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Ipg Photonics Corp (IPGP) SVP, CFO Timothy Pv Mammen Sold $2.2 million of Shares

May 14, 2020 | About:

SVP, CFO of Ipg Photonics Corp (30-Year Financial, Insider Trades) Timothy Pv Mammen (insider trades) sold 14,200 shares of IPGP on 05/12/2020 at an average price of $153.69 a share. The total sale was $2.2 million.

IPG Photonics Corp is a developer and manufacturer of fiber lasers and amplifiers for diverse applications in numerous markets. The company sells its products globally to OEMs, system integrators and end users in a wide range of diverse markets. IPG Photonics Corp has a market cap of $7.74 billion; its shares were traded at around $146.02 with a P/E ratio of 48.53 and P/S ratio of 6.30. IPG Photonics Corp had annual average EBITDA growth of 23.80% over the past ten years. GuruFocus rated IPG Photonics Corp the business predictability rank of 4-star. GuruFocus has detected 3 severe warning signs with IPG Photonics Corp. .

CFO Recent Trades:

  • SVP, CFO Timothy Pv Mammen sold 14,200 shares of IPGP stock on 05/12/2020 at the average price of $153.69. The price of the stock has decreased by 4.99% since.

Directors and Officers Recent Trades:

  • SVP, Secretary & Gen Counsel, 10% Owner Angelo P Lopresti sold 4,750 shares of IPGP stock on 05/12/2020 at the average price of $155.07. The price of the stock has decreased by 5.84% since.
  • 10% Owner Gapontsev Trust I Valentin sold 38,100 shares of IPGP stock on 05/12/2020 at the average price of $152.83. The price of the stock has decreased by 4.46% since.
  • SVP, North America Operations Felix I Stukalin sold 8,000 shares of IPGP stock on 05/07/2020 at the average price of $147.17. The price of the stock has decreased by 0.78% since.
  • SVP, Worldwide Sales & Mrkting Trevor Ness sold 2,068 shares of IPGP stock on 05/07/2020 at the average price of $146.82. The price of the stock has decreased by 0.54% since.
  • SVP, Worldwide Sales & Mrkting Trevor Ness sold 3,932 shares of IPGP stock on 05/06/2020 at the average price of $145.28. The price of the stock has increased by 0.51% since.

For the complete insider trading history of IPGP, click here

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