I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

Shlomi Argas Biography and Net Worth

President of Ormat Technologies

Mr. Argas became Executive Vice President of Operations and Products at Ormat Technologies Inc. in January, 2018. Under this role Mr. Argas will be responsible for all Engineering, Manufacturing Operations, and Projects activities. Previously, Mr. Argas served as Executive Vice President, Projects at Ormat Technologies Inc., and as Manager of the REG Projects Group, with responsibility for the design and installation of REG plants. Mr. Argas holds a BSc in Mechanical Engineering from Ben-Gurion University and a Certificate from the Technion Institute of Management, Executive Management Program. On December 16, 2020, Shlomi Argas, Executive Vice President-Operations and Products of Ormat, was appointed to serve as a President, head of Operations and Products' of Ormat, effective January 1, 2021. As President, Mr. Argas will expand his current role at Ormat by adding on the responsibility of oversight over Ormat’s capital expenditures for the geothermal and storage facilities, over the Information Technology department as well as over technological development and innovation in Ormat.

What is Shlomi Argas' net worth?: The estimated net worth of Shlomi Argas is at least $512,704.50 as of November 4th, 2022. Mr. Argas owns 6,369 shares of Ormat Technologies stock worth more than $512,705 as of October 31st. This net worth estimate does not reflect any other investments that Mr. Argas may own. Learn More about Shlomi Argas' net worth.
How do I contact Shlomi Argas?: The corporate mailing address for Mr. Argas and other Ormat Technologies executives is 6140 PLUMAS STREET, RENO NV, 89519. Ormat Technologies can also be reached via phone at (775) 356-9029 and via email at [email protected]. Learn More on Shlomi Argas' contact information.
Has Shlomi Argas been buying or selling shares of Ormat Technologies?: Shlomi Argas has not been actively trading shares of Ormat Technologies during the past quarter. Most recently, Shlomi Argas sold 12,106 shares of the business's stock in a transaction on Friday, November 4th. The shares were sold at an average price of $98.25, for a transaction totalling $1,189,414.50. Following the completion of the sale, the president now directly owns 6,369 shares of the company's stock, valued at $625,754.25. Learn More on Shlomi Argas' trading history.
Who are Ormat Technologies' active insiders?: Ormat Technologies' insider roster includes Isaac Angel (Director), Shlomi Argas (President), Ofer Ben-Yosef (EVP), Doron Blachar (CEO), Dan Falk (Director), Assi Ginzburg (CFO), David Granot (Director), Shimon Hatzir (EVP), Zvi Krieger (EVP), Dafna Sharir (Director), Stanley Stern (Director), and Byron Wong (Director). Learn More on Ormat Technologies' active insiders.
Are insiders buying or selling shares of Ormat Technologies?: During the last year, insiders at the energy company sold shares 5 times. They sold a total of 4,522 shares worth more than $320,121.30. The most recent insider tranaction occured on September, 20th when Director Byron G Wong sold 1,266 shares worth more than $94,924.68. Insiders at Ormat Technologies own 0.5% of the company. Learn More about insider trades at Ormat Technologies.
Information on this page was last updated on 9/20/2024.

Shlomi Argas Insider Trading History at Ormat Technologies

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/4/2022	Sell	12,106	$98.25	$1,189,414.50	6,369
12/13/2021	Sell	2,117	$80.00	$169,360.00
12/17/2019	Sell	1,521	$77.70	$118,181.70	1,521
6/14/2019	Sell	12,819	$68.25	$874,896.75	13,153
9/27/2017	Sell	11,523	$59.50	$685,618.50	1,734
6/8/2016	Sell	6,344	$44.60	$282,942.40	6,344
3/7/2016	Sell	4,000	$39.35	$157,400.00	4,000
6/3/2015	Sell	2,457	$37.70	$92,628.90
3/12/2015	Sell	2,540	$37.00	$93,980.00

Shlomi Argas Buying and Selling Activity at Ormat Technologies

Ormat Technologies Company Overview

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.

Today's Range

Now: $79.00

$78.97

$80.41

50 Day Range

MA: $75.95

$72.01

$81.45

2 Week Range

Now: $79.00

$58.73

$82.39

Volume

414,581 shs

Average Volume

434,462 shs

Market Capitalization

$4.78 billion

P/E Ratio

36.07

Dividend Yield

0.61%

Beta

0.53

I was wrong. Dead wrong.

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