-+ 0.00%
-+ 0.00%
-+ 0.00%

Coherent CEO and Board Chair Add $1.22 Million in Company Stock

Barchart·11/12/2026 17:42:17
Listen to the news

Coherent ($COHR) CEO Jim Anderson and board chair Enrico DiGirolamo purchased a combined $1.22 million of company stock on November 9–10, according to filings disclosed November 12. The purchases followed the photonics company’s November 4 earnings release, which reported 50% annual revenue growth.

  • Anderson purchased 5,000 shares at $199.48 each, spending $997,400 and increasing his direct holdings to 190,287 shares.
  • DiGirolamo purchased 1,000 shares at $222.885 each for $222,885, bringing his direct holdings to 11,644 shares, according to insider filings.
  • Fiscal first-quarter revenue reached $2.37 billion. Adjusted earnings rose to $2.09 per share from $1.16 a year earlier.
  • Coherent disclosed a PhotonLink agreement valued at approximately $20 billion over five years, with revenue expected to begin ramping in early 2028.
  • Shares closed November 11 at $234.51, up 9.25% that day, before trading near $223 in November 12 premarket activity. The supplied chart showed shares remained roughly 25% lower over one month.

Relevant Companies

  • Coherent ($COHR): CEO and board chair increased their holdings following quarterly results.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.