Igor Samartsev Biography and Net Worth

CTO of IPG Photonics

Igor Samartsev has served as Chief Technology Officer since 2011 and served as a member of IPG’s Board from February 2006 to January 2021. From 2005 to 2018, he also served as the Deputy General Manager of IPG’s Russian subsidiary, NTO IRE-Polus. Prior to that time, he served in technical leadership roles at NTO IRE-Polus. Mr. Samartsev holds an M.S. in Physics from the Moscow Institute of Physics and Technology.

Key Attributes, Experience and Skills
Mr. Samartsev is one of the founders of the Company and has a significant management role in the Company as Chief Technology Officer. As one of the key developers of the technology platform of the Company and leader in the development of many new optical technologies and products that form part of the Company's strategic plan, the Board values Mr. Samartsev's understanding of technology developments at the Company.

What is Igor Samartsev's net worth?: The estimated net worth of Igor Samartsev is at least $27.24 million as of December 15th, 2016. Mr. Samartsev owns 368,970 shares of IPG Photonics stock worth more than $27,244,745 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Samartsev may own. Learn More about Igor Samartsev's net worth.
How do I contact Igor Samartsev?: The corporate mailing address for Mr. Samartsev and other IPG Photonics executives is 50 OLD WEBSTER ROAD, OXFORD MA, 01540. IPG Photonics can also be reached via phone at (508) 373-1100 and via email at [email protected]. Learn More on Igor Samartsev's contact information.
Has Igor Samartsev been buying or selling shares of IPG Photonics?: Igor Samartsev has not been actively trading shares of IPG Photonics during the last ninety days. Most recently, Igor Samartsev sold 500 shares of the business's stock in a transaction on Monday, January 3rd. The shares were sold at an average price of $172.35, for a transaction totalling $86,175.00. Learn More on Igor Samartsev's trading history.
Who are IPG Photonics' active insiders?: IPG Photonics' insider roster includes Thomas Burgomaster (CAO), Jeanmarie Desmond (Director), Valentin Gapontsev (CEO), Angelo Lopresti (SVP), Timothy Mammen (CFO), Eric Meurice (Director), Trevor Ness (SVP), Alexander Ovtchinnikov (SVP), John Peeler (Director), Igor Samartsev (CTO), Thomas Seifert (Director), and Eugene Shcherbakov (CEO). Learn More on IPG Photonics' active insiders.
Are insiders buying or selling shares of IPG Photonics?: During the last twelve months, insiders at the semiconductor company sold shares 6 times. They sold a total of 31,402 shares worth more than $2,742,330.40. The most recent insider tranaction occured on May, 30th when Director Jeanmarie F Desmond sold 985 shares worth more than $83,922.00. Insiders at IPG Photonics own 38.0% of the company. Learn More about insider trades at IPG Photonics.
Information on this page was last updated on 5/30/2024.

Igor Samartsev Insider Trading History at IPG Photonics

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/3/2022	Sell	500	$172.35	$86,175.00
10/1/2021	Sell	500	$159.27	$79,635.00
4/1/2021	Sell	500	$213.04	$106,520.00
1/7/2021	Sell	6,500	$230.47	$1,498,055.00
11/1/2019	Sell	800	$134.65	$107,720.00
8/1/2019	Sell	800	$130.01	$104,008.00
5/1/2019	Sell	800	$172.10	$137,680.00
1/2/2018	Sell	8,000	$221.59	$1,772,720.00
12/15/2016	Sell	4,000	$99.35	$397,400.00	368,970
12/9/2016	Sell	4,000	$98.95	$395,800.00
2/9/2015	Sell	15,456	$85.29	$1,318,242.24
12/27/2013	Sell	15,000	$76.10	$1,141,500.00	362,184
9/14/2012	Sell	15,000	$65.24	$978,600.00

Igor Samartsev Buying and Selling Activity at IPG Photonics

IPG Photonics Company Overview

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. The company also offers integrated laser systems; LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting, and drilling; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems for material processing applications; robotic and multi-axis workstations for welding, cutting and cladding, flatbed cutting systems, and diode markers; and laser and non-laser robotic welding and automation solutions. It serves materials processing, communications, medical procedures, and advanced applications and communications markets. The company 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. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.

Today's Range

Now: $73.84

$73.42

$76.00

50 Day Range

MA: $77.65

$72.74

$85.75

2 Week Range

Now: $73.84

$61.86

$111.11

Volume

1,561,491 shs

Average Volume

268,199 shs

Market Capitalization

$3.19 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.96

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