Alexander F. Stern net worth and biography

Alexander Stern Biography and Net Worth

President of Lazard

Alex Stern became President of Lazard in June 2019. In addition, in December 2020, Alex became Executive Chairman and a director of Lazard Growth Acquisition Corp. I. He has served as a Managing Director of Lazard since 2002, and prior to becoming President was Chief Executive Officer of Lazard’s Financial Advisory business since April 2015, Chief Operating Officer of Lazard since November 2008 and Global Head of Strategy since February 2006. Alex initially joined Lazard in 1994 and previously held various positions with Patricof & Co. Ventures and IBM.

Alex is Chairman of the LUNGevity Foundation and a member of the Board of Advisors for the School of Engineering and Applied Sciences of the University of Pennsylvania.

Alex earned a B.S. from Duke University. He also received an M.B.A. from the University of Pennsylvania, Wharton School and an M.S.E. from the School of Engineering and Applied Science at the University of Pennsylvania.

What is Alexander F. Stern's net worth?: The estimated net worth of Alexander F. Stern is at least $2.90 million as of November 29th, 2022. Mr. Stern owns 50,258 shares of Lazard stock worth more than $2,899,887 as of November 23rd. This net worth evaluation does not reflect any other assets that Mr. Stern may own. Learn More about Alexander F. Stern's net worth.
How do I contact Alexander F. Stern?: The corporate mailing address for Mr. Stern and other Lazard executives is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM II. Lazard can also be reached via phone at (212) 632-6000 and via email at [email protected]. Learn More on Alexander F. Stern's contact information.
Has Alexander F. Stern been buying or selling shares of Lazard?: Alexander F. Stern has not been actively trading shares of Lazard during the last ninety days. Most recently, Alexander F. Stern sold 49,000 shares of the business's stock in a transaction on Tuesday, November 29th. The shares were sold at an average price of $36.39, for a transaction totalling $1,783,110.00. Following the completion of the sale, the president now directly owns 50,258 shares of the company's stock, valued at $1,828,888.62. Learn More on Alexander F. Stern's trading history.
Who are Lazard's active insiders?: Lazard's insider roster includes Scott Hoffman (CAO), Kenneth Jacobs (Executive Chairman), Dominick Ragone, III (CAO), Evan Russo (CEO), and Alexander Stern (President). Learn More on Lazard's active insiders.
Are insiders buying or selling shares of Lazard?: During the last twelve months, insiders at the asset manager sold shares 9 times. They sold a total of 665,882 shares worth more than $29,307,403.69. The most recent insider tranaction occured on September, 3rd when Chairman Kenneth M Jacobs sold 87,770 shares worth more than $4,219,981.60. Insiders at Lazard own 3.9% of the company. Learn More about insider trades at Lazard.
Information on this page was last updated on 9/3/2024.

Alexander F. Stern Insider Trading History at Lazard

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/29/2022	Sell	49,000	$36.39	$1,783,110.00	50,258
5/31/2022	Sell	70,000	$35.29	$2,470,300.00	209,258
8/20/2021	Sell	90,000	$45.50	$4,095,000.00
8/20/2020	Sell	17,727	$30.98	$549,182.46	250,328
8/18/2020	Sell	64,893	$31.59	$2,049,969.87	250,328
3/3/2020	Sell	50,000	$37.95	$1,897,500.00	421,443
3/5/2018	Sell	65,160	$53.12	$3,461,299.20	276,886
3/2/2018	Sell	15,160	$53.47	$810,605.20	276,886
5/11/2017	Sell	65,000	$44.75	$2,908,750.00
3/3/2015	Sell	63,000	$50.80	$3,200,400.00
2/20/2014	Sell	44,312	$44.56	$1,974,542.72
2/12/2014	Sell	61,877	$42.87	$2,652,666.99
3/12/2013	Sell	60,000	$36.56	$2,193,600.00

Alexander F. Stern Buying and Selling Activity at Lazard

Lazard Company Overview

Lazard, Inc., together with its subsidiaries, operates as a financial advisory and asset management firm in North and South America, Europe, the Middle East, Asia, and Australia. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers financial advisory services, such as mergers and acquisitions, capital markets, shareholder, sovereign, geopolitical advisory, and other strategic advisory services, as well as restructuring and liability management, and capital raising and placement services. This segment offers its services to corporate, partnership, institutional, government, sovereign, and individual clients to various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, real estate, technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions; investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.

Today's Range

Now: $57.70

$57.05

$57.93

50 Day Range

MA: $52.49

$48.35

$61.01

2 Week Range

Now: $57.70

$27.14

$61.14

Volume

796,988 shs

Average Volume

939,915 shs

Market Capitalization

$6.51 billion

P/E Ratio

22.99

Dividend Yield

3.50%

Beta

1.38

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