CEO & Chairman of the Board, 10% Owner of IPG Photonics Corp. (IPGP) Valentin P Gapontsev sells 150,000 shares of IPGP on 02/14/2011 at an average price of $48.35 a share.

Ipg Photonics Corp. has a market cap of $2.52 billion; its shares were traded at around $53.8 with a P/E ratio of 84.1 and P/S ratio of 13.5.

Hedge Fund Gurus that owns IPGP: Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns IPGP: Westport Asset Management, Columbia Wanger of Columbia Wanger Asset Management, Chuck Royce of Royce& Associates.

This is the annual revenues and earnings per share of IPGP over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of IPGP.

CEO Recent Trades:

• Sell: CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 900,000 shares of IPGP stock on 01/25/2011 at the average price of 29.2. Valentin P Gapontsev owns at least 2,052,931 shares after this.


• Sell: CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 50,000 shares of IPGP stock on 01/14/2011 at the average price of 34.79. Valentin P Gapontsev owns at least 3,052,931 shares after this.


• Sell: CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 100,000 shares of IPGP stock on 11/08/2010 at the average price of 25.39. Valentin P Gapontsev owns at least 7,504,002 shares after this. The price of the stock has increased by 111.89% since.


• Sell: CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 159,100 shares of IPGP stock on 11/01/2010 at the average price of 23.39. Valentin P Gapontsev owns at least 7,604,002 shares after this. The price of the stock has increased by 130.01% since.


• Sell: CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 53,000 shares of IPGP stock on 10/28/2010 at the average price of 21.98. Valentin P Gapontsev owns at least 7,763,102 shares after this. The price of the stock has increased by 144.77% since.

CFO Recent Trades:

• Sell: Vice President & CFO Timothy Pv Mammen sold 10,000 shares of IPGP stock on 11/08/2010 at the average price of 25.53. Timothy Pv Mammen owns at least 66,374 shares after this. The price of the stock has increased by 110.73% since.


• Sell: Vice President & CFO Timothy Pv Mammen sold 4,363 shares of IPGP stock on 11/03/2010 at the average price of 24.61. Timothy Pv Mammen owns at least 76,374 shares after this. The price of the stock has increased by 118.61% since.


• Sell: Vice President & CFO Timothy Pv Mammen sold 15,637 shares of IPGP stock on 11/02/2010 at the average price of 24.27. Timothy Pv Mammen owns at least 80,737 shares after this. The price of the stock has increased by 121.67% since.

This is the insider trade history vs. stock price of IPGP. For the complete insider trading history of IPGP, click here.

Directors and Officers Recent Trades:

• Sell: Director Robert A Blair sold 10,000 shares of IPGP stock on 01/13/2011 at the average price of 35.32. Robert A Blair owns at least 33,538 shares after this.


• Sell: Director Robert A Blair sold 15,000 shares of IPGP stock on 01/11/2011 at the average price of 32.32. Robert A Blair owns at least 43,538 shares after this.


• Sell: Director Robert A Blair sold 2,900 shares of IPGP stock on 12/16/2010 at the average price of 31.66. Robert A Blair owns at least 58,538 shares after this.


• Sell: Director Robert A Blair sold 300 shares of IPGP stock on 12/13/2010 at the average price of 32. Robert A Blair owns at least 58,538 shares after this.


• Sell: Director Michael C Child sold 10,001 shares of IPGP stock on 12/07/2010 at the average price of 31.21. Michael C Child owns at least 6,912 shares after this.

For the complete insider trading history of IPGP, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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