
IPG Photonics Corporation
IPGP · NASDAQ · Technology / Semiconductor Equipment & Materials
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About
IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions. It also provides complementary products, such as optical fiber delivery cables, fiber couplers, beam switches, optical processing heads, process measuring and monitoring technologies, and in-line sensors and chillers. In addition, the company offers LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems; high precision laser systems for medical technology industry; multi axis Cartesian systems for fine welding, cutting, and drilling applications; laser and non-laser robotic welding and automation solutions; and related accessories for specific medical applications. The company sells and markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. It serves general manufacturing, automotive, consumer goods, medical devices, energy/renewable energy, micro electronics, original equipment manufacturers instrument manufacturing, scientific, as well as aerospace and defense, rail, and shipbuilding markets. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.
Company Details
- SectorTechnology
- IndustrySemiconductor Equipment & Materials
- CEODr. Mark Milton Gitin Ph.D.
- Employees4.84K
- Headquarters377 Simarano Drive, Marlborough, MA, United States, 01752, USA
- Websitehttps://www.ipgphotonics.com
Leadership
- Dr. Mark Milton Gitin Ph.D.CEO & Director · b. 1967
- Mr. Timothy P. V. MammenSenior VP & CFO · b. 1970
- Dr. Paulus Bucher Ph.D.Senior Vice President of Global Operations · b. 1967
- Mr. Angelo P. Lopresti II, J.D.Senior VP, General Counsel & Secretary · b. 1964
- Mr. Trevor D. NessSenior Vice President & Chief Revenue Officer · b. 1973
- Ms. Mary E. ButtarazziVP, Corporate Controller, Chief Accounting Officer & Principal Accounting Officer · b. 1976
- Dr. Igor Samartsev Ph.D.Senior VP & Chief Scientist · b. 1963
- Mr. Eugene FedotoffSenior Director of Investor Relations
- Ms. Jennifer KartonoSenior VP & Chief Human Resources Officer · b. 1970
- Dr. Eugene A. Scherbakov Ph.D.Director & Advisor · b. 1948
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy2
- Hold5
- Sell1
- Strong Sell1
Ownership Breakdown
- Institutions
- 75.12%
- Insiders
- 39.03%
- Retail / Other
- 0.00%
Top Institutional Holders
- Arnhold & S. Bleichroeder Advisers, LLC6.68M15.70%
- BlackRock Inc2.71M6.38%
- Vanguard Portfolio Management, LLC1.64M3.86%
- Dimensional Fund Advisors, Inc.1.60M3.76%
- Lazard Asset Management LLC1.43M3.36%
- Sumitomo Mitsui Trust Group Inc1.36M3.20%
- Victory Capital Management Inc.1.32M3.09%
- Vanguard Capital Management, LLC1.14M2.68%
- Neuberger Berman Group LLC844.40K1.99%
- State Street Corp819.26K1.93%
- Westwood Holdings Group Inc779.53K1.83%
- M&G PLC596.44K1.40%
- Morgan Stanley - Brokerage Accounts592.69K1.39%
- Amvescap Plc.586.92K1.38%
Top Fund Holders
- First Eagle Global A2.35M5.53%
- Victory Sycamore Established Value R955.00K2.25%
- iShares Core S&P Mid-Cap ETF891.85K2.10%
- Vanguard MStar Total Stk Mkt Idx Invest809.90K1.90%
- Vanguard Information Technology ETF638.56K1.50%
- Vanguard Small Cap Index585.66K1.38%