Valentin P.  Gapontsev net worth and biography

Valentin Gapontsev Biography and Net Worth

Dr. Gapontsev has been the CEO and Chairman of the Board of IPG since our inception. Prior to founding the Company's predecessor in 1990, Dr. Gapontsev served as senior scientist in laser material physics and head of the laboratory at the Soviet Academy of Science’s Institute of Radio Engineering and Electronics in Moscow. His innovations and inventions are credited with having created the high power fiber laser industry. Dr. Gapontsev is the named inventor on over 100 patents and author of over 200 scientific papers. In 2006, he was awarded the Ernst & Young® Entrepreneur of the Year Award for Industrial Products and Services in New England and in 2009, he was awarded the Arthur L. Schawlow Award by the Laser Institute of America. In 2011, he received the Russian Federation National Award in Science and Technology, and he was selected as a Fellow of the Optical Society of America. Dr. Gapontsev holds a Ph.D. in Laser Materials from the Moscow Institute of Physics and Technology. KEY ATTRIBUTES, EXPERIENCE AND SKILLS Dr. Gapontsev is the founder of the Company and has successfully led the Company and the Board since the Company was formed to now. In the roles of CEO and Chairman of the Board, he has been responsible for formulation and execution of IPG’s strategy and providing leadership and oversight of IPG’s business during a period of rapid and profitable growth, as well as business contractions. He has over thirty years of academic research experience in the fields of solid state laser materials, laser spectroscopy and non-radiative energy transfer between rare earth ions and is the author of numerous scientific publications and several international patents. His strategic foresight and entrepreneurial spirit along with his deep scientific understanding has guided the Company’s continued growth, innovation and technology leadership. Provided by Tagnifi.

What is Valentin P. Gapontsev's net worth?

The estimated net worth of Valentin P. Gapontsev is at least $27.86 million as of November 12th, 2020. Dr. Gapontsev owns 377,330 shares of IPG Photonics stock worth more than $27,862,047 as of December 21st. This net worth estimate does not reflect any other investments that Dr. Gapontsev may own. Learn More about Valentin P. Gapontsev's net worth.

How do I contact Valentin P. Gapontsev?

The corporate mailing address for Dr. Gapontsev 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 Valentin P. Gapontsev's contact information.

Has Valentin P. Gapontsev been buying or selling shares of IPG Photonics?

Valentin P. Gapontsev has not been actively trading shares of IPG Photonics during the last quarter. Most recently, Valentin P. Gapontsev sold 18,829 shares of the business's stock in a transaction on Monday, November 16th. The shares were sold at an average price of $201.20, for a transaction totalling $3,788,394.80. Following the completion of the sale, the chief executive officer now directly owns 377,330 shares of the company's stock, valued at $75,918,796. Learn More on Valentin P. Gapontsev'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.

Valentin P. Gapontsev Insider Trading History at IPG Photonics

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/16/2020Sell18,829$201.20$3,788,394.80377,330View SEC Filing Icon  
11/12/2020Sell25,000$203.90$5,097,500.00377,330View SEC Filing Icon  
11/2/2015Sell4,300$85.21$366,403.00235,931View SEC Filing Icon  
6/4/2015Sell15,000$97.79$1,466,850.00View SEC Filing Icon  
5/4/2015Sell10,000$91.96$919,600.00View SEC Filing Icon  
4/28/2015Sell100$100.15$10,015.00View SEC Filing Icon  
4/9/2015Sell5,000$95.41$477,050.00View SEC Filing Icon  
4/6/2015Sell10,000$92.51$925,100.00View SEC Filing Icon  
12/8/2014Sell130,000$77.06$10,017,800.00View SEC Filing Icon  
10/28/2014Sell3,000$70.04$210,120.00View SEC Filing Icon  
9/18/2014Sell6,000$67.46$404,760.00View SEC Filing Icon  
8/19/2014Sell3,000$70.06$210,180.00View SEC Filing Icon  
8/18/2014Sell6,000$68.86$413,160.00View SEC Filing Icon  
6/5/2014Sell20,000$65.04$1,300,800.00View SEC Filing Icon  
See Full Table

Valentin P. Gapontsev Buying and Selling Activity at IPG Photonics

This chart shows Valentin P Gapontsev's buying and selling at IPG Photonics by year and by quarter.

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IPG Photonics Company Overview

IPG Photonics logo
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.
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Today's Range

Now: $73.84
Low: $73.42
High: $76.00

50 Day Range

MA: $77.65
Low: $72.74
High: $85.75

2 Week Range

Now: $73.84
Low: $61.86
High: $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