Peter Ax Biography and Net Worth

Director of Meritage Homes

Mr. Ax has been a director since September 2000 and is the Company's lead independent director. He is the CEO of UpscriptHealth, a telemedicine-based software platform which allows pharmaceutical manufacturers to sell medications direct-to-consumer. He is also the managing partner of Phoenix Capital Management, an operationally focused venture capital firm. Mr. Ax is the former chairman and chief executive officer of SpinCycle, Inc., a public reporting consolidator and developer of coin-operated laundromats. Previously, Mr. Ax served as head of the Private Equity Division and senior vice president of Lehman Brothers in New York and has served in various operating roles for enterprises operated by Phoenix Capital Management. Mr. Ax is also on the board of directors of iGo, Inc. (NASDAQ: IGOI). Mr. Ax holds an MBA from the Wharton School at the University of Pennsylvania, a J.D. from the University of Arizona, and a B.S.B.A. from the University of Arizona, and has been a certified public accountant. Mr. Ax possesses extensive skills and experience relating to, among other things, capital markets and corporate finance.

What is Peter L. Ax's net worth?: The estimated net worth of Peter L. Ax is at least $2.19 million as of August 7th, 2023. Mr. Ax owns 30,058 shares of Meritage Homes stock worth more than $2,186,389 as of March 28th. This net worth approximation does not reflect any other assets that Mr. Ax may own. Learn More about Peter L. Ax's net worth.
How do I contact Peter L. Ax?: The corporate mailing address for Mr. Ax and other Meritage Homes executives is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. Meritage Homes can also be reached via phone at (480) 515-8100 and via email at investors@meritagehomes.com. Learn More on Peter L. Ax's contact information.
Has Peter L. Ax been buying or selling shares of Meritage Homes?: Peter L. Ax has not been actively trading shares of Meritage Homes during the past quarter. Most recently, Peter L. Ax sold 6,000 shares of the business's stock in a transaction on Monday, August 7th. The shares were sold at an average price of $74.75, for a transaction totalling $448,500.00. Following the completion of the sale, the director now directly owns 30,058 shares of the company's stock, valued at $2,246,835.50. Learn More on Peter L. Ax's trading history.
Who are Meritage Homes' active insiders?: Meritage Homes' insider roster includes Peter Ax (Director), Dana Bradford (Director), Louis Caldera (Director), Javier Feliciano (EVP), Gerald Haddock (Director), Steven Hilton (Executive Chairman), Phillippe Lord (CEO), Michael Odell (Director), Raymond Oppel (Director), Alison Sasser (CAO), Hilla Sferruzza (CFO), Clinton Szubinski (COO), and C. White (EVP). Learn More on Meritage Homes' active insiders.
Are insiders buying or selling shares of Meritage Homes?: During the last twelve months, Meritage Homes insiders bought shares 1 times. They purchased a total of 11,000 shares worth more than $819,610.00. During the last twelve months, insiders at the construction company sold shares 7 times. They sold a total of 32,683 shares worth more than $3,233,626.99. The most recent insider tranaction occured on February, 24th when CAO Alison Sasser sold 152 shares worth more than $11,191.76. Insiders at Meritage Homes own 2.0% of the company. Learn More about insider trades at Meritage Homes.
Information on this page was last updated on 2/24/2025.

Peter L. Ax Insider Trading History at Meritage Homes

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/7/2023	Sell	6,000	$74.75	$448,500.00	30,058
3/4/2022	Sell	10,124	$49.43	$500,429.32
10/29/2021	Sell	10,000	$56.13	$561,300.00
5/4/2021	Sell	11,000	$54.09	$594,935.00	54,418
9/14/2020	Sell	6,000	$50.04	$300,210.00	58,800
9/9/2020	Sell	6,000	$49.62	$297,720.00	58,800
3/8/2018	Sell	25,000	$22.01	$550,250.00
6/13/2016	Sell	30,000	$18.36	$550,650.00	90,000

Peter L. Ax Buying and Selling Activity at Meritage Homes

Meritage Homes Company Overview

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Today's Range

Now: $70.88

$70.38

$73.12

50 Day Range

MA: $75.10

$69.20

$82.74

2 Week Range

Now: $70.88

$68.93

$106.99

Volume

138,729 shs

Average Volume

830,477 shs

Market Capitalization

$5.09 billion

P/E Ratio

5.41

Dividend Yield

2.41%

Beta

1.92