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Thomas J. Burgomaster net worth and biography

Thomas Burgomaster Biography and Net Worth

CAO of IPG Photonics

Thomas J. Burgomaster serves as Chief Accounting Officer, Vice President, Controller, Principal Accounting Officer of the Company. Mr. Burgomaster has served as the Vice President, Corporate Controller of the Company since May 2010, and prior to that was the Company’s Corporate International Controller since 2006.

What is Thomas J. Burgomaster's net worth?: The estimated net worth of Thomas J. Burgomaster is at least $510,906.24 as of October 20th, 2020. Mr. Burgomaster owns 6,823 shares of IPG Photonics stock worth more than $510,906 as of November 21st. This net worth estimate does not reflect any other investments that Mr. Burgomaster may own. Learn More about Thomas J. Burgomaster's net worth.
How do I contact Thomas J. Burgomaster?: The corporate mailing address for Mr. Burgomaster 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 Thomas J. Burgomaster's contact information.
Has Thomas J. Burgomaster been buying or selling shares of IPG Photonics?: Thomas J. Burgomaster has not been actively trading shares of IPG Photonics during the past quarter. Most recently, Thomas J. Burgomaster sold 2,493 shares of the business's stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $190.61, for a transaction totalling $475,190.73. Following the completion of the sale, the chief accounting officer now directly owns 6,823 shares of the company's stock, valued at $1,300,532.03. Learn More on Thomas J. Burgomaster'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 8 times. They sold a total of 47,902 shares worth more than $4,349,595.40. 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.

Thomas J. Burgomaster Insider Trading History at IPG Photonics

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/20/2020	Sell	2,493	$190.61	$475,190.73	6,823
9/1/2020	Sell	8,150	$159.74	$1,301,881.00	9,950
7/21/2020	Sell	1,690	$181.82	$307,275.80	6,941
7/15/2020	Sell	2,331	$170.09	$396,479.79	8,446
7/3/2019	Sell	836	$157.02	$131,268.72
7/1/2019	Sell	626	$158.83	$99,427.58	6,951
6/21/2019	Sell	621	$145.75	$90,510.75	7,577
12/2/2018	Sell	294	$93.70	$27,547.80	6,037
11/27/2018	Sell	200	$92.48	$18,496.00	6,037
11/11/2018	Sell	637	$90.85	$57,871.45	6,037

Thomas J. Burgomaster 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: $74.88

$73.24

$75.60

50 Day Range

MA: $75.33

$64.78

$85.75

2 Week Range

Now: $74.88

$61.86

$111.11

Volume

105,117 shs

Average Volume

263,793 shs

Market Capitalization

$3.24 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.98