IPG Photonics Corporation develops, manufactures and sells fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, primarily in materials processing. Its portfolio of laser solutions is used in materials processing, communications, medical and advanced applications. Its laser products are based on a technology platform using many of the same core components, such as semiconductor diodes and specialty fibers. It offers products in different configurations according to the desired application, including modules, rack-mounted units, and tabletop units. Its laser products include medium (1 to 999 watts) and high (1,000 watts and above) output power lasers from 0.3 to 4.5 microns in wavelength. It manufactures and sells accessories that include high power optical fiber delivery cables, fiber couplers, beam switches, chillers, and scanners for its fiber lasers. It sells its products to original equipment manufacturers (OEMs), system integrators and end users.
During the most recent quarter, 3K shares were bought, and 35K shares were sold in insider trading.
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