Charles Michael  Merdian net worth and biography

Charles Merdian Biography and Net Worth

CFO of LGI Homes
Charles Merdian serves as Chief Financial Officer, Treasurer of the Company. He was elected Secretary and Treasurer in 2013. Prior to becoming our Chief Financial Officer in 2010, Mr. Merdian was our Controller from 2004 through 2010. Prior to joining us in 2004, Mr. Merdian served as Accounting and Finance Manager for The Woodlands Operating Company where he specialized in accounting and financial analysis of real estate ventures, focusing primarily on residential and commercial developments. Prior to The Woodlands Operating Company, Mr. Merdian served as an accounting manager working at the Williamson-Dickie Manufacturing Co. and as a senior auditor for Coopers & Lybrand, LLP. Mr. Merdian has worked in residential real estate and homebuilding finance since 1998. Mr. Merdian is a Certified Public Accountant and is a member of the Texas Society of Certified Public Accountants.

What is Charles Michael Merdian's net worth?

The estimated net worth of Charles Michael Merdian is at least $855,286.94 as of March 11th, 2024. Mr. Merdian owns 9,458 shares of LGI Homes stock worth more than $855,287 as of December 23rd. This net worth estimate does not reflect any other investments that Mr. Merdian may own. Additionally, Mr. Merdian receives an annual salary of $1,240,000.00 as CFO at LGI Homes. Learn More about Charles Michael Merdian's net worth.

How old is Charles Michael Merdian?

Mr. Merdian is currently 54 years old. There are 5 older executives and no younger executives at LGI Homes. The oldest executive at LGI Homes is Mr. Jack Anthony Lipar, Executive Vice President of Acquisitions, who is 55 years old. Learn More on Charles Michael Merdian's age.

What is Charles Michael Merdian's salary?

As the CFO of LGI Homes, Inc., Mr. Merdian earns $1,240,000.00 per year. There are 2 executives that earn more than Mr. Merdian. The highest earning executive at LGI Homes is Mr. Eric Thomas Lipar, Chairman & CEO, who commands a salary of $2,450,000.00 per year. Learn More on Charles Michael Merdian's salary.

How do I contact Charles Michael Merdian?

The corporate mailing address for Mr. Merdian and other LGI Homes executives is 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX, 77380. LGI Homes can also be reached via phone at (281) 362-8998 and via email at [email protected]. Learn More on Charles Michael Merdian's contact information.

Has Charles Michael Merdian been buying or selling shares of LGI Homes?

Charles Michael Merdian has not been actively trading shares of LGI Homes in the last ninety days. Most recently, Charles Michael Merdian sold 6,361 shares of the business's stock in a transaction on Monday, March 11th. The shares were sold at an average price of $111.95, for a transaction totalling $712,113.95. Following the completion of the sale, the chief financial officer now directly owns 9,458 shares of the company's stock, valued at $1,058,823.10. Learn More on Charles Michael Merdian's trading history.

Who are LGI Homes' active insiders?

LGI Homes' insider roster includes Rachel Eaton (CMO), Ryan Edone (Director), Scott Garber (General Counsel), Scott Garber (General Counsel), Eric Lipar (Chairman & CEO), Jack Lipar (VP), Charles Merdian (CFO), Maria Sharpe (Director), Steven Smith (Director), Michael Snider (COO), and Robert Vahradian (Director). Learn More on LGI Homes' active insiders.

Are insiders buying or selling shares of LGI Homes?

During the last year, insiders at the financial services provider sold shares 4 times. They sold a total of 26,435 shares worth more than $2,944,291.48. The most recent insider tranaction occured on March, 11th when COO Michael Larry Snider sold 7,993 shares worth more than $879,709.58. Insiders at LGI Homes own 12.2% of the company. Learn More about insider trades at LGI Homes.

Information on this page was last updated on 3/11/2024.

Charles Michael Merdian Insider Trading History at LGI Homes

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/11/2024Sell6,361$111.95$712,113.959,458View SEC Filing Icon  
2/28/2023Sell13,950$104.39$1,456,240.5015,482View SEC Filing Icon  
3/16/2021Sell9,346$138.58$1,295,168.68115,562View SEC Filing Icon  
3/15/2019Sell12,000$57.20$686,400.00View SEC Filing Icon  
3/16/2018Sell16,967$63.80$1,082,494.60100,497View SEC Filing Icon  
3/16/2017Sell4,255$32.29$137,393.9569,407View SEC Filing Icon  
See Full Table

Charles Michael Merdian Buying and Selling Activity at LGI Homes

This chart shows Charles Michael Merdian's buying and selling at LGI Homes by year and by quarter.

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LGI Homes Company Overview

LGI Homes logo
LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties. It serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.
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Today's Range

Now: $90.43
Low: $89.31
High: $91.85

50 Day Range

MA: $105.53
Low: $90.27
High: $116.19

2 Week Range

Now: $90.43
Low: $84.00
High: $136.89

Volume

201,089 shs

Average Volume

210,791 shs

Market Capitalization

$2.13 billion

P/E Ratio

10.84

Dividend Yield

N/A

Beta

1.99