IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

Old West Investment Management, LLC's Holding History (CIK: 0001549358)

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

Q4 2025

Shares 38,512 Value ($000) $2,757 Avg Close $81.59 Range $71.38 - $92.21

Q3 2025

Shares 20,842 Value ($000) $1,650 Avg Close $78.12 Range $66.82 - $85.29

Q2 2025

Shares 8,757 Value ($000) $601 Avg Close $62.38 Range $48.59 - $70.75

Q1 2021

Shares 1,000 Value ($000) $210 Avg Close $227.23 Range $197.09 - $262.55

Q4 2020

Shares 1,000 Value ($000) $223 Avg Close $200.31 Range $167.88 - $227.09

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	38,512	$2,757	$81.59	$71.38 - $92.21
Q3 2025	20,842	$1,650	$78.12	$66.82 - $85.29
Q2 2025	8,757	$601	$62.38	$48.59 - $70.75
Q1 2021	1,000	$210	$227.23	$197.09 - $262.55
Q4 2020	1,000	$223	$200.31	$167.88 - $227.09