Wall Street Legend: “Millions of investors will be taken by surprise”

The New York Times called him "an icon among growth stock investors." The Wall Street Journal said "Most money managers can only dream of having the same success" he's had. His investment fund produced a 4,000% return over a 15-year span, outperforming even the great Warren Buffett. His name is Louis Navellier.

And he's just issued an astonishing financial prediction.

Jeffrey D. Lorenzen net worth and biography

Jeffrey Lorenzen Biography and Net Worth

EVP of American Equity Investment Life

Jeffrey D. Lorenzen, CFA, is Executive Vice President and Chief Risk Officer of American Equity Investment Life Holding Company and American Equity Investment Life Insurance Company.

Prior to joining American Equity as Senior Vice President and Chief Investment Officer in February 2009, he was the President and Chief Investment Officer of WB Capital Management Inc., a wholly-owned subsidiary of West Bancorporation, Inc. He also served on the board of directors for WB Capital Management, Inc., and was a member of the management committee of West Bancorporation (Nasdaq; WTBA). Prior to 2006, Mr. Lorenzen was President and Chief Investment Officer of Investors Management Group, where he spent 14 years in a variety of investment leadership positions. He started his career at Statesman as a high-yield credit analyst in 1989.

Mr. Lorenzen received his B.B.A. in finance from the University of Iowa and and M.B.A. from Drake University. He earned his Chartered Financial Analyst (CFA) designation in 1993. Mr. Lorenzen has more than 25 years of experience in the investment and life insurance industries.

What is Jeffrey D. Lorenzen's net worth?: The estimated net worth of Jeffrey D. Lorenzen is at least $1.74 million as of September 21st, 2023. Mr. Lorenzen owns 30,900 shares of American Equity Investment Life stock worth more than $1,744,923 as of December 14th. This net worth approximation does not reflect any other investments that Mr. Lorenzen may own. Additionally, Mr. Lorenzen receives an annual salary of $1,080,000.00 as EVP at American Equity Investment Life. Learn More about Jeffrey D. Lorenzen's net worth.
How old is Jeffrey D. Lorenzen?: Mr. Lorenzen is currently 58 years old. There are 5 older executives and no younger executives at American Equity Investment Life. The oldest executive at American Equity Investment Life is Mr. James Louis Hamalainen, Executive VP & Chief Investment Officer, who is 59 years old. Learn More on Jeffrey D. Lorenzen's age.
What is Jeffrey D. Lorenzen's salary?: As the EVP of American Equity Investment Life Holding, Mr. Lorenzen earns $1,080,000.00 per year. There are 3 executives that earn more than Mr. Lorenzen. The highest earning executive at American Equity Investment Life is Mr. Anant Bhalla, President and Chief Executive Officer, who commands a salary of $4,780,000.00 per year. Learn More on Jeffrey D. Lorenzen's salary.
How do I contact Jeffrey D. Lorenzen?: The corporate mailing address for Mr. Lorenzen and other American Equity Investment Life executives is 6000 Westown Parkway, West Des Moines IA, 50266. American Equity Investment Life can also be reached via phone at (515) 221-0002 and via email at [email protected]. Learn More on Jeffrey D. Lorenzen's contact information.
Has Jeffrey D. Lorenzen been buying or selling shares of American Equity Investment Life?: Jeffrey D. Lorenzen has not been actively trading shares of American Equity Investment Life over the course of the past ninety days. Most recently, Jeffrey D. Lorenzen sold 97,395 shares of the business's stock in a transaction on Thursday, September 21st. The shares were sold at an average price of $53.85, for a transaction totalling $5,244,720.75. Following the completion of the sale, the vice president now directly owns 30,900 shares of the company's stock, valued at $1,663,965. Learn More on Jeffrey D. Lorenzen's trading history.
Who are American Equity Investment Life's active insiders?: American Equity Investment Life's insider roster includes Axel André (CFO), Anant Bhalla (President and Chief Executive Officer), Joyce Chapman (Director), Ronald Grensteiner (EVP), James Hamalainen (EVP), Robert Howe (Director), Ted Johnson (CFO), Jeffrey Lorenzen (EVP), John Matovina (Director), Alan Matula (Director), David Mulcahy (Director), and Gerard Neugent (Director). Learn More on American Equity Investment Life's active insiders.

Jeffrey D. Lorenzen Insider Trading History at American Equity Investment Life

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/21/2023	Sell	97,395	$53.85	$5,244,720.75	30,900
8/9/2022	Sell	25,000	$40.00	$1,000,000.00	36,439
1/7/2022	Sell	20,000	$41.10	$822,000.00
6/28/2019	Sell	12,413	$27.25	$338,254.25	41,030
2/18/2016	Buy	1,824	$13.70	$24,988.80	19,505
1/6/2016	Buy	2,680	$21.95	$58,826.00	17,681

Jeffrey D. Lorenzen Buying and Selling Activity at American Equity Investment Life

American Equity Investment Life Company Overview

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. The company was incorporated in 1995 and is based in West Des Moines, Iowa.

Today's Range

Now: $56.47

$56.11

$57.29

50 Day Range

MA: $56.20

$55.11

$56.51

2 Week Range

Now: $56.47

$37.54

$57.29

Volume

25,373,600 shs

Average Volume

887,211 shs

Market Capitalization

$4.49 billion

P/E Ratio

26.39

Dividend Yield

0.67%

Beta

0.78

Wall Street Legend: “Millions of investors will be taken by surprise”

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