IPGPNasdaqSemiconductors & Related DevicesFiscal year ends December 31
IPG PHOTONICS CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$72.48+1.47 (+2.07%)
Close on Oct 19, 2026
- Market cap
- $3.11B
- P/E (TTM)
- 111.5
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
79.4%
34M of 43M shares
Institutional holders
358
68 new, 44 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
2 buys · 129 sales
Net sold $70.86M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| IP Fibre Devices LTD | 6,463,302 | 15.20% | 13G (passive) amendment | Sep 22, 2025 |
| First Eagle Investment Management, LLC | 3,339,101 | 7.90% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 2,761,451 | 5.90% | 13G (passive) amendment | Dec 31, 2023 |
| Shcherbakov Eugene A | 14,577,710 | 34.30% | 13D (active) amendment | Feb 18, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of IPGP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| First Eagle Investment Management, LLC | 6,677,762 | 15.70% | $783.44M | +2,084,413 | 0.65% |
| BlackRock, Inc. | 2,850,574 | 6.70% | $334.43M | +137,233 | 0.00% |
| Vanguard Portfolio Management LLC | 1,646,072 | 3.87% | $193.12M | +6,081 | 0.01% |
| Dimensional Fund Advisors LP | 1,600,237 | 3.76% | $187.72M | −101,032 | 0.03% |
| Lazard Asset Management LLC | 1,427,735 | 3.36% | $167.50M | +53,275 | 0.25% |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,362,115 | 3.20% | $159.80M | +11,787 | 0.09% |
| Victory Capital Management Inc | 1,315,485 | 3.09% | $154.33M | +1,311,457 | 0.09% |
| Vanguard Capital Management LLC | 1,151,301 | 2.71% | $135.07M | +12,576 | 0.00% |
| Neuberger Berman Group LLC | 976,974 | 2.30% | $114.08M | +132,576 | 0.08% |
| State Street Corp | 909,287 | 2.14% | $106.68M | +90,028 | 0.00% |
| Westwood Holdings Group Inc | 901,541 | 2.12% | $105.77M | +122,013 | 0.80% |
| M&g PLC | 596,441 | 1.40% | $69.78M | −371 | 0.35% |
| Disciplined Growth Investors Inc /Mn | 530,833 | 1.25% | $62.28M | +2,096 | 1.05% |
| Geode Capital Management, LLC | 511,870 | 1.20% | $60.07M | +11,503 | 0.00% |
| Segall Bryant & Hamill, LLC | 498,810 | 1.17% | $58.52M | +29,339 | 0.69% |
| Aqr Capital Management LLC | 448,582 | 1.05% | $50.58M | +18,850 | 0.02% |
| Morgan Stanley | 431,648 | 1.01% | $50.64M | −161,038 | 0.00% |
| Invesco Ltd. | 400,130 | 0.94% | $46.94M | −186,787 | 0.00% |
| Citadel Advisors LLC | 377,794 | 0.89% | $44.32M | +192,021 | 0.01% |
| Allianz Asset Management GmbH | 337,749 | 0.79% | $39.62M | −14,916 | 0.04% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 358 | 34M | 79.4% | 68 / 146 | 99 / 44 | 7M | 2M |
| Q1 2026 | 338 | 29M | 68.3% | 82 / 113 | 90 / 37 | 7M | 4M |
| Q4 2025 | 298 | 30M | 69.6% | 45 / 94 | 101 / 32 | 2M | 1M |
| Q3 2025 | 290 | 29M | 67.2% | 43 / 93 | 94 / 14 | 2M | 2M |
| Q2 2025 | 263 | 29M | 67.7% | 39 / 95 | 91 / 39 | 4M | 2M |
| Q1 2025 | 266 | 27M | 62.7% | 40 / 91 | 92 / 52 | 4M | 3M |
| Q4 2024 | 281 | 26M | 60.4% | 43 / 95 | 100 / 37 | 3M | 2M |
| Q3 2024 | 280 | 26M | 60.1% | 37 / 98 | 112 / 51 | 5M | 3M |
| Q2 2024 | 297 | 26M | 62.0% | 36 / 84 | 137 / 52 | 3M | 3M |
| Q1 2024 | 314 | 26M | 61.7% | 47 / 126 | 95 / 48 | 3M | 4M |
| Q4 2023 | 316 | 28M | 65.8% | 50 / 100 | 122 / 34 | 3M | 3M |
| Q3 2023 | 305 | 28M | 66.4% | 32 / 99 | 120 / 55 | 2M | 3M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of IPGP | Value | % of fund | As of |
|---|---|---|---|---|---|
| First Eagle Global Fund | 2,350,213 | 5.53% | $199.91M | 0.26% | Jul 31, 2026 |
| Victory Sycamore Established Value Fund | 955,000 | 2.25% | $112.04M | 0.73% | Jun 30, 2026 |
| iShares Core S&P Mid-Cap ETF | 870,648 | 2.05% | $102.14M | 0.08% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 807,467 | 1.90% | $94.73M | 0.00% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 638,138 | 1.50% | $73.08M | 0.04% | May 31, 2026 |
| Vanguard Small-Cap Index Fund | 584,701 | 1.37% | $68.60M | 0.04% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 336,872 | 0.79% | $39.52M | 0.08% | Jun 30, 2026 |
| ROBO Global Robotics and Automation Index ETF | 311,929 | 0.73% | $26.53M | 1.33% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 292,170 | 0.69% | $34.28M | 0.04% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 237,903 | 0.56% | $20.24M | 0.12% | Jul 31, 2026 |
| Neuberger Intrinsic Value Fund | 230,650 | 0.54% | $26.41M | 1.76% | May 31, 2026 |
| Thrivent Small Cap Stock Fund | 218,749 | 0.51% | $18.61M | 0.64% | Jul 31, 2026 |
| PIMCO RAE US Small Fund | 218,588 | 0.51% | $25.64M | 0.68% | Jun 30, 2026 |
| Dimensional U.S. Targeted Value ETF | 200,986 | 0.47% | $17.10M | 0.12% | Jul 31, 2026 |
| U.S. Small Cap Value Portfolio | 194,108 | 0.46% | $16.51M | 0.08% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Mark Milton Gitin | CEO, Director | 87,232 | 0.21% | Jun 8, 2026 |
| Paulus Bucher | SVP, Global Operations | 6,053 | 0.01% | Aug 10, 2026 |
| Angelo P. Lopresti | SVP, Secretary & Gen Counsel, 10% owner | 59,841 | 0.14% | Jul 1, 2026 |
| Timothy PV Mammen | SVP, Chief Financial Officer | 76,438 | 0.18% | May 26, 2026 |
| Igor Samartsev | SVP, Chief Scientist | 956,923 | 2.25% | May 13, 2026 |
| Mary E. Buttarazzi | VP, Corp Controller and CAO | 4,749 | 0.01% | Mar 17, 2026 |
| Trevor Ness | SVP, Chief Revenue Officer | 38,425 | 0.09% | Mar 3, 2026 |
| Thomas J. Burgomaster | Chief Accounting Officer | 11,566 | 0.03% | Mar 4, 2025 |
| John R. Peeler | Director | 20,886 | 0.05% | Aug 27, 2026 |
| Eugene A. Scherbakov | Director, 10% owner | 7,402,753 | 17.40% | Aug 4, 2026 |
| Tang Agnes | Director | 10,324 | 0.02% | Jun 23, 2026 |
| Jeanmarie F. Desmond | Director | 10,486 | 0.02% | May 15, 2026 |
| Greg Dougherty | Director | 18,334 | 0.04% | May 13, 2026 |
| Gregory R. Beecher | Director | 12,216 | 0.03% | May 13, 2026 |
| Natalia Pavlova | Director | 958,523 | 2.25% | May 13, 2026 |
| Eric Meurice | Director | 25,239 | 0.06% | May 13, 2026 |
| Kolleen T. Kennedy | Director | 11,513 | 0.03% | May 13, 2026 |
| Gapontsev Trust I. Valentin | 10% owner | 14,143,288 | 33.25% | Sep 3, 2026 |
| Fibre Devices Ltd Ip | 10% owner | 6,405,989 | 15.06% | Aug 6, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Gapontsev Trust I. Valentin 10% owner | Sep 2, 2026 | Sale(10b5-1 plan) | −4,715 | $76.25 | $359.52K | 6,642,886 |
| Gapontsev Trust I. Valentin 10% owner | Sep 2, 2026 | Sale(10b5-1 plan) | −4,591 | $75.65 | $347.31K | 6,647,601 |
| Gapontsev Trust I. Valentin 10% owner | Sep 1, 2026 | Sale(10b5-1 plan) | −18,091 | $75.14 | $1.36M | 6,652,192 |
| John R. Peeler Director | Aug 26, 2026 | Buy | +1,158 | $74.57 | $86.35K | 20,886 |
| John R. Peeler Director | Aug 26, 2026 | Buy | +1,552 | $72.84 | $113.05K | 19,728 |
| Paulus Bucher SVP, Global Operations | Aug 8, 2026 | Tax withholding | −663 | $90.23 | $59.82K | 6,053 |
| Fibre Devices Ltd Ip 10% owner | Aug 5, 2026 | Sale(10b5-1 plan) | −550 | $98.71 | $54.29K | 6,405,989 |
| Fibre Devices Ltd Ip 10% owner | Aug 5, 2026 | Sale(10b5-1 plan) | −4,324 | $97.81 | $422.93K | 6,406,539 |
| Fibre Devices Ltd Ip 10% owner | Aug 5, 2026 | Sale(10b5-1 plan) | −1,325 | $96.76 | $128.21K | 6,410,863 |
| Fibre Devices Ltd Ip 10% owner | Aug 5, 2026 | Sale(10b5-1 plan) | −11,912 | $95.31 | $1.14M | 6,412,188 |
| Fibre Devices Ltd Ip 10% owner | Aug 4, 2026 | Sale(10b5-1 plan) | −12,202 | $95.18 | $1.16M | 6,424,100 |
| Fibre Devices Ltd Ip 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −300 | $88.59 | $26.58K | 6,436,302 |
| Fibre Devices Ltd Ip 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −200 | $87.45 | $17.49K | 6,436,602 |
| Fibre Devices Ltd Ip 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −506 | $86.14 | $43.59K | 6,436,802 |
| Fibre Devices Ltd Ip 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −25,994 | $85.76 | $2.23M | 6,437,308 |
| Eugene A. Scherbakov Director, 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −200 | $86.34 | $17.27K | 48,751 |
| Eugene A. Scherbakov Director, 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −300 | $87.45 | $26.24K | 48,451 |
| Eugene A. Scherbakov Director, 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −241 | $88.68 | $21.37K | 48,210 |
| Eugene A. Scherbakov Director, 10% owner | Jul 31, 2026 | Sale(10b5-1 plan) | −783 | $85.72 | $67.12K | 48,951 |
| Gapontsev Trust I. Valentin 10% owner | Jul 21, 2026 | Sale(10b5-1 plan) | −7,100 | $101.20 | $718.52K | 6,718,499 |
| Gapontsev Trust I. Valentin 10% owner | Jul 21, 2026 | Sale(10b5-1 plan) | −24,347 | $102.04 | $2.48M | 6,694,152 |
| Gapontsev Trust I. Valentin 10% owner | Jul 21, 2026 | Sale(10b5-1 plan) | −23,869 | $103.00 | $2.46M | 6,670,283 |
| Gapontsev Trust I. Valentin 10% owner | Jul 21, 2026 | Sale(10b5-1 plan) | −1,000 | $100.08 | $100.08K | 6,725,599 |
| Eugene A. Scherbakov Director, 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −200 | $106.66 | $21.33K | 49,734 |
| Eugene A. Scherbakov Director, 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −1 | $104.63 | $105 | 49,934 |
| Eugene A. Scherbakov Director, 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −100 | $102.92 | $10.29K | 49,935 |
| Eugene A. Scherbakov Director, 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −250 | $101.24 | $25.31K | 50,035 |
| Eugene A. Scherbakov Director, 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −973 | $100.43 | $97.72K | 50,285 |
| Angelo P. Lopresti SVP, Secretary & Gen Counsel, 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −1,000 | $110.33 | $110.33K | 59,841 |
| Fibre Devices Ltd Ip 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −11,325 | $106.40 | $1.20M | 6,463,302 |
| Fibre Devices Ltd Ip 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −2,684 | $105.37 | $282.81K | 6,474,627 |
| Fibre Devices Ltd Ip 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −16,406 | $104.33 | $1.71M | 6,477,311 |
| Fibre Devices Ltd Ip 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −13,304 | $103.08 | $1.37M | 6,493,717 |
| Fibre Devices Ltd Ip 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −17,735 | $102.09 | $1.81M | 6,507,021 |
| Fibre Devices Ltd Ip 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −2,405 | $101.21 | $243.41K | 6,524,756 |
| Fibre Devices Ltd Ip 10% owner | Jun 29, 2026 | Sale(10b5-1 plan) | −1,841 | $100.19 | $184.45K | 6,527,161 |
| Tang Agnes Director | Jun 22, 2026 | Sale(10b5-1 plan) | −775 | $117.32 | $90.92K | 10,324 |
| Tang Agnes Director | Jun 22, 2026 | Sale(10b5-1 plan) | −200 | $119.32 | $23.86K | 9,588 |
| Tang Agnes Director | Jun 22, 2026 | Sale(10b5-1 plan) | −536 | $118.08 | $63.29K | 9,788 |
| Mark Milton Gitin CEO, Director | Jun 5, 2026 | Tax withholding | −4,641 | $107.37 | $498.30K | 87,232 |
| Timothy PV Mammen SVP, Chief Financial Officer | May 22, 2026 | Sale | −2,712 | $120.37 | $326.44K | 76,438 |
| Timothy PV Mammen SVP, Chief Financial Officer | May 22, 2026 | Sale | −7,263 | $119.60 | $868.65K | 79,150 |
| Jeanmarie F. Desmond Director | May 14, 2026 | Sale | −1,690 | $105.58 | $178.43K | 10,486 |
| John R. Peeler Director | May 12, 2026 | Award | +2,436 | – | – | 18,176 |
| Eric Meurice Director | May 12, 2026 | Award | +2,436 | – | – | 25,239 |
| Tang Agnes Director | May 12, 2026 | Award | +2,436 | – | – | 11,099 |
| Jeanmarie F. Desmond Director | May 12, 2026 | Award | +2,436 | – | – | 12,176 |
| Natalia Pavlova Director | May 12, 2026 | Award | +2,436 | – | – | 115,701 |
| Kolleen T. Kennedy Director | May 12, 2026 | Award | +2,436 | – | – | 11,513 |
| Greg Dougherty Director | May 12, 2026 | Award | +2,436 | – | – | 18,334 |
| Gregory R. Beecher Director | May 12, 2026 | Award | +2,436 | – | – | 12,216 |
| Mary E. Buttarazzi VP, Corp Controller and CAO | Mar 17, 2026 | Sale | −500 | $116.22 | $58.11K | 4,749 |
| Angelo P. Lopresti SVP, Secretary & Gen Counsel, 10% owner | Mar 1, 2026 | Tax withholding | −3,848 | $131.57 | $506.28K | 60,841 |
| Natalia Pavlova Director | Mar 1, 2026 | Tax withholding | −836 | $131.57 | $109.99K | 10,449 |
| Mark Milton Gitin CEO, Director | Mar 1, 2026 | Tax withholding | −7,603 | $131.57 | $1.00M | 91,873 |
| Trevor Ness SVP, Chief Revenue Officer | Mar 1, 2026 | Tax withholding | −3,402 | $131.57 | $447.60K | 38,425 |
| Timothy PV Mammen SVP, Chief Financial Officer | Mar 1, 2026 | Tax withholding | −4,310 | $131.57 | $567.07K | 86,413 |
| Eugene A. Scherbakov Director, 10% owner | Mar 1, 2026 | Tax withholding | −7,237 | $131.57 | $952.17K | 51,258 |
| Mary E. Buttarazzi VP, Corp Controller and CAO | Mar 1, 2026 | Tax withholding | −435 | $131.57 | $57.23K | 5,249 |
| Eugene A. Scherbakov Director, 10% owner | Feb 24, 2026 | Sale(10b5-1 plan) | −1,500 | $137.13 | $205.70K | 59,495 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Eugene A. Scherbakov 10% Stockholder | Oct 2, 2026 | 7,620 | $649.99K | Oct 2, 2026 | Restricted Stock Units |
| Fibre Devices Ltd Ip 10% Stockholder | Oct 2, 2026 | 135,000 | $11.56M | Oct 2, 2026 | Private Transaction |
| Gapontsev Trust Valentin II Officer | Sep 22, 2026 | 11,688 | $909.07K | Sep 22, 2026 | Owned Shares |
| Angelo P. Lopresti Officer | Jun 29, 2026 | 3,000 | $331.00K | Jun 29, 2026 | Restricted Stock Units |
| Fibre Devices Ltd Ip 10% Stockholder | Jun 29, 2026 | 197,100 | $20.43M | Jun 29, 2026 | Private Transaction |
| Eugene A. Scherbakov Director | Jun 29, 2026 | 4,572 | $464.26K | Jun 29, 2026 | Restricted Stock Units |
| Tang Agnes Director | Jun 22, 2026 | 1,511 | $178.07K | Jun 22, 2026 | Owned Shares |
| Gapontsev Trust Valentin II Officer | Jun 22, 2026 | 12,876 | $1.52M | Jun 22, 2026 | Gifted Restricted Stock |
| Timothy PV Mammen Officer | May 22, 2026 | 9,975 | $1.20M | May 22, 2026 | Restricted Stock Units |
| Jeanmarie F. Desmond Director | May 14, 2026 | 1,690 | $178.43K | May 14, 2026 | Restricted Stock Units |
| Mary E. Buttarazzi Officer | Mar 17, 2026 | 500 | $58.11K | Mar 17, 2026 | Restricted Stock Units |
| Eric Meurice Director | Feb 2, 2026 | 750 | $71.25K | Feb 2, 2026 | Option Exercise |
| Angelo P. Lopresti Officer | Jan 21, 2026 | 1,500 | $127.50K | Jan 21, 2026 | Restricted Stock Units |
| Eugene A. Scherbakov Officer | Dec 23, 2025 | 8,100 | $602.93K | Dec 23, 2025 | Restricted Stock Units |
| Fibre Devices Ltd Ip 10% Stockholder | Dec 22, 2025 | 192,501 | $14.59M | Dec 22, 2025 | Restricted Stock Units |