Valentin P. Gapontsev

IPGP

CEO & CHAIRMAN OF THE BOARD · IPG PHOTONICS CORP · CIK 0001130421

FILING MIX · LIFETIME0%/100%

BUYS

SELLS

TOTAL VALUE

$17.18M

COMPANIES

ACTIVE SINCE

Nov 2020

HOLDINGS NOW

298,938

AVG SELL PX

$202.15

Trades · vs SPY

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Performance · forward returns vs SPY

16 backtested trades · 8 horizons

Forward-return performance of every backtestable P/S trade by Valentin P. Gapontsev, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	16	+62.50%	+0.34%	-0.09%	+0.44%	+0.64%	—
14d	16	+25.00%	+1.68%	+1.51%	+0.17%	-0.30%	—
30d	16	+0.00%	+5.05%	+2.61%	+2.44%	+2.20%	—
60d	16	+0.00%	+22.05%	+5.88%	+16.17%	+16.97%	—
90d	16	+0.00%	+24.32%	+9.69%	+14.63%	+14.67%	—
180d	16	+100.00%	-4.85%	+15.79%	-20.64%	-20.78%	—
1y	16	+100.00%	-15.18%	+32.46%	-47.63%	-47.71%	—
2y	16	+100.00%	-53.73%	+13.79%	-67.52%	-66.91%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

IPGP · 298,938 shares · as of Nov 17, 2020

Trading cadence · quarterly flow

BUY ● SELL ●

2020

FLOW · 0 buys / 16 sellsCOVERAGE · 1 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	300	$201.75	$60.5K	298,638	Nov 17, 2020	Nov 19, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	13,197	$198.95	$2.63M	301,612	Nov 17, 2020	Nov 19, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	2,674	$199.79	$534.2K	298,938	Nov 17, 2020	Nov 19, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	1,027	$203.78	$209.3K	314,809	Nov 16, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	200	$202.34	$40.5K	315,836	Nov 16, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	17,602	$201.04	$3.54M	316,036	Nov 16, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	1,200	$203.30	$244.0K	343,386	Nov 13, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	12,245	$201.20	$2.46M	346,393	Nov 13, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	2,300	$204.58	$470.5K	341,086	Nov 13, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	1,807	$202.54	$366.0K	344,586	Nov 13, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	2,073	$206.28	$427.6K	333,638	Nov 13, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	5,375	$205.49	$1.10M	335,711	Nov 13, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	6,308	$202.92	$1.28M	377,330	Nov 12, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	6,892	$204.60	$1.41M	360,949	Nov 12, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	9,489	$203.58	$1.93M	367,841	Nov 12, 2020	Nov 16, 2020 ↗
IPGP IPG PHOTONICS CORP	SALE CEO & Chairman of the Board	2,311	$205.78	$475.6K	358,638	Nov 12, 2020	Nov 16, 2020 ↗

Other insiders · IPGP

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About this filer

CIK 0001130421

ROLE

CEO & Chairman of the Board

PRIMARY

IPGP

COMPANIES

ACTIVE SINCE

Nov 2020

MARKETPEEL · /INSIDER/0001130421DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

Valentin P. Gapontsev

The morning brief, before the bell.