Last updated: 15 June 2021 at 4:36pm EST

Igor Samartsev Net Worth




The estimated Net Worth of Igor Samartsev is at least $13.5 Million dollars as of 1 November 2019. Mr. Samartsev owns over 800 units of IPG Photonics Corp stock worth over $8,616,818 and over the last 17 years he sold IPGP stock worth over $4,896,915. In addition, he makes $0 as Chief Technology Officer and Director at IPG Photonics Corp.

Mr. Samartsev IPGP stock SEC Form 4 insiders trading

Igor has made over 17 trades of the IPG Photonics Corp stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 800 units of IPGP stock worth $107,720 on 1 November 2019.

The largest trade he's ever made was exercising 20,000 units of IPG Photonics Corp stock on 13 December 2016 worth over $393,800. On average, Igor trades about 2,395 units every 48 days since 2008. As of 1 November 2019 he still owns at least 136,450 units of IPG Photonics Corp stock.

You can see the complete history of Mr. Samartsev stock trades at the bottom of the page.





Igor Samartsev biography

Igor Samartsev serves as Chief Technology Officer, Director of the Company. Since 2011, Mr. Samartsev has served as our Chief Technology Officer. Prior to that time, he served in management and technical leadership roles at NTO IRE-Polus, our subsidiary in Russia. Mr. Samartsev holds an M.S. in Physics from the Moscow Institute of Physics and Technology. 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, components and products spanning our global development centers that form part of the Company’s strategic plan, the Board values Mr. Samartsev’s understanding of technology developments at our company.



How old is Igor Samartsev?

Igor Samartsev is 57, he's been the Chief Technology Officer and Director of IPG Photonics Corp since 2011. There are 13 older and 7 younger executives at IPG Photonics Corp. The oldest executive at IPG Photonics Corp is Valentin Gapontsev, 81, who is the Chairman of the Board, Chief Executive Officer.

What's Igor Samartsev's mailing address?

Igor's mailing address filed with the SEC is C/O IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD, MA, 01540.

Insiders trading at IPG Photonics Corp

Over the last 18 years, insiders at IPG Photonics Corp have traded over $241,525,468 worth of IPG Photonics Corp stock and bought 9,089 units worth $754,369 . The most active insiders traders include Associates Inc Ta, Ix Lp Ta, and Associates Ix Llc Ta. On average, IPG Photonics Corp executives and independent directors trade stock every 11 days with the average trade being worth of $542,395. The most recent stock trade was executed by Jeanmarie F. Desmond on 30 May 2024, trading 985 units of IPGP stock currently worth $83,922.



What does IPG Photonics Corp do?

IPG Photonics is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications.



What does IPG Photonics Corp's logo look like?

IPG Photonics Corp logo

Complete history of Mr. Samartsev stock trades at IPG Photonics Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Nov 2019 Igor Samartsev
SVP and Chief Technology Officer
Sale 800 $134.65 $107,720
1 Nov 2019
136,450
1 Aug 2019 Igor Samartsev
SVP and Chief Technology Officer
Sale 800 $130.01 $104,008
1 Aug 2019
137,250
1 May 2019 Igor Samartsev
SVP and Chief Technology Officer
Sale 800 $172.10 $137,680
1 May 2019
138,050
2 Jan 2018 Igor Samartsev
SVP and Chief Technology Officer
Option 8,000 $60.11 $480,880
2 Jan 2018
357,284
17 Nov 2017 Igor Samartsev
SVP and Chief Technology Officer
Sale 1,850 $234.10 $433,085
17 Nov 2017
79,150
30 May 2017 Igor Samartsev
SVP and Chief Technology Officer
Sale 2,000 $140.14 $280,280
30 May 2017
54,000
24 Apr 2017 Igor Samartsev
SVP and Chief Technology Officer
Option 9,000 $58.65 $527,850
24 Apr 2017
358,084
20 Mar 2017 Igor Samartsev
SVP and Chief Technology Officer
Option 10,900 $53.76 $585,984
20 Mar 2017
360,184
24 Jan 2017 Igor Samartsev
SVP and Chief Technology Officer
Option 15,000 $15.82 $237,300
24 Jan 2017
363,850
13 Dec 2016 Igor Samartsev
SVP and Chief Technology Officer
Option 20,000 $19.69 $393,800
13 Dec 2016
368,970
8 Dec 2016 Igor Samartsev
SVP and Chief Technology Officer
Sale 4,000 $98.95 $395,800
8 Dec 2016
81,000
6 Mar 2015 Igor Samartsev
SVP and Chief Technology Officer
Option 13,125 $8.26 $108,413
6 Mar 2015
361,660
9 Feb 2015 Igor Samartsev
SVP and Chief Technology Officer
Sale 15,456 $85.29 $1,318,242
9 Feb 2015
346,912
27 Dec 2013 Igor Samartsev
SVP and Chief Technology Officer
Sale 15,000 $76.10 $1,141,500
27 Dec 2013
362,184
12 Sep 2012 Igor Samartsev
SVP and Chief Technology Officer
Sale 15,000 $65.24 $978,600
12 Sep 2012
375,884
28 Mar 2012 Igor Samartsev
SVP and Chief Technology Officer
Option 6,250 $8.26 $51,625
28 Mar 2012
390,884
5 May 2011 Igor Samartsev
SVP and Chief Technology Officer
Option 15,287 $5.74 $87,747
5 May 2011
933,789


IPG Photonics Corp executives and stock owners

IPG Photonics Corp executives and other stock owners filed with the SEC include: