Thomas J. Seifert net worth and biography

Thomas Seifert Biography and Net Worth

Director of IPG Photonics

Thomas J. Seifert has served as a member of IPG’s Board since June 2014. Mr. Seifert has been the Chief Financial Officer of Cloudflare, a provider of content delivery network and Internet security services, since June 2017. Mr. Seifert served as Executive Vice President and Chief Financial Officer of Symantec Corporation, a provider of security, backup and availability solutions, from March 2014 to April 2017. He was Executive Vice President and Chief Financial Officer of Brightstar Corporation, a wireless distribution and services company, from December 2012 to March 2014. He served as Senior Vice President and Chief Financial Officer at Advanced Micro Devices Inc., a semiconductor company, from October 2009 to August 2012, and served as Interim Chief Executive Officer from January 2011 to September 2012. From October 2008 to August 2009, Mr. Seifert served as Chief Operating Officer and Chief Financial Officer of Qimonda AG, a German memory chip manufacturer, and as Chief Operating Officer from June 2004 to October 2008. He also held executive positions at Infineon AG, White Oak Semiconductor, including the position as Chief Executive Officer, and Altis Semiconductor. Mr. Seifert has a Bachelor's degree and a Master's degree in Business Administration from Friedrich Alexander University and a Master's degree in Mathematics and Economics from Wayne State University.

What is Thomas J. Seifert's net worth?: The estimated net worth of Thomas J. Seifert is at least $18.67 million as of December 18th, 2024. Mr. Seifert owns 252,869 shares of IPG Photonics stock worth more than $18,671,847 as of December 21st. This net worth approximation does not reflect any other assets that Mr. Seifert may own. Learn More about Thomas J. Seifert's net worth.
How do I contact Thomas J. Seifert?: The corporate mailing address for Mr. Seifert 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. Seifert's contact information.
Has Thomas J. Seifert been buying or selling shares of IPG Photonics?: Thomas J. Seifert has not been actively trading shares of IPG Photonics during the past quarter. Most recently, Thomas J. Seifert sold 11,370 shares of the business's stock in a transaction on Monday, December 7th. The shares were sold at an average price of $212.98, for a transaction totalling $2,421,582.60. Following the completion of the sale, the director now directly owns 12,276 shares of the company's stock, valued at $2,614,542.48. Learn More on Thomas J. Seifert'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.

Thomas J. Seifert Insider Trading History at IPG Photonics

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/7/2020	Sell	11,370	$212.98	$2,421,582.60	12,276
6/5/2017	Sell	2,849	$141.47	$403,048.03	9,180
12/15/2016	Sell	990	$100.02	$99,019.80	6,588

Thomas J. Seifert 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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