The estimated net worth of Mr. Angelo P. Lopresti II is at least $25,472,096 as of 15 Mar 2021. He owns shares worth
$3,103,224 as insider, has earned $8,374,592
from insider trading and has received compensation worth at least
$13,994,280 in IPG Photonics Corporation.
What is the salary of Angelo P. Lopresti II?
Mr. Angelo P. Lopresti II salary is $777,460 per year
as Senior Vice President, Gen. Counsel & Sec. in IPG Photonics Corporation.
How old is Angelo P. Lopresti II?
Mr. Angelo P. Lopresti II is 61 years old, born in 1964.
What stocks does Angelo P. Lopresti II currently own?
As insider, Mr. Angelo P. Lopresti II 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.
Mr. Angelo P. Lopresti II has made 64 insider trades between 2007-2021, according to the Form 4 filled with the SEC. Most recently he sold
2,669 units of IPGP stock on 15 Mar 2021.
The largest trade he's
ever made was exercising 45,000 units of IPGP stock
on 2 Nov 2010. As of 15 Mar 2021
he still owns at least 40,265 units of IPGP stock.