Major Shareholder BCPE Watson Exits Coherent Corp. with $2.22 Billion Block Sale
summarizeSummary
BCPE Watson (DE) BML, LP has completed the sale of its entire stake in Coherent Corp. for over $2.22 billion, as confirmed by this Schedule 13D/A.
check_boxKey Events
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Major Institutional Investor Exits
BCPE Watson (DE) BML, LP, a significant institutional shareholder, has fully divested its entire position in Coherent Corp.
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Substantial Block Trade Completed
The reporting person sold 9,437,238 shares of Common Stock in a block trade on February 9, 2026, at a price of $235.58 per share.
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Aggregate Sale Value Exceeds $2.2 Billion
The total value of the block trade amounted to $2,223,224,528.04, representing a material transaction.
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Confirms Prior Intent to Sell
This filing finalizes the transaction previously indicated in the Form 144 filings by BCPE Watson (DE) BML, LP on February 10, 2026.
auto_awesomeAnalysis
This Schedule 13D/A confirms the completion of the block trade previously indicated in the Form 144 filings by BCPE Watson (DE) BML, LP on February 10, 2026. The institutional investor has fully divested its entire stake in Coherent Corp. through a substantial $2.22 billion sale. While the intent to sell was previously disclosed, the confirmation of the complete exit by a major institutional shareholder is a significant event, removing a large holder from the company's ownership structure and potentially impacting investor sentiment.
At the time of this filing, COHR was trading at $223.30 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $41.9B. The 52-week trading range was $45.58 to $247.15. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.