Michael  Balmuth net worth and biography

Michael Balmuth Biography and Net Worth

Executive Chairman of the Board of Ross Stores
Michael Balmuth serves as Chairman of the Board and Senior Advisor of the Company. From 2014 to November 2019, Mr. Balmuth was Executive Chairman of the Board of Directors and from 1996 to 2014, he was Vice Chairman of the Board of Directors and Chief Executive Officer. He also served as President from 2005 to 2009. Previously, Mr. Balmuth was Executive Vice President, Merchandising from 1993 to 1996 and Senior Vice President and General Merchandise Manager from 1989 to 1993. Before joining Ross, he was Senior Vice President and General Merchandising Manager at Bon Marché in Seattle from 1988 to 1989 and Executive Vice President and General Merchandising Manager for Karen Austin Petites from 1986 to 1988.

What is Michael Balmuth's net worth?

The estimated net worth of Michael Balmuth is at least $1.66 million as of September 5th, 2024. Mr. Balmuth owns 11,133 shares of Ross Stores stock worth more than $1,660,487 as of December 21st. This net worth approximation does not reflect any other assets that Mr. Balmuth may own. Additionally, Mr. Balmuth receives a salary of $10,130,000.00 as Executive Chairman of the Board at Ross Stores. Learn More about Michael Balmuth's net worth.

How old is Michael Balmuth?

Mr. Balmuth is currently 73 years old. There are 6 older executives and no younger executives at Ross Stores. Learn More on Michael Balmuth's age.

What is Michael Balmuth's salary?

As the Executive Chairman of the Board of Ross Stores, Inc., Mr. Balmuth earns $10,130,000.00 per year. Learn More on Michael Balmuth's salary.

How do I contact Michael Balmuth?

The corporate mailing address for Mr. Balmuth and other Ross Stores executives is 5130 HACIENDA DRIVE, DUBLIN CA, 94568. Ross Stores can also be reached via phone at (925) 965-4400 and via email at [email protected]. Learn More on Michael Balmuth's contact information.

Has Michael Balmuth been buying or selling shares of Ross Stores?

Michael Balmuth has not been actively trading shares of Ross Stores during the last ninety days. Most recently, Michael Balmuth sold 14,887 shares of the business's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $152.22, for a transaction totalling $2,266,099.14. Following the completion of the sale, the chairman now directly owns 11,133 shares of the company's stock, valued at $1,694,665.26. Learn More on Michael Balmuth's trading history.

Who are Ross Stores' active insiders?

Ross Stores' insider roster includes Michael Balmuth (Executive Chairman of the Board), Jeffrey Burrill (CAO), Michael Bush (Director), Michael Hartshorn (COO), Michael Kobayashi (Insider), Travis Marquette (CFO), Brian Morrow (CMO), Patricia Mueller (Director), George Orban (Director), Larree Renda (Director), and Barbara Rentler (CEO). Learn More on Ross Stores' active insiders.

Are insiders buying or selling shares of Ross Stores?

In the last year, insiders at the apparel retailer sold shares 10 times. They sold a total of 144,176 shares worth more than $21,619,435.72. The most recent insider tranaction occured on September, 16th when COO Michael J Hartshorn sold 8,366 shares worth more than $1,302,084.24. Insiders at Ross Stores own 2.1% of the company. Learn More about insider trades at Ross Stores.

Information on this page was last updated on 9/16/2024.

Michael Balmuth Insider Trading History at Ross Stores

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/5/2024Sell14,887$152.22$2,266,099.1411,133View SEC Filing Icon  
5/28/2021Sell49,377$126.03$6,222,983.3149,145View SEC Filing Icon  
3/19/2021Sell11,856$121.36$1,438,844.1661,951View SEC Filing Icon  
5/31/2019Sell81,049$92.87$7,527,020.63View SEC Filing Icon  
3/15/2019Sell20,057$88.82$1,781,462.74134,567View SEC Filing Icon  
3/12/2019Sell25,689$90.77$2,331,790.5351,998View SEC Filing Icon  
5/31/2018Sell33,999$79.10$2,689,320.9078,342View SEC Filing Icon  
3/16/2018Sell25,689$76.84$1,973,942.76120,703View SEC Filing Icon  
3/12/2018Sell59,777$76.53$4,574,733.81View SEC Filing Icon  
3/14/2017Sell51,207$67.29$3,445,719.03145,666View SEC Filing Icon  
6/1/2016Sell194,984$53.45$10,421,894.8061,548View SEC Filing Icon  
3/24/2016Sell135,128$57.53$7,773,913.84139,628View SEC Filing Icon  
3/23/2015Sell84,719$107.26$9,086,959.94View SEC Filing Icon  
5/27/2014Sell134,376$68.10$9,151,005.60View SEC Filing Icon  
3/3/2014Sell150,673$72.04$10,854,482.92144,257View SEC Filing Icon  
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Michael Balmuth Buying and Selling Activity at Ross Stores

This chart shows Michael Balmuth's buying and selling at Ross Stores by year and by quarter.

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Ross Stores Company Overview

Ross Stores logo
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.
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Today's Range

Now: $149.15
Low: $147.80
High: $151.21

50 Day Range

MA: $147.12
Low: $138.59
High: $156.61

2 Week Range

Now: $149.15
Low: $127.53
High: $163.60

Volume

6,172,684 shs

Average Volume

2,362,318 shs

Market Capitalization

$49.21 billion

P/E Ratio

23.49

Dividend Yield

0.98%

Beta

1.1