Scott William  Drake net worth and biography

Scott Drake Biography and Net Worth

Director of AtriCure
Scott William Drake serves as Independent Chairman of the Board of the Company. Mr. Drake has served as one of our directors since September 2013 and as the Chairman of the Board since May 2018. Mr. Drake currently serves as the President and Chief Executive Officer of ViewRay, a publicly-held medical device company with global operations in radiation therapy and imaging technologies. Previously, Mr. Drake was the President, Chief Executive Officer, and member of the Board of Directors of The Spectranetics Corporation from 2011 to 2017. Spectranetics, acquired by Royal Philips in August of 2017, was a publicly-held medical device company that developed, manufactured and distributed single-use medical devices used in minimally invasive procedures within the cardiovascular system. Prior to joining Spectranetics, Mr. Drake served as Senior Vice President, Operations, of DaVita, Inc., a leading U.S. provider of kidney care and dialysis. Previously, Mr. Drake spent 17 years in several leadership positions within numerous healthcare business units at Covidien. From 2006 to 2009, he was President of Covidien’s Respiratory and Monitoring Solutions Global Business Unit, a $1.5 billion business with 8,000 employees. Mr. Drake has also served on the Board of Directors for The Zayo Group Holdings, Inc. since November 2018. Mr. Drake is Chairperson of the AdvaMed Radiation Therapy Sector and a board member of the Medical Device Manufacturers Association (MDMA). Mr. Drake earned a B.S. in Business Administration from Miami University of Ohio.

What is Scott William Drake's net worth?

The estimated net worth of Scott William Drake is at least $141.05 million as of May 10th, 2022. Mr. Drake owns 3,994,730 shares of AtriCure stock worth more than $141,053,916 as of November 14th. This net worth estimate does not reflect any other investments that Mr. Drake may own. Learn More about Scott William Drake's net worth.

How do I contact Scott William Drake?

The corporate mailing address for Mr. Drake and other AtriCure executives is 7555 INNOVATION WAY, MASON OH, 45040. AtriCure can also be reached via phone at (513) 755-4100 and via email at [email protected]. Learn More on Scott William Drake's contact information.

Has Scott William Drake been buying or selling shares of AtriCure?

Scott William Drake has not been actively trading shares of AtriCure during the past quarter. Most recently, Scott William Drake sold 4,631 shares of the business's stock in a transaction on Monday, May 10th. The shares were sold at an average price of $76.52, for a transaction totalling $354,364.12. Following the completion of the sale, the director now directly owns 79,677 shares of the company's stock, valued at $6,096,884.04. Learn More on Scott William Drake's trading history.

Who are AtriCure's active insiders?

AtriCure's insider roster includes Tonya Austin (Insider), Mark Collar (Director), Vinayak Doraiswamy (Insider), Scott Drake (Director), Regina Groves (Director), David Grumhaus, Jr. (Portfolio Manager), Justin Noznesky (Insider), Salvatore Privitera (Insider), Douglas Seith (COO), Sven Wehrwein (Director), and Angela Wirick (CFO). Learn More on AtriCure's active insiders.

Are insiders buying or selling shares of AtriCure?

During the last year, AtriCure insiders bought shares 1 times. They purchased a total of 5,000 shares worth more than $111,250.00. During the last year, insiders at the medical device company sold shares 6 times. They sold a total of 18,116 shares worth more than $589,176.76. The most recent insider tranaction occured on August, 15th when Director Maggie Yuen sold 3,500 shares worth more than $84,245.00. Insiders at AtriCure own 3.2% of the company. Learn More about insider trades at AtriCure.

Information on this page was last updated on 8/15/2024.

Scott William Drake Insider Trading History at AtriCure

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/10/2021Sell4,631$76.52$354,364.1279,677View SEC Filing Icon  
5/7/2021Sell38,641$77.90$3,010,133.9079,677View SEC Filing Icon  
11/17/2020Buy12,350$40.54$500,669.0041,036View SEC Filing Icon  
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Scott William Drake Buying and Selling Activity at AtriCure

This chart shows Scott William Drake's buying and selling at AtriCure by year and by quarter.

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AtriCure Company Overview

AtriCure logo
AtriCure, Inc. develops, manufactures, and sells devices for surgical ablation of cardiac tissue, exclusion of the left atrial appendage, and temporarily blocking pain by ablating peripheral nerves to medical centers in the United States, Europe, the Asia-Pacific, and internationally. The company offers Isolator Synergy Clamps, single-use disposable radio frequency products; multifunctional pens and linear ablation devices, such as the MAX Pen device that enables surgeons to evaluate cardiac arrhythmias, perform temporary cardiac pacing, sensing, and stimulation, and ablate cardiac tissue with the same device; and the Coolrail device, which enables users to make longer linear lines of ablation. It also provides cryoICE Cryoablation System that enables the user to make linear ablations of varied lengths; EPi-Sense Systems, a single-use disposable device used for the treatment of symptomatic, drug-refractory, and long-standing persistent atrial fibrillation; cryoSPHERE probe, which provides temporary pain relief by applying cryothermic energy to targeted intercoastal peripheral nerves in the ribcage; AtriClip System, an implantable device coupled to a single-use disposable applier; and LARIAT System, a suture-based solution for soft-tissue closure. In addition, the company sells Lumitip dissectors to separate tissues to provide access to key anatomical structures that are targeted for ablation; Glidepath guides for placement of clamps; Subtle Cannula's to support access for EPi-Sense catheters; and various reusable cardiac surgery instruments. It markets and sells its products through independent distributors and direct sales personnel. The company was incorporated in 2000 and is headquartered in Mason, Ohio.
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Today's Range

Now: $35.31
Low: $35.18
High: $36.38

50 Day Range

MA: $29.72
Low: $26.14
High: $38.20

2 Week Range

Now: $35.31
Low: $18.94
High: $43.00

Volume

485,324 shs

Average Volume

726,700 shs

Market Capitalization

$1.72 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.41