Coherent CFO Sherri Luther Sells 3,000 Shares
Luther still owns 64,475 shares following the sale, showing continued alignment with the success of the company.
Overview
Sherri R. Luther, Chief Financial Officer of Coherent (NYSE:COHR), sold 3,000 shares of common stock on Aug. 18, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($324); post-transaction value based on Aug. 18, 2026, market close ($306.43).
Details
Coherent is a leading provider of advanced laser technologies, with a market capitalization of $51.7 billion and TTM revenue of $7.1 billion, reflecting substantial scale in the hardware and equipment sector. The company's dual-segment business model provides diversified revenue streams and positions Coherent at the intersection of critical technology trends in manufacturing, semiconductors, and scientific innovation. With a workforce of 51,478 employees and demonstrated operational profitability (TTM net income of $769.9 million), Coherent maintains a competitive advantage through its vertically integrated approach to laser technology development and its established relationships across key industrial verticals.
Source
Originally published at www.fool.com.