IPG Photonics Corp (IPGP) shareholders
IPGPNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 8/3093% above fair value
$70.81+1.32 (+1.90%)
Close on Nov 11, 2026Market cap $3.01BP/E 108.9Yield –
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 · 132 sales
Net sold $73.79M
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 |
|---|---|---|---|---|
| Shcherbakov Eugene A Joint filing with IQ EQ Trust Company, U.S., LLC (19.60%), Lopresti Angelo P (19.10%) and 1 more | 14,577,710 | 34.30% | 13D (active) amendment | Feb 18, 2026 |
| IP Fibre Devices LTD | 6,463,302 | 15.20% | 13G (passive) amendment | Sep 22, 2025 |
| First Eagle Investment Management, LLC Joint filing with First Eagle Global Fund (5.50%) | 3,339,101 | 7.90% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 2,761,451 | 5.90% | 13G (passive) amendment | Dec 31, 2023 |
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)
323 funds held IPGP in Q2 2026, 41% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 |
| Eugene A. Scherbakov | Director, 10% owner | 7,399,164 | 17.40% | Oct 6, 2026 |
| John R. Peeler | Director | 20,886 | 0.05% | Aug 27, 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 |
| Natalia Pavlova | Director | 958,523 | 2.25% | May 13, 2026 |
| Eric Meurice | Director | 25,239 | 0.06% | May 13, 2026 |
| Gregory R. Beecher | Director | 12,216 | 0.03% | May 13, 2026 |
| Kolleen T. Kennedy | Director | 11,513 | 0.03% | May 13, 2026 |
| Gapontsev Trust I. Valentin | 10% owner | 14,122,636 | 33.20% | Nov 4, 2026 |
| Fibre Devices Ltd Ip | 10% owner | 6,390,628 | 15.02% | Oct 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 | Nov 3, 2026 | Sale(10b5-1 plan) | −14,632 | $75.18 | $1.10M | 6,622,234 |
| Gapontsev Trust I. Valentin 10% owner | Nov 2, 2026 | Sale(10b5-1 plan) | −6,020 | $75.18 | $452.58K | 6,636,866 |
| Fibre Devices Ltd Ip 10% owner | Oct 2, 2026 | Sale(10b5-1 plan) | −5,485 | $86.09 | $472.20K | 6,390,628 |
| Fibre Devices Ltd Ip 10% owner | Oct 2, 2026 | Sale(10b5-1 plan) | −9,876 | $85.39 | $843.31K | 6,396,113 |
| Eugene A. Scherbakov Director, 10% owner | Oct 2, 2026 | Sale(10b5-1 plan) | −3,048 | $85.30 | $259.99K | 45,162 |
| 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 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
28.57%
4M shares short
Days to cover
11.1
At 0M shares a day
Change since last report
-6.5%
From 4M shares
Short volume, 20 days
65.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of IPG Photonics's stock actually held short. Settlement fails (shares not delivered on time) peaked at 18,406 shares on Oct 5, 2026 over the last 90 days.
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 I. Valentin 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 I. Valentin 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 |
See a number that looks wrong?