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Eric Thomas Lipar net worth and biography

Eric Lipar Biography and Net Worth

Chairman & CEO of LGI Homes

Chief Executive Officer & Chairman of the Board, LGI Homes
Mr. Lipar is our Chief Executive Officer and serves as Chairman of our Board of Directors. He has served as our Chief Executive Officer since 2009, as a director since June 2013 and as Chairman of the Board since July 2013. Previously, Mr. Lipar served as our President from 2003 until 2009. Mr. Lipar has been in the residential land development business since the mid-1990s and is one of our founders. He has overseen land acquisitions, development and the sale of over 46,000 homes since our inception. Mr. Lipar currently serves on the Residential Neighborhood Development Council for the Urban Land Institute and is a member of the Policy Advisory Board for the Harvard Joint Center for Housing Studies. Through his in-depth work experience, Mr. Lipar has obtained a broad background in all aspects of residential construction, development, financing, sales and marketing. Mr. Lipar is responsible for our overall strategic leadership, working closely with our key executives to establish, implement and direct our long-range goals, strategies and policies.

Mr. Lipar brings extensive leadership, along with industry and operational experience to our Board of Directors. Through his experience, his knowledge of our operations and our markets and his professional relationships within the homebuilding industry, Mr. Lipar is highly qualified to identify important matters for review and deliberation by our Board of Directors and is instrumental in determining our corporate strategy. In addition, by serving as both the Chairman of the Board and our Chief Executive Officer, Mr. Lipar serves as an invaluable bridge between our management and our Board of Directors and ensures that they act with a common purpose.

Mr. Lipar’s extensive business knowledge, along with his demonstrated leadership capability through the growth of the Company, makes him highly qualified to continue to serve as our Chairman of the Board and our Chief Executive Officer.

What is Eric Thomas Lipar's net worth?: The estimated net worth of Eric Thomas Lipar is at least $66.39 million as of March 11th, 2024. Mr. Lipar owns 627,430 shares of LGI Homes stock worth more than $66,394,643 as of November 23rd. This net worth estimate does not reflect any other investments that Mr. Lipar may own. Additionally, Mr. Lipar receives an annual salary of $2,450,000.00 as Chairman & CEO at LGI Homes. Learn More about Eric Thomas Lipar's net worth.
How old is Eric Thomas Lipar?: Mr. Lipar is currently 53 years old. There are 3 older executives and no younger executives at LGI Homes. Learn More on Eric Thomas Lipar's age.
What is Eric Thomas Lipar's salary?: As the Chairman & CEO of LGI Homes, Inc., Mr. Lipar earns $2,450,000.00 per year. Learn More on Eric Thomas Lipar's salary.
How do I contact Eric Thomas Lipar?: The corporate mailing address for Mr. Lipar 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 Eric Thomas Lipar's contact information.
Has Eric Thomas Lipar been buying or selling shares of LGI Homes?: Eric Thomas Lipar has not been actively trading shares of LGI Homes in the last ninety days. Most recently, Eric Thomas Lipar sold 10,869 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 $1,216,784.55. Following the completion of the sale, the chief executive officer now directly owns 627,430 shares of the company's stock, valued at $70,240,788.50. Learn More on Eric Thomas Lipar'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 5 times. They sold a total of 27,925 shares worth more than $3,141,180.08. 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 12.4% of the company. Learn More about insider trades at LGI Homes.
Information on this page was last updated on 3/11/2024.

Eric Thomas Lipar Insider Trading History at LGI Homes

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/11/2024	Sell	10,869	$111.95	$1,216,784.55	627,430
2/28/2023	Sell	38,373	$104.39	$4,005,757.47	605,796
3/16/2022	Sell	32,860	$118.99	$3,910,011.40
3/16/2021	Sell	27,011	$138.58	$3,743,184.38	570,427
3/10/2021	Sell	10,000	$135.28	$1,352,800.00
9/2/2020	Sell	1,347	$120.08	$161,747.76	527,825
8/25/2020	Sell	1,733	$120.00	$207,960.00	529,172
8/4/2020	Sell	6,920	$122.20	$845,624.00	536,252
7/23/2020	Sell	100	$120.20	$12,020.00	537,825
7/8/2020	Sell	25,000	$101.44	$2,536,000.00	561,338
8/22/2019	Sell	25,000	$80.28	$2,007,000.00	528,058
5/14/2019	Sell	10,000	$70.91	$709,100.00	544,509
3/18/2019	Sell	40,478	$56.76	$2,297,531.28	591,685
4/6/2018	Sell	25,000	$73.29	$1,832,250.00	522,020
3/16/2018	Sell	40,208	$63.80	$2,565,270.40	577,630
1/16/2018	Sell	25,000	$72.03	$1,800,750.00	491,233
10/18/2017	Sell	25,000	$54.27	$1,356,750.00	504,593
7/17/2017	Sell	10,000	$42.59	$425,900.00	524,175
4/11/2017	Sell	10,000	$30.49	$304,900.00	534,175
3/16/2017	Sell	16,670	$32.29	$538,274.30	560,845
1/19/2017	Sell	10,000	$29.92	$299,200.00	517,466
9/22/2016	Sell	10,000	$36.66	$366,600.00	528,933
6/22/2016	Sell	10,000	$29.96	$299,600.00	491,433
3/16/2016	Sell	919	$21.82	$20,052.58	501,433
10/7/2015	Sell	10,000	$30.23	$302,300.00	493,357
4/7/2015	Sell	10,000	$17.55	$175,500.00
1/8/2015	Sell	10,000	$14.21	$142,100.00

Eric Thomas Lipar Buying and Selling Activity at LGI Homes

LGI Homes Company Overview

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.

Today's Range

Now: $105.82

$102.98

$105.98

50 Day Range

MA: $110.27

$100.49

$123.50

2 Week Range

Now: $105.82

$84.00

$136.89

Volume

150,328 shs

Average Volume

209,662 shs

Market Capitalization

$2.49 billion

P/E Ratio

12.69

Dividend Yield

N/A

Beta

1.97

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Eric Lipar Biography and Net Worth

What is Eric Thomas Lipar's net worth?

How old is Eric Thomas Lipar?

What is Eric Thomas Lipar's salary?

How do I contact Eric Thomas Lipar?

Has Eric Thomas Lipar been buying or selling shares of LGI Homes?

Who are LGI Homes' active insiders?

Are insiders buying or selling shares of LGI Homes?