IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

MORGAN DEMPSEY CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001050463)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 125 Value ($000) $19 Avg Close $141.54 Range $107.52 - $162.23

Q4 2018

Shares 125 Value ($000) $14 Avg Close $132.93 Range $104.64 - $158.19

Q3 2018

Shares 128 Value ($000) $20 Avg Close $185.56 Range $153.37 - $243.43

Q2 2018

Shares 128 Value ($000) $28 Avg Close $236.00 Range $208.72 - $261.77

Q1 2018

Shares 162 Value ($000) $37,808 Avg Close $246.76 Range $213.58 - $264.11

Q4 2017

Shares 169 Value ($000) $36,188 Avg Close $212.25 Range $185.00 - $248.23

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	125	$19	$141.54	$107.52 - $162.23
Q4 2018	125	$14	$132.93	$104.64 - $158.19
Q3 2018	128	$20	$185.56	$153.37 - $243.43
Q2 2018	128	$28	$236.00	$208.72 - $261.77
Q1 2018	162	$37,808	$246.76	$213.58 - $264.11
Q4 2017	169	$36,188	$212.25	$185.00 - $248.23