Buffett’s Selling Out: Is Your 401(k) About to Get Wiped Out?

Let me share something important with you. Just a few weeks ago, Warren Buffett unloaded $932 million worth of bank stocks. He didn't do it on a whim—he knows something big is coming. The question is: Why aren't you taking action, too?

Michael C. Lukemire net worth and biography

Michael Lukemire Biography and Net Worth

COO of Scotts Miracle-Gro

Mike believes the success of our organization is tied to the individual and collective strengths of our people. His approach to building a highly effective team is grounded in servant leadership and a shared sense of passion, collaboration, trust and perseverance. He calls it "One Team, One Goal," where everyone has clarity of purpose and is empowered to make decisions that drive us to win in the marketplace. These have been the guiding principles throughout Mike’s career.

Mike was named chief operating officer in 2014 and president in 2016. He is responsible for our portfolio of brands with leadership accountability for all aspects of our business, including marketing, sales, supply chain, information technology and research and development.

Since joining ScottsMiracle-Gro in 1995, Mike has served as director of operations, vice president of manufacturing, senior vice president of global supply chain and executive vice president of global technologies and operations. He also was regional president responsible for business development, marketing and sales in the southeastern U.S. He eventually led North America sales before being named executive vice president of the North America business.

Before his ScottsMiracle-Gro career, Mike had 16 years of business unit and operations management experience at Nabisco, Kraft-General Foods and Kroger.

He earned a bachelor's degree in chemistry and biology from Georgetown College in Kentucky, where he serves on its board of trustees, and attended the Kraft Executive Management School at Southern Methodist University. Mike also is a board member for Bonnie Plants.

Mike subscribes to leadership by example. This comes to life in his Weekly Walks with Luke and annual Yoga on the Lawn, where hundreds of associates join him in the spirit of our LiveTotal Health approach to wellness. He has chaired the American Heart Association Central Ohio Heart Walk, and most mornings can be found starting his day with fellow associates at our wellness center.

Mike is passionate about his family and our ScottsMiracle-Gro family. It’s common for associates to hear from Mike regularly, from business updates to personal birthday and holiday wishes.

What is Michael C. Lukemire's net worth?: The estimated net worth of Michael C. Lukemire is at least $2.21 million as of February 8th, 2021. Mr. Lukemire owns 29,636 shares of Scotts Miracle-Gro stock worth more than $2,205,215 as of November 16th. This net worth estimate does not reflect any other assets that Mr. Lukemire may own. Learn More about Michael C. Lukemire's net worth.
How do I contact Michael C. Lukemire?: The corporate mailing address for Mr. Lukemire and other Scotts Miracle-Gro executives is 14111 SCOTTSLAWN ROAD, MARYSVILLE OH, 43041. Scotts Miracle-Gro can also be reached via phone at (937) 644-0011 and via email at [email protected]. Learn More on Michael C. Lukemire's contact information.
Has Michael C. Lukemire been buying or selling shares of Scotts Miracle-Gro?: Michael C. Lukemire has not been actively trading shares of Scotts Miracle-Gro during the past quarter. Most recently, Michael C. Lukemire sold 57,310 shares of the business's stock in a transaction on Monday, February 8th. The shares were sold at an average price of $237.87, for a transaction totalling $13,632,329.70. Following the completion of the sale, the chief operating officer now directly owns 29,636 shares of the company's stock, valued at $7,049,515.32. Learn More on Michael C. Lukemire's trading history.
Who are Scotts Miracle-Gro's active insiders?: Scotts Miracle-Gro's insider roster includes Nathan Baxter (EVP, COO), Julie DeMuesy (SVP), David Evans (CFO), James Hagedorn (President, CEO & Chairman of the Board), Katherine Hagedorn (Director), Robert Hagedorn (Major Shareholder), Susan Hagedorn (Major Shareholder), Adam Hanft (Director), Stephen Johnson (Director), James King (EVP), Michael Lukemire (COO), Peter Shumlin (Director), Ivan Smith (EVP), Denise Stump (EVP), and John Vines (Director). Learn More on Scotts Miracle-Gro's active insiders.
Are insiders buying or selling shares of Scotts Miracle-Gro?: During the last twelve months, insiders at the basic materials company sold shares 9 times. They sold a total of 271,462 shares worth more than $18,057,651.83. The most recent insider tranaction occured on August, 21st when COO Nathan Eric Baxter sold 2,988 shares worth more than $211,938.84. Insiders at Scotts Miracle-Gro own 26.5% of the company. Learn More about insider trades at Scotts Miracle-Gro.
Information on this page was last updated on 8/21/2024.

Michael C. Lukemire Insider Trading History at Scotts Miracle-Gro

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/8/2021	Sell	57,310	$237.87	$13,632,329.70	29,636
11/13/2019	Sell	9,788	$106.26	$1,040,072.88	45,321
8/1/2019	Sell	11,443	$110.36	$1,262,849.48	44,522
12/7/2018	Sell	10,156	$69.82	$709,091.92	49,001
5/14/2018	Sell	8,594	$81.64	$701,614.16	35,638
8/8/2017	Sell	18,000	$96.14	$1,730,520.00	23,969
5/9/2017	Sell	10,000	$89.31	$893,100.00	50,269
8/5/2016	Sell	38,924	$79.65	$3,100,296.60	34,256
2/8/2016	Sell	16,284	$63.80	$1,038,919.20	16,370
2/27/2015	Sell	8,000	$65.58	$524,640.00

Michael C. Lukemire Buying and Selling Activity at Scotts Miracle-Gro

Scotts Miracle-Gro Company Overview

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Shake N Feed, Hyponex, Earthgro, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, General Hydroponics, Cyco, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.

Today's Range

Now: $74.41

$73.52

$75.19

50 Day Range

MA: $81.31

$66.35

$93.52

2 Week Range

Now: $74.41

$53.43

$93.90

Volume

643,663 shs

Average Volume

816,937 shs

Market Capitalization

$4.23 billion

P/E Ratio

N/A

Dividend Yield

3.62%

Beta

1.76

Buffett’s Selling Out: Is Your 401(k) About to Get Wiped Out?

From Golden Crest | Ad

Click Here For Your Free Guide