Stephen A. Skaggs, an insider at Coherent Corp (COHR), executed a sale of 20,108 shares on November 19, 2025, at a price of $150.00 per share, totalling approximately $3.02 million. Following this transaction, Skaggs retains 20,108 shares in the company.
Coherent Corp, headquartered in Saxonburg, Pennsylvania, operates in the electrical equipment industry, focusing on engineered materials, opto-electronic components, and lasers for various markets, including industrial and communications. The company employs 30,216 full-time staff and has a market capitalisation of $22.5 billion, with a trailing P/E ratio of 89.92 and an EPS of 1.26.
Insider transactions, such as this sale, must be reported to the SEC, providing insight into the actions of company executives and board members. While this sale may raise questions, it is essential to consider that insider selling can stem from various factors, including personal financial needs or tax planning, rather than a negative outlook on the company.
Investors are encouraged to examine broader patterns of insider activity over time and across multiple insiders, rather than focusing solely on individual transactions. Coherent Corp is scheduled to report its upcoming earnings on May 5, 2026, with an estimated EPS of $1.34 and revenue of $1.7 billion, followed by another report on August 11, 2026, with an estimated EPS of $1.44 and revenue of $1.8 billion.