IPG PHOTONICS CORP

Ticker: IPGP CUSIP: 44980X109 Class: Common Stock

Intrinsic Edge Capital Management LLC's Holding History (CIK: 0001671754)

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

Q2 2017

Shares 26,600 Value ($000) $3,860 Avg Close $134.25 Range $116.82 - $149.29

Q4 2016

Shares 37,394 Value ($000) $3,691 Avg Close $93.27 Range $81.00 - $102.46

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	26,600	$3,860	$134.25	$116.82 - $149.29
Q4 2016	37,394	$3,691	$93.27	$81.00 - $102.46