075 D
2025-12-23 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 28,405 74.62 2.12M 6,670,161 D
2025-12-22 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 7 76.69 536.83 6,698,566 D
2025-12-16 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 12,160 77.44 941.7K 6,861,011 D
2025-12-15 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 39,384 77.63 3.06M 6,886,715 D
2025-12-09 Lopresti Angelo P Officer / 10% Owner S-Sale D Common Stock 1,500 85.07 127.6K 59,885 D
2025-11-25 Agnes Tang Director S-Sale D Common Stock 1,781 76.72 136.6K 8,763 D
2025-11-24 SCHERBAKOV EUGENE A Director / 10% Owner S-Sale D Common Stock 1,945 76.32 148.4K 64,730 D
2025-11-24 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 4,642 75.83 352.0K 6,751,861 D
2025-11-21 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 7,859 73.16 575.0K 6,777,811 D
2025-11-18 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 20,775 76.45 1.59M 6,926,099 D
2025-11-18 Ness Trevor Officer S-Sale D Common Stock 1,681 75.58 127.0K 37,206 D
2025-11-17 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 3,815 79.33 302.6K 6,974,000 D
2025-11-06 Meurice Eric Director M-Exempt A Common Stock 750 87.87 65.9K 23,553 D
2025-10-27 Lopresti Angelo P Officer / 10% Owner S-Sale D Common Stock 1,500 87.13 130.7K 61,385 D
2025-10-21 SCHERBAKOV EUGENE A Director / 10% Owner S-Sale D Common Stock 2,341 87.61 205.1K 67,789 D
2025-10-21 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 11,426 87.77 1.00M 6,798,210 D
2025-10-20 Ness Trevor Officer S-Sale D Common Stock 65 87.83 5.7K 38,887 D
2025-10-20 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 6,543 87.10 569.9K 6,826,735 D
2025-10-17 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 875 85.71 75.0K 6,833,278 D
2025-10-15 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 7,226 85.97 621.2K 6,992,599 D
2025-10-14 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 1,661 80.96 134.5K 7,025,174 D
2025-10-13 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 1,667 82.09 136.8K 7,057,432 D
2025-10-07 Meurice Eric Director S-Sale D Common Stock 828 90.01 74.5K 22,803 D
2025-10-06 Lopresti Angelo P Officer / 10% Owner S-Sale D Common Stock 1,500 85.17 127.8K 62,885 D
2025-09-23 SCHERBAKOV EUGENE A Director / 10% Owner S-Sale D Common Stock 1,555 81.54 126.8K 71,275 D
2025-09-22 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 8,530 81.53 695.5K 6,876,307 D
2025-09-19 IP FIBRE DEVICES LTD 10% Owner S-Sale D Common Stock 8,986 80.78 725.9K 6,905,018 D
2025-09-18 Ness Trevor Officer S-Sale D Common Stock 100 83.15 8.3K 40,565 D
2025-09-16 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 14,180 80.67 1.14M 7,059,099 D
2025-09-15 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 37,894 80.54 3.05M 7,087,705 D
2025-08-29 Samartsev Igor Officer 0 0.00 0
2025-08-27 Ness Trevor Officer S-Sale D Common Stock 1,004 82.69 83.0K 42,917 D
2025-08-08 Desmond Jeanmarie F. Director S-Sale D Common Stock 1,360 76.24 103.7K 9,740 D
2025-08-08 Bucher Paulus Officer A-Award A Common Stock 4,185 0.00 4,185 D
2025-07-01 Bucher Paulus Officer Common Stock 0 0.00 0 D
2025-06-18 Meurice Eric Director F-InKind D Common Stock 272 0.00 22,803 D
2025-06-06 Lopresti Angelo P Officer / 10% Owner S-Sale D Common Stock 4,500 69.28 311.8K 64,385 D
2025-06-05 Gitin Mark Milton Director / Officer F-InKind D Common Stock 4,641 0.00 79,242 D
2025-05-20 Shcherbakov Eugene A Director / 10% Owner S-Sale D Common Stock 1,570 65.55 102.9K 76,112 D
2025-05-20 Samartsev Igor Officer A-Award A Common Stock 3,759 0.00 113,265 I
2025-05-20 PEELER JOHN R Director A-Award A Common Stock 3,759 0.00 15,740 D
2025-05-20 Meurice Eric Director A-Award A Common Stock 3,759 0.00 23,075 D
2025-05-20 KENNEDY KOLLEEN T Director A-Award A Common Stock 3,759 0.00 9,077 D
2025-05-20 Dougherty Greg Director A-Award A Common Stock 3,759 0.00 15,898 D
2025-05-20 Desmond Jeanmarie F. Director A-Award A Common Stock 3,759 0.00 11,100 D
2025-05-20 Beecher Gregory R Director A-Award A Common Stock 3,759 0.00 9,780 D
2025-05-20 Agnes Tang Director A-Award A Common Stock 3,759 0.00 10,544 D
2025-05-19 Shcherbakov Eugene A Director / 10% Owner S-Sale D Common Stock 4,250 65.37 277.8K 77,682 D
2025-05-07 Shcherbakov Eugene A Director / 10% Owner F-InKind D Common Stock 602 0.00 72,830 D
2025-03-06 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 69,403 62.56 4.34M 7,131,196 D
2025-03-01 Shcherbakov Eugene A Director / 10% Owner F-InKind D Common Stock 10,750 0.00 81,932 D
2025-03-01 Samartsev Igor Officer F-InKind D Common Stock 821 0.00 273,777 D
2025-03-01 Ness Trevor Officer F-InKind D Common Stock 3,056 0.00 43,921 D
2025-03-01 Mammen Timothy PV Officer F-InKind D Common Stock 2,743 0.00 84,577 D
2025-03-01 Lopresti Angelo P Officer / 10% Owner F-InKind D Common Stock 3,040 0.00 68,885 D
2025-03-01 Buttarazzi Mary E. Officer Common Stock 0 0.00 3,895 D
2025-03-01 Burgomaster Thomas J Officer F-InKind D Common Stock 774 0.00 11,566 D
2025-02-14 Samartsev Igor Officer A-Award A Common Stock 3,672 0.00 274,598 D
2025-02-14 Ness Trevor Officer A-Award A Common Stock 13,204 0.00 46,977 D
2025-02-14 Mammen Timothy PV Officer A-Award A Common Stock 15,740 0.00 87,320 D
2025-02-14 Lopresti Angelo P Officer / 10% Owner A-Award A Common Stock 12,868 0.00 71,925 D
2025-02-14 Gitin Mark Milton Director / Officer A-Award A Common Stock 55,092 0.00 83,883 D
2025-02-14 Burgomaster Thomas J Officer A-Award A Common Stock 817 0.00 12,340 D
2024-12-03 Samartsev Igor Officer 0 0.00 0
2024-11-25 Samartsev Igor Director / Officer 0 0.00 0
2024-06-18 Samartsev Igor Director / Officer A-Award A Common Stock 3,022 0.00 109,506
2024-06-18 PEELER JOHN R Director A-Award A Common Stock 3,022 0.00 11,981
2024-06-18 Meurice Eric Director A-Award A Common Stock 3,022 0.00 19,316
2024-06-18 KENNEDY KOLLEEN T Director A-Award A Common Stock 3,022 0.00 5,318
2024-06-18 Dougherty Greg Director A-Award A Common Stock 3,022 0.00 12,139
2024-06-18 Desmond Jeanmarie F. Director A-Award A Common Stock 3,022 0.00 7,341
2024-06-18 CHILD MICHAEL C Director A-Award A Common Stock 3,022 0.00 68,625
2024-06-18 Beecher Gregory R Director A-Award A Common Stock 3,022 0.00 6,021
2024-06-18 Agnes Tang Director A-Award A Common Stock 3,022 0.00 6,785
2024-06-05 Gitin Mark Milton Director / Officer A-Award A Common Stock 28,791 0.00 28,791
2024-05-30 Desmond Jeanmarie F. Director S-Sale D Common Stock 985 85.20 83.9K 4,319
2024-05-30 CHILD MICHAEL C Director M-Exempt A Common Stock 6,500 63.40 412.1K 65,603
2024-05-23 Meurice Eric Director F-InKind D Common Stock 197 86.03 16.9K 16,294
2024-05-07 Shcherbakov Eugene A Director / Officer / 10% Owner F-InKind D Common Stock 1,400 0.00 92,682
2024-04-29 Meurice Eric Director S-Sale D Common Stock 788 89.30 70.4K 16,491
2024-04-23 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 6,475 85.74 555.2K 7,203,124
2024-04-01 Meurice Eric Director M-Exempt A Common Stock 785 63.40 49.8K 17,276
2024-03-25 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 1,962 90.00 176.6K 7,209,599
2024-03-07 Meurice Eric Director M-Exempt A Common Stock 785 63.40 49.8K 17,276
2024-03-01 Shcherbakov Eugene A Director / Officer / 10% Owner A-Award A Common Stock 1,735 0.00 100,373
2024-03-01 Samartsev Igor Director / Officer A-Award A Common Stock 351 0.00 271,663
2024-03-01 Ovtchinnikov Alexander Officer / 10% Owner A-Award A Common Stock 876 0.00 76,113
2024-03-01 Ness Trevor Officer F-InKind D Common Stock 1,743 0.00 33,773
2024-03-01 Mammen Timothy PV Officer A-Award A Common Stock 1,070 0.00 73,701
2024-03-01 Lopresti Angelo P Officer / 10% Owner F-InKind D Common Stock 1,769 0.00 59,057
2024-03-01 Burgomaster Thomas J Officer F-InKind D Common Stock 602 0.00 11,523
2024-02-23 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 9,800 85.66 839.5K 7,219,799
2024-02-20 Shcherbakov Eugene A Director / Officer / 10% Owner M-Exempt A Common Stock 4,000 71.77 287.1K 102,638
2024-02-16 Shcherbakov Eugene A Director / Officer / 10% Owner S-Sale D Common Stock 2,361 87.14 205.7K 71,400
2024-02-16 Samartsev Igor Director / Officer A-Award A Common Stock 2,832 0.00 271,312
2024-02-16 Ovtchinnikov Alexander Officer / 10% Owner A-Award A Common Stock 11,242 0.00 75,237
2024-02-16 Ness Trevor Officer A-Award A Common Stock 11,151 0.00 34,647
2024-02-16 Mammen Timothy PV Officer A-Award A Common Stock 13,081 0.00 72,631
2024-02-16 Lopresti Angelo P Officer / 10% Owner A-Award A Common Stock 10,806 0.00 59,942
2024-02-16 Burgomaster Thomas J Officer A-Award A Common Stock 3,165 0.00 11,852
2024-02-15 Shcherbakov Eugene A Director / Officer / 10% Owner S-Sale D Common Stock 3,450 88.58 305.6K 69,761
2024-01-30 Meurice Eric Director M-Exempt A Common Stock 629 63.40 39.9K 17,120
2024-01-29 Meurice Eric Director M-Exempt A Common Stock 813 63.40 51.5K 17,304
2023-12-29 Meurice Eric Director M-Exempt A Common Stock 913 63.40 57.9K 16,619
2023-12-08 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 7,123 99.36 707.7K 7,230,726
2023-12-04 Samartsev Igor Director / Officer 0 0.00 0
2023-12-01 Agnes Tang Director S-Sale D Common Stock 498 95.08 47.3K 4,165
2023-11-29 Meurice Eric Director M-Exempt A Common Stock 785 63.40 49.8K 16,491
2023-11-24 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 8,250 95.34 786.6K 7,237,849
2023-11-21 Samartsev Igor Director / Officer 0 0.00 0
2023-11-08 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 5,052 91.47 462.1K 7,249,297
2023-11-03 Meurice Eric Director M-Exempt D Director Stock Option (right to buy) 785 63.40 49.8K 6,283
2023-10-24 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 4,931 91.43 450.8K 7,257,668
2023-10-09 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 5,503 95.80 527.2K 7,262,749
2023-09-29 Meurice Eric Director M-Exempt A Common Stock 785 63.40 49.8K 16,491
2023-09-25 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 8,250 100.00 825.0K 7,270,849
2023-09-08 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 6,479 101.71 659.0K 7,280,870
2023-08-24 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 5,605 102.30 573.4K 7,289,994
2023-08-14 Samartsev Igor Director / Officer 0 0.00 0
2023-08-08 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 4,052 110.03 445.8K 7,295,599
2023-08-04 KENNEDY KOLLEEN T Director A-Award A Common Stock 2,296 108.88 250.0K 2,296
2023-08-01 KENNEDY KOLLEEN T Director D Common Stock 0 0.00 0
2023-07-31 Meurice Eric Director S-Sale D Common Stock 480 131.27 63.0K 16,011
2023-07-24 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 1,624 128.36 208.5K 7,310,475
2023-07-12 Ovtchinnikov Alexander Officer / 10% Owner S-Sale D Common Stock 1,934 140.00 270.8K 63,995
2023-07-10 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 274 132.27 36.2K 7,320,075
2023-06-29 Meurice Eric Director S-Sale D Common Stock 384 133.32 51.2K 16,892
2023-06-26 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 1,049 129.78 136.1K 7,327,550
2023-06-20 Ovtchinnikov Alexander Officer / 10% Owner S-Sale D Common Stock 3,822 135.85 519.2K 65,929
2023-06-14 Meurice Eric Director S-Sale D Common Stock 785 121.89 95.7K 16,491
2023-06-08 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 5,120 111.91 573.0K 7,331,729
2023-05-24 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 913 112.30 102.5K 7,336,849
2023-05-24 Desmond Jeanmarie F. Director S-Sale D Common Stock 444 109.24 48.5K 6,040
2023-05-23 Samartsev Igor Director / Officer A-Award A Common Stock 2,188 0.00 106,484
2023-05-23 PEELER JOHN R Director A-Award A Common Stock 2,188 0.00 8,959
2023-05-23 Meurice Eric Director F-InKind D Common Stock 237 114.24 27.1K 14,303
2023-05-23 Dougherty Greg Director A-Award A Common Stock 2,188 0.00 9,117
2023-05-23 Desmond Jeanmarie F. Director A-Award A Common Stock 2,188 0.00 6,484
2023-05-23 CHILD MICHAEL C Director A-Award A Common Stock 2,188 0.00 59,103
2023-05-23 Beecher Gregory R Director A-Award A Common Stock 1,094 0.00 2,999
2023-05-23 Agnes Tang Director A-Award A Common Stock 2,188 0.00 4,663
2023-05-08 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 7,841 115.98 909.4K 7,345,508
2023-05-07 Shcherbakov Eugene A Director / Officer / 10% Owner F-InKind D Common Stock 602 0.00 69,761
2023-04-24 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 6,450 113.96 735.0K 7,355,149
2023-04-10 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 688 114.91 79.1K 7,369,161
2023-03-24 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 5,629 115.29 649.0K 7,372,470
2023-03-08 Valentin Gapontsev Trust I 10% Owner S-Sale D Common Stock 11,333 122.03 1.38M 7,383,266
2023-03-01 Shcherbakov Eugene A Director / Officer / 10% Owner F-InKind D Common Stock 6,646 0.00 70,363
2023-03-01 Samartsev Igor Director / Officer A-Award A Common Stock 618 0.00 269,172
2023-03-01 STUKALIN FELIX I Director / Officer A-Award A Common Stock 1,554 0.00 37,929
2023-03-01 Ovtchinnikov Alexander Officer / 10% Owner A-Award A Common Stock 1,543 0.00 71,383
2023-03-01 Ness Trevor Officer F-InKind D Common Stock 1,619 0.00 23,496
2023-03-01 Mammen Timothy PV Officer A-Award A Common Stock 1,850 0.00 61,503
2023-03-01 Lopresti Angelo P Officer / 10% Owner F-InKind D Common Stock 1,644 0.00 49,136
2023-03-01 Burgomaster Thomas J Officer S-Sale D Common Stock 1,300 125.52 163.2K 8,595
2023-02-17 Shcherbakov Eugene A Director / Officer / 10% Owner A-Award A Common Stock 16,837 0.00 74,007
2023-02-17 Samartsev Igor Director / Officer A-Award A Common Stock 2,021 0.00 268,554
2023-02-17 STUKALIN FELIX I Director / Officer A-Award A Common Stock 5,077 0.00 36,375
2023-02-17 Ovtchinnikov Alexander Officer / 10% Owner A-Award A Common Stock 5,042 0.00 69,840
2023-02-17 Ness Trevor Officer A-Award A Common Stock 5,001 0.00 23,584
2023-02-17 Mammen Timothy PV Officer A-Award A Common Stock 6,160 0.00 59,653
2023-02-17 Lopresti Angelo P Officer / 10% Owner A-Award A Common Stock 5,089 0.00 49,223
2023-02-17 Burgomaster Thomas J Officer A-Award A Common Stock 1,605 0.00 9,957

Executive team

Top executives
EBIT / Employee
9.5K
Shares Outstanding
42.44M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Mark Gitin Chief Executive Officer 879.4K 7.00M 1.16M 32.5K 9.07M 77.16%
2 2025 Timothy Mammen Chief Financial Officer and Senior Vice President 559.4K 2.00M 472.7K 11.6K 3.04M 65.71%
3 2025 Trevor Ness Senior Vice President, Chief Revenue Officer 520.3K 1.68M 440.1K 10.4K 2.65M 63.35%
4 2025 Angelo Lopresti Senior Vice President, General Counsel and Secretary 504.2K 1.64M 425.0K 10.5K 2.57M 63.50%
5 2025 Paulus Bucher Senior Vice President, Global Operations 226.6K 629.9K 325.3K 1.18M 53.30%
6 2024 Mark Gitin Chief Executive Officer 411.3K 775.0K 5.00M 514.7K 6.70M 74.61%
7 2024 Eugene Scherbakov Former Chief Executive Officer 315.2K 4.99M 789.8K 6.10M 81.88%
8 2024 Timothy Mammen Chief Financial Officer and Senior Vice President 538.7K 2.26M 265.3K 9.3K 3.08M 73.56%
9 2024 Trevor Ness Senior Vice President, Chief Revenue Officer 494.1K 1.93M 245.2K 10.4K 2.68M 72.01%
10 2024 Trevor Ness Senior Vice President, Sales and Strategic Business Development 494.1K 1.93M 245.2K 10.4K 2.68M 72.01%
11 2024 Angelo Lopresti Senior Vice President, General Counsel and Secretary 485.5K 1.87M 242.8K 10.4K 2.61M 71.67%
12 2024 Alexander Ovtchinnikov Former Senior Vice President, Chief Technology Officer 371.9K 1.94M 122.1K 2.44M 79.74%
13 2024 Igor Samartsev Senior Vice President, Chief Scientist 424.2K 489.8K 127.2K 9.4K 1.05M 46.62%
14 2023 Eugene Scherbakov Chief Executive Officer 864.9K 4.42M 166.5K 277.3K 5.73M 77.14%
15 2023 Eugene Scherbakov Former Chief Executive Officer 864.9K 4.42M 166.5K 277.3K 5.73M 77.14%
16 2023 Timothy Mammen Chief Financial Officer and Senior Vice President 538.7K 1.62M 102.4K 9.9K 2.27M 71.29%
17 2023 Angelo Lopresti Senior Vice President, General Counsel and Secretary 485.5K 1.33M 92.2K 9.9K 1.92M 69.44%
18 2023 Alexander Ovtchinnikov Senior Vice President, Chief Technology Officer 481.0K 1.32M 91.4K 15.4K 1.91M 69.23%
19 2023 Alexander Ovtchinnikov Former Senior Vice President, Chief Technology Officer 481.0K 1.32M 91.4K 9.9K 1.91M 69.43%
20 2023 Trevor Ness Senior Vice President, Sales and Strategic Business Development 477.1K 1.31M 90.6K 9.9K 1.89M 69.36%
21 2023 Trevor Ness Senior Vice President, Chief Revenue Officer 477.1K 1.31M 90.6K 9.9K 1.89M 69.43%
22 2022 Eugene Scherbakov Former Chief Executive Officer 785.2K 5.00M 540.2K 310.4K 6.64M 75.35%
23 2022 Eugene Scherbakov Chief Executive Officer 785.2K 5.00M 540.2K 310.4K 6.64M 75.35%
24 2022 Timothy Mammen Chief Financial Officer and Senior Vice President 520.5K 1.56M 270.9K 9.2K 2.36M 66.05%
25 2022 Angelo Lopresti Senior Vice President, General Counsel and Secretary 469.1K 1.29M 244.1K 9.2K 2.02M 63.99%
26 2022 Alexander Ovtchinnikov Senior Vice President, Chief Technology Officer 464.7K 1.28M 241.8K 14.7K 2.00M 63.92%
27 2022 Felix Stukalin Senior Vice President, Chief Operating Officer 454.8K 1.29M 236.8K 15.7K 1.99M 64.53%
28 2022 Alexander Ovtchinnikov Former Senior Vice President, Chief Technology Officer 464.7K 1.28M 241.8K 9.2K 1.99M 64.10%
29 2021 Eugene Scherbakov Chief Executive Officer 803.2K 4.41M 1.92M 155.3K 7.28M 60.49%
30 2021 Valentin P. Gapontsev Former Chief Executive Officer and Executive Chair 846.2K 2.27M 134.8K 3.25M 0.00%
31 2021 Timothy P.V. Mammen Chief Financial Officer and Senior Vice President 505.3K 1.53M 909.6K 10.6K 2.96M 51.85%
32 2021 Timothy Mammen Chief Financial Officer and Senior Vice President 505.3K 1.53M 909.6K 10.6K 2.96M 51.85%
33 2021 Angelo P. Lopresti Senior Vice President, General Counsel and Secretary 455.4K 1.27M 819.7K 12.3K 2.56M 49.62%
34 2021 Angelo Lopresti Senior Vice President, General Counsel and Secretary 455.4K 1.27M 819.7K 12.3K 2.56M 49.62%
35 2021 Alexander Ovtchinnikov Senior Vice President, Chief Technology Officer 451.2K 1.26M 812.1K 14.2K 2.53M 49.58%
36 2021 Felix Stukalin Senior Vice President, Chief Operating Officer 441.6K 1.27M 794.9K 14.2K 2.52M 50.28%
37 2020 Eugene Scherbakov Chief Executive Officer 627.8K 2.44M 573.6K 25.6K 3.67M 66.55%
38 2020 Eugene Scherbakov Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 627.8K 2.44M 573.6K 25.6K 3.67M 66.55%
39 2020 Timothy Mammen Chief Financial Officer and Senior Vice President 481.2K 1.50M 375.9K 26.6K 2.39M 62.99%
40 2020 Timothy P.V. Mammen Chief Financial Officer and Senior Vice President 481.2K 1.50M 375.9K 26.6K 2.39M 62.99%
41 2020 Alexander Ovtchinnikov Senior Vice President, Chief Technology Officer 438.1K 1.26M 320.3K 39.1K 2.05M 61.15%
42 2020 Alexander Ovtchinnikov Senior Vice President, Components 438.1K 1.26M 320.3K 39.1K 2.05M 61.15%
43 2020 Angelo Lopresti Senior Vice President, General Counsel and Secretary 442.1K 1.27M 323.2K 12.2K 2.04M 61.97%
44 2020 Angelo P. Lopresti Senior Vice President, General Counsel and Secretary 442.1K 1.27M 323.2K 12.2K 2.04M 61.97%
45 2020 Felix Stukalin Senior Vice President, Chief Operating Officer 424.7K 1.26M 313.4K 25.4K 2.03M 62.35%
46 2020 Valentin P. Gapontsev Former Chief Executive Officer and Executive Chair 930.0K 934.9K 79.0K 1.94M 0.00%
47 2020 Valentin P. Gapontsev Chief Executive Officer and Chairman of the Board 930.0K 934.9K 79.0K 1.94M 0.00%
48 2019 Eugene Scherbakov Chief Executive Officer 616.7K 2.15M 930.3K 154.2K 24.6K 3.88M 79.49%
49 2019 Eugene Scherbakov Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 616.7K 2.15M 930.3K 154.2K 24.6K 3.88M 79.49%
50 2019 Timothy P.V. Mammen Chief Financial Officer and Senior Vice President 481.2K 1.04M 449.6K 96.2K 9.6K 2.08M 71.73%
51 2019 Alexander Ovtchinnikov Senior Vice President, Components 438.1K 897.8K 388.2K 87.6K 10.7K 1.88M 68.31%
52 2019 Alexander Ovtchinnikov Senior Vice President, Chief Technology Officer 438.1K 897.8K 388.2K 87.6K 10.7K 1.88M 68.31%
53 2019 Angelo P. Lopresti Senior Vice President, General Counsel and Secretary 442.1K 906.1K 391.7K 88.4K 10.7K 1.84M 70.57%
54 2019 Felix Stukalin Senior Vice President, Chief Operating Officer 428.7K 878.7K 379.8K 85.7K 15.7K 1.79M 70.36%
55 2019 Valentin P. Gapontsev Former Chief Executive Officer and Executive Chair 930.0K 255.8K 66.2K 1.25M 0.00%
56 2019 Valentin P. Gapontsev Chief Executive Officer and Chairman of the Board 930.0K 255.8K 66.2K 1.25M 0.00%
57 2018 Eugene Scherbakov, Ph.D., Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 673.7K 2.10M 4.07M 6.84M 30.64%
58 2018 Eugene Scherbakov Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 673.7K 2.10M 924.4K 351.8K 23.5K 4.07M 74.22%
59 2018 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 481.2K 1.01M 2.16M 3.66M 27.69%
60 2018 Angelo P. Lopresti, Senior Vice President, General Counsel and Secretary 442.1K 882.3K 1.92M 3.24M 27.19%
61 2018 Alexander Ovtchinnikov, Ph.D. Senior Vice President, Components 438.1K 873.9K 1.90M 3.21M 27.18%
62 2018 Valentin P. Gapontsev, Ph.D. Chief Executive Officer and Chairman of the Board 1.00M 1.65M 2.66M 0.00%
63 2018 Timothy P.V. Mammen Chief Financial Officer and Senior Vice President 481.2K 1.01M 446.7K 213.7K 9.1K 2.16M 67.46%
64 2018 Angelo P. Lopresti Senior Vice President, General Counsel and Secretary 442.1K 882.3K 389.2K 196.4K 10.6K 1.92M 66.20%
65 2018 Alexander Ovtchinnikov Senior Vice President, Components 438.1K 873.9K 385.7K 194.6K 10.6K 1.90M 66.19%
66 2018 Valentin P. Gapontsev Chief Executive Officer and Chairman of the Board 930.0K 568.0K 124.7K 1.62M 0.00%
67 2017 Eugene A. Scherbakov, Ph.D. Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 510.0K 899.5K 340.0K 769.3K 23.0K 2.54M 48.77%
68 2017 Eugene Scherbakov Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 510.0K 899.5K 340.0K 769.3K 23.0K 2.54M 48.77%
69 2017 Valentin P. Gapontsev Chief Executive Officer and Chairman of the Board 832.0K 1.40M 53.6K 2.28M 0.00%
70 2017 Valentin P. Gapontsev, Ph.D. Chief Executive Officer and Chairman of the Board 832.0K 1.40M 53.6K 2.28M 0.00%
71 2017 Timothy P.V. Mammen Chief Financial Officer and Senior Vice President 458.3K 763.6K 288.6K 577.0K 8.9K 2.10M 50.19%
72 2017 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 458.3K 763.6K 288.6K 577.0K 8.9K 2.10M 50.19%
73 2017 Trevor Ness, Senior Vice President, World Wide Sales and Marketing 410.0K 682.9K 258.2K 516.2K 8.9K 1.88M 50.16%
74 2017 Angelo P. Lopresti, Senior Vice President, General Counsel and Secretary 421.0K 623.4K 235.6K 530.0K 9.3K 1.82M 47.22%
75 2017 Angelo P. Lopresti Senior Vice President, General Counsel and Secretary 421.0K 623.4K 235.6K 530.0K 9.3K 1.82M 47.22%
76 2017 Alexander Ovtchinnikov Senior Vice President, Components 417.2K 617.6K 233.5K 478.2K 10.4K 1.76M 48.44%
77 2016 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 510.7K 643.0K 228.9K 369.3K 30.1K 1.78M 48.93%
78 2016 Eugene A. Scherbakov, Ph.D. Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 510.7K 643.0K 228.9K 361.9K 30.1K 1.77M 49.13%
79 2016 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 436.0K 643.0K 228.9K 315.7K 8.8K 1.63M 53.41%
80 2016 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman 735.4K 709.0K 37.0K 1.48M 0.00%
81 2016 Valentin P. Gapontsev, Ph.D. Chief Executive Officer and Chairman of the Board 735.4K 709.0K 37.0K 1.48M 0.00%
82 2016 Alexander Ovtchinnikov, Ph.D., Senior Vice President —Components 396.9K 541.6K 192.8K 255.7K 10.3K 1.40M 52.56%
83 2016 Trevor Ness, Senior Vice President, World Wide Sales and Marketing 379.7K 527.5K 187.7K 275.1K 8.5K 1.38M 51.88%
84 2016 Angelo P. Lopresti, Senior Vice President, General Counsel and Secretary 408.3K 496.3K 176.7K 263.0K 9.2K 1.35M 49.72%
85 2015 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 450.4K 636.7K 305.7K 363.7K 30.2K 1.97M 47.74%
86 2015 Eugene A. Scherbakov, Ph.D. Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 450.4K 636.7K 305.7K 363.7K 30.2K 1.97M 47.74%
87 2015 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 440.1K 823.8K 305.7K 342.2K 8.8K 1.92M 58.81%
88 2015 Alexander Ovtchinnikov, Ph.D., Senior Vice President —Components 400.6K 692.7K 257.1K 277.0K 9.2K 1.64M 58.03%
89 2015 Trevor Ness, Senior Vice President, World Wide Sales and Marketing 383.5K 674.0K 250.1K 298.3K 8.5K 1.61M 57.24%
90 2015 Angelo P. Lopresti, Senior Vice President, General Counsel and Secretary 412.0K 636.7K 236.2K 284.9K 9.2K 1.58M 55.28%
91 2015 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman 688.0K 713.6K 11.9K 1.41M 0.00%
92 2015 Valentin P. Gapontsev, Ph.D. Chief Executive Officer and Chairman of the Board 688.0K 713.6K 11.9K 1.41M 0.00%
93 2015 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 688.0K 713.6K 11.9K 1.41M 0.00%
94 2014 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 445.5K 14.8K 143.5K 429.4K 323.8K 35.8K 1.39M 41.13%
95 2014 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 445.5K 14.8K 143.5K 429.4K 323.8K 35.8K 1.39M 41.13%
96 2014 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 411.4K 157.9K 469.0K 299.2K 8.6K 1.35M 46.57%
97 2014 Alexander Ovtchinnikov, Ph.D., Senior Vice President —Components 374.5K 136.4K 396.4K 272.3K 9.0K 1.19M 44.82%
98 2014 Alexander Ovtchinnikov, Ph.D., Vice President —Components 374.5K 136.4K 396.4K 272.3K 9.0K 1.19M 44.82%
99 2014 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman 559.3K 609.8K 11.1K 1.18M 0.00%
100 2014 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 559.3K 609.8K 11.1K 1.18M 0.00%
101 2014 Angelo P. Lopresti, General Counsel, Secretary and Senior Vice President 385.2K 129.2K 363.3K 280.1K 9.0K 1.17M 42.21%
102 2014 Trevor Ness, Senior Vice President, World Wide Sales and Marketing 351.8K 122.0K 363.3K 255.8K 8.3K 1.10M 44.07%
103 2013 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 432.8K 132.2K 403.5K 246.5K 33.7K 1.25M 42.90%
104 2013 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser GmbH, Senior Vice President, Europe and Director 432.8K 132.2K 403.5K 246.5K 33.7K 1.25M 42.90%
105 2013 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 391.8K 150.3K 432.3K 219.4K 8.2K 1.20M 48.47%
106 2013 Trevor Ness, Senior Vice President, World Wide Sales and Marketing 316.2K 114.2K 345.8K 187.6K 131.0K 1.09M 42.02%
107 2013 Angelo P. Lopresti, General Counsel, Secretary and Senior Vice President 374.0K 120.2K 374.7K 209.4K 8.9K 1.09M 45.52%
108 2013 Alexander Ovtchinnikov, Ph.D., Vice President —Components 363.6K 108.2K 345.8K 203.6K 8.9K 1.03M 44.08%
109 2013 Alexander Ovtchinnikov, Ph.D., Senior Vice President —Components 363.6K 108.2K 345.8K 203.6K 8.9K 1.03M 44.08%
110 2013 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 542.8K 455.9K 11.1K 1.01M 0.00%
111 2012 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 364.4K 120.2K 353.8K 195.6K 30.3K 1.06M 44.54%
112 2012 Timothy P.V. Mammen, Chief Financial Officer and Vice President 340.1K 120.2K 353.8K 178.0K 8.0K 1.00M 47.39%
113 2012 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 340.1K 120.2K 353.8K 178.0K 8.0K 1.00M 47.39%
114 2012 Angelo P. Lopresti, General Counsel, Secretary and Senior Vice President 324.6K 112.6K 332.5K 169.9K 8.3K 947.9K 46.96%
115 2012 Angelo P. Lopresti, General Counsel, Secretary and Vice President 324.6K 112.6K 332.5K 169.9K 8.3K 947.9K 46.96%
116 2012 Alexander Ovtchinnikov, Ph.D., Vice President —Components 302.5K 112.6K 332.5K 158.3K 8.7K 914.6K 48.67%
117 2012 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 475.8K 369.9K 12.3K 858.0K 0.00%
118 2011 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 376.2K 176.6K 449.6K 488.5K 32.6K 1.52M 41.10%
119 2011 Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President 324.5K 198.9K 511.1K 421.6K 7.9K 1.46M 48.50%
120 2011 Timothy P.V. Mammen, Chief Financial Officer and Vice President 324.5K 198.9K 511.1K 421.6K 7.9K 1.46M 48.50%
121 2011 Angelo P. Lopresti, General Counsel, Secretary and Vice President 309.8K 32.0K 176.6K 449.6K 402.5K 8.2K 1.38M 45.42%
122 2011 Angelo P. Lopresti, General Counsel, Secretary and Senior Vice President 309.8K 32.0K 176.6K 449.6K 402.5K 8.2K 1.38M 45.42%
123 2011 Alexander Ovtchinnikov, Ph.D., Vice President —Components 288.8K 176.6K 449.6K 375.2K 8.6K 1.30M 48.22%
124 2011 Alexander Ovtchinnikov, Ph.D., Vice President — Components 288.8K 176.6K 449.6K 375.2K 8.6K 1.30M 48.22%
125 2011 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 418.2K 808.3K 16.3K 1.24M 0.00%
126 2010 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 340.7K 69.2K 340.5K 33.2K 963.7K 7.18%
127 2010 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 340.7K 69.2K 180.1K 340.5K 33.2K 963.7K 25.87%
128 2010 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 393.7K 512.7K 15.9K 922.3K 0.00%
129 2010 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 393.7K 512.7K 15.9K 922.3K 0.00%
130 2010 Timothy P.V. Mammen, Chief Financial Officer and Vice President 295.0K 69.2K 295.0K 7.9K 849.2K 8.15%
131 2010 Angelo P. Lopresti, General Counsel, Secretary and Vice President 295.0K 69.2K 180.1K 295.0K 8.2K 847.5K 29.42%
132 2010 Angelo P. Lopresti, General Counsel, Secretary and Vice President 295.0K 69.2K 295.0K 8.2K 847.5K 8.17%
133 2010 Timothy P.V. Mammen, Chief Financial Officer and Vice President 295.0K 69.2K 180.1K 295.0K 7.9K 847.2K 29.43%
134 2010 Alexander Ovtchinnikov, Ph.D., Vice President —Components 275.0K 69.2K 180.1K 275.0K 7.9K 807.3K 30.89%
135 2010 Alexander Ovtchinnikov, Ph D., Vice President — Components 275.0K 69.2K 275.0K 7.9K 807.3K 8.57%
136 2010 Alexander Ovtchinnikov, Ph.D., Vice President — Components 275.0K 69.2K 180.1K 275.0K 7.9K 807.3K 30.89%
137 2009 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 351.4K 130.1K 25.4K 507.0K 25.66%
138 2009 Eugene Shcherbakov, Ph.D., Managing Director of IPG Laser and Director 351.4K 25.4K 507.0K 0.00%
139 2009 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 351.4K 25.4K 507.0K 0.00%
140 2009 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 389.0K 62.6K 451.6K 0.00%
141 2009 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 389.0K 62.6K 451.6K 0.00%
142 2009 Timothy P.V. Mammen, Chief Financial Officer and Vice President 289.6K 6.1K 443.6K 0.00%
143 2009 Timothy P.V. Mammen, Chief Financial Officer and Vice President 289.6K 147.8K 6.1K 443.6K 33.32%
144 2009 Angelo P. Lopresti, General Counsel, Secretary and Vice President 289.6K 6.1K 414.3K 0.00%
145 2009 Angelo P. Lopresti, General Counsel, Secretary and Vice President 289.6K 118.3K 6.1K 414.1K 28.56%
146 2009 Alexander Ovtchinnikov, Ph.D., Vice President — Components 269.5K 130.1K 6.4K 406.0K 32.04%
147 2009 Alexander Ovtchinnikov, Ph D., Vice President — Components 269.5K 6.4K 406.0K 0.00%
148 2008 Eugene Shcherbakov, Ph.D., Managing Director of IPG Laser and Director 358.0K 45.2K 67.5K 27.2K 749.9K 0.00%
149 2008 Eugene Scherbakov, Ph.D., Managing Director of IPG Laser and Director 358.0K 45.2K 67.5K 27.2K 749.9K 0.00%
150 2008 Timothy P.V. Mammen, Chief Financial Officer and Vice President 279.8K 35.4K 52.9K 6.0K 660.7K 0.00%
151 2008 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 375.0K 177.7K 66.4K 619.1K 0.00%
152 2008 Valentin P Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 375.0K 619.1K 0.00%
153 2008 Angelo P. Lopresti, General Counsel, Secretary and Vice President 279.8K 35.4K 52.9K 6.4K 603.7K 0.00%
154 2008 Alexander Ovtchinnikov, Ph D., Vice President — Components 248.7K 31.6K 47.0K 6.4K 585.7K 0.00%
155 2007 Valentin P Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 360.0K 585.3K 0.00%
156 2007 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 360.0K 164.5K 60.7K 585.3K 0.00%
157 2007 Eugene Shcherbakov, Ph.D., Managing Director of IPG Laser and Director 322.1K 95.5K 25.0K 442.6K 0.00%
158 2007 Timothy P.V. Mammen, Chief Financial Officer and Vice President 270.0K 82.1K 7.2K 359.2K 0.00%
159 2007 George H. BuAbbud, Ph.D., Vice President — Telecommunications 240.0K 73.0K 7.6K 359.0K 0.00%
160 2007 Angelo P. Lopresti, General Counsel, Secretary and Vice President 270.0K 82.1K 6.5K 358.6K 0.00%
161 2007 Alexander Ovtchinnikov, Ph D., Vice President — Components 240.0K 73.0K 7.1K 320.0K 0.00%
162 2006 Valentin P Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 359.3K 679.8K 0.00%
163 2006 Valentin P. Gapontsev, Ph.D., Chief Executive Officer and Chairman of the Board 359.3K 266.4K 54.1K 679.8K 0.00%
164 2006 Eugene Shcherbakov, Ph.D., Managing Director of IPG Laser and Director 291.4K 500.7K 0.00%
165 2006 Angelo P. Lopresti, General Counsel, Secretary and Vice President 268.6K 459.1K 0.00%
166 2006 Timothy P.V. Mammen, Chief Financial Officer and Vice President 257.3K 447.9K 0.00%
167 2006 George H. BuAbbud, Ph.D., Vice President — Telecommunications 255.2K 138.0K 7.0K 427.5K 0.00%
168 2006 Timothy P.V. Mammen,
169 2006 Valentin P. Gapontsev, Ph.D.,
170 2006 Alexander Ovtchinnikov, Ph.D.,
171 2006 Angelo P. Lopresti,
172 2006 Eugene Shcherbakov, Ph.D.,
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-05-05 DEFA14A
2026-04-01 DEFA14A
2026-04-01 DEF 14A
2025-05-02 DEFA14A
2025-04-07 DEFA14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-05 DEFA14A
2026-05-05 8-K
2026-05-05 10-Q
2026-04-01 DEFA14A
2026-04-01 DEF 14A
2026-04-01 ARS
2026-03-27 SC 13G/A
2026-03-17 4
2026-03-16 8-K
2026-03-09 4

Executive team

NameTitleCompensationGender
Mark Milton Gitin Chief Executive Officer & Director 2M
Eugene A. Scherbakov Director & Advisor 1M
Timothy V. Mammen Senior Vice President & Chief Financial Officer 1M male
Trevor D. Ness Senior Vice President & Chief Revenue Officer 970.7K male
Angelo Lopresti Senior Vice President, General Counsel & Secretary 939.7K male
Paulus Bucher Senior Vice President of Global Operations 778.5K
Igor Samartsev Senior Vice President & Chief Scientist 560.8K
John Weaver Vice President of Human Resources Worldwide
Eugene Fedotoff Senior Director of Investor Relations male
Jennifer Kartono Senior Vice President & Chief Human Resources Officer female
Alex Schoenfelder Senior Vice President & GM of Global Components male
Mary E. Buttarazzi Vice President, Corporate Controller, Chief Accounting Officer & Principal Accounting Officer female
ESG Rating
B-
SEMICONDUCTORS
2019
E (Environmental)
46.6 / 64.5
Company / Sector avg.
S (Social)
57.6 / 67.5
Company / Sector avg.
G (Governance)
64.8 / 66.5
Company / Sector avg.
ESG Total
56.3 / 66.1
Company / Sector avg.
ESG Score History SEMICONDUCTORS
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2022-05-23 2022-06-10 Ro Khanna CA17 Spouse Sale $1,001 - $15,000
2022-05-05 2022-06-10 Ro Khanna CA17 Spouse Purchase $1,001 - $15,000
2018-08-27 2018-09-14 Thomas J. Rooney Fl17 Purchase $15,001 - $50,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits