Forced out of retirement by these trades

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Erik Weaver Biography and Net Worth

CFO of Life Time Group

Erik Weaver joined the Company in 2004 and has served in increasing roles of responsibility, including as the Company's Assistant Controller from 2016 to 2018, as Vice President and Controller from 2018 to April 2022 and as Senior Vice President and Controller, as well as principal accounting officer, since April 2022. As Senior Vice President and Controller, he was responsible for the Company's accounting, financial reporting and tax functions. Weaver served as the Company's Interim Chief Financial Officer since January 1, 2024 before being named Chief Financial Officer on August 1, 2024. His financial leadership has played an important role in positioning the Company for growth. Weaver holds a Master of Business Administration from Hamline University and earned a B.S. degree in accounting from St. Cloud State University.

What is Erik Weaver's net worth?: The estimated net worth of Erik Weaver is at least $1.67 million as of October 15th, 2024. Mr. Weaver owns 75,866 shares of Life Time Group stock worth more than $1,666,017 as of December 23rd. This net worth approximation does not reflect any other investments that Mr. Weaver may own. Learn More about Erik Weaver's net worth.
How old is Erik Weaver?: Mr. Weaver is currently 45 years old. There are 5 older executives and no younger executives at Life Time Group. The oldest executive at Life Time Group is Mr. Bahram Akradi, Founder, Chairman & CEO, who is 63 years old. Learn More on Erik Weaver's age.
How do I contact Erik Weaver?: The corporate mailing address for Mr. Weaver and other Life Time Group executives is , , . Life Time Group can also be reached via phone at 952-947-0000 and via email at [email protected]. Learn More on Erik Weaver's contact information.
Has Erik Weaver been buying or selling shares of Life Time Group?: Over the course of the past ninety days, Erik Weaver has sold $120,652.56 in Life Time Group stock. Most recently, Erik Weaver sold 4,662 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $25.88, for a transaction totalling $120,652.56. Following the completion of the sale, the chief financial officer now directly owns 75,866 shares of the company's stock, valued at $1,963,412.08. Learn More on Erik Weaver's trading history.
Who are Life Time Group's active insiders?: Life Time Group's insider roster includes Bahram Akradi (Founder, Chairman & CEO), John Danhakl (Director), Robert Houghton (CFO), and Erik Weaver (CFO). Learn More on Life Time Group's active insiders.
Are insiders buying or selling shares of Life Time Group?: In the last twelve months, Life Time Group insiders bought shares 1 times. They purchased a total of 39,000 shares worth more than $653,640.00. In the last twelve months, insiders at the sold shares 6 times. They sold a total of 4,413,759 shares worth more than $92,681,066.77. The most recent insider tranaction occured on November, 22nd when EVP Parham Javaheri sold 168,000 shares worth more than $4,127,760.00. Insiders at Life Time Group own 12.5% of the company. Learn More about insider trades at Life Time Group.
Information on this page was last updated on 11/22/2024.

Erik Weaver Insider Trading History at Life Time Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/15/2024	Sell	4,662	$25.88	$120,652.56	75,866
2/28/2024	Sell	5,269	$12.77	$67,285.13	86,967
10/16/2023	Sell	4,825	$14.78	$71,313.50	61,841
6/12/2023	Sell	40,703	$20.00	$814,060.00	66,666
3/3/2023	Sell	1,002	$18.54	$18,577.08	71,369

Erik Weaver Buying and Selling Activity at Life Time Group

Life Time Group Company Overview

Life Time Group Holdings, Inc. provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas. The company also offers fitness floors with equipment, locker rooms, group fitness studios, indoor and outdoor pools, bistros, indoor and outdoor tennis courts, pickleball courts, basketball courts, LifeSpa, LifeCafe, and childcare and Kids Academy learning spaces. In addition, its Life Time Digital provides live streaming fitness classes, remote goal-based personal training, nutrition and weight loss support, curated award-winning health, and fitness and wellness content. The company is also involved in media activities, conducting athletic events, and provision of related services. It operates various centers, including ground leases. The company was formerly known as LTF Holdings, Inc. and changed its name to Life Time Group Holdings, Inc. in June 21, 2021. Life Time Group Holdings, Inc. was founded in 1992 and is headquartered in Chanhassen, Minnesota.

Today's Range

Now: $21.96

$21.73

$22.19

50 Day Range

MA: $24.00

$22.06

$26.02

2 Week Range

Now: $21.96

$11.89

$27.11

Volume

998,111 shs

Average Volume

1,116,727 shs

Market Capitalization

$4.55 billion

P/E Ratio

31.83

Dividend Yield

N/A

Beta

1.88

Forced out of retirement by these trades

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