IPG Photonics Corp. (IPGP) Vice President & CFO Timothy Pv Mammen sells 10,000 Shares

Vice President & CFO of IPG Photonics Corp. (IPGP) Timothy Pv Mammen sells 10,000 shares of IPGP on 09/17/2009 at an average price of $14.27 a share.

IPG PHOTONICS is the world leader in high-power fiber lasers and amplifiers. IPG pioneered the development and commercialization of optical fiber-based lasers for use in a wide range of applications such as materials processing advanced applications telecommunications and medical applications. Fiber lasers have revolutionized the industry by delivering superior performance reliability and usability at a lower total cost of ownership compared with conventional lasers allowing end users to increase productivity and decrease operating costs. IPG has its headquarters in Oxford Massachusetts and has additional plants and offices throughout the world. Ipg Photonics Corp. has a market cap of $683.77 million; its shares were traded at around $15.02 with a P/E ratio of 34.93 and P/S ratio of 2.98.

Recent Trades of IPG Photonics Corp. by CEO:

• Sell: CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 800,000 shares of IPGP stock on 05/20/2009 at the average price of $9.65; the price of the stock has increased by 55.65% since.

Recent Trades of IPG Photonics Corp. by CFO:

• Sell: Vice President & CFO Timothy Pv Mammen sold 10,000 shares of IPGP stock on 09/10/2009 at the average price of $13.25; the price of the stock has increased by 13.36% since.


• Sell: Vice President & CFO Timothy Pv Mammen sold 30,000 more shares of IPGP stock on 08/10/2009 at the average price of $11.19; the price of the stock has increased by 34.23% since.

Recent Trades of IPG Photonics Corp. by Directors and Officers:

• Sell: Director William F Krupke sold 19,900 shares of IPGP stock on 09/09/2009 at the average price of $12.51; the price of the stock has increased by 20.06% since.


• Sell: Director William F Krupke sold 100 more shares of IPGP stock on 08/26/2009 at the average price of $12.5; the price of the stock has increased by 20.16% since.

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