The estimated net worth of Dr. Alexander Ovtchinnikov is at least $28,244,724 as of 12 Jul 2023. He owns shares worth
$4,932,095 as insider, has earned $9,754,789
from insider trading and has received compensation worth at least
$13,557,840 in IPG Photonics Corporation.
What is the salary of Alexander Ovtchinnikov?
Dr. Alexander Ovtchinnikov salary is $797,520 per year
as Senior Vice President of Components in IPG Photonics Corporation.
How old is Alexander Ovtchinnikov?
Dr. Alexander Ovtchinnikov is 64 years old, born in 1961.
What stocks does Alexander Ovtchinnikov currently own?
As insider, Dr. Alexander Ovtchinnikov owns shares in one company:
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. The company's 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. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for interconnecting electronic equipment, including Ethernet switches, IP routers and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operators, and data center networking applications. It's lasers and amplifiers are also used in materials processing, communications, and medical and advanced applications. 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 Oxford, Massachusetts.
Dr. Alexander Ovtchinnikov has made 61 insider trades between 2008-2023, according to the Form 4 filled with the SEC. Most recently he sold
1,934 units of IPGP stock worth $270,760 on 12 Jul 2023.
The largest trade he's
ever made was exercising 30,400 units of IPGP stock
on 20 Apr 2016. As of 12 Jul 2023
he still owns at least 63,995 units of IPGP stock.
