Scott M. Mcfarlane net worth and biography

Scott Mcfarlane Biography and Net Worth

Insider of Avalara

Scott McFarlane is the co-founder, CEO and chairman of the board at Avalara, a leading provider of cloud-based sales tax and compliance automation services. 

McFarlane is known for transforming companies into industry leaders by combining strategic vision with operational discipline to create unique cultures that shake up the status quo. 

He co-founded Avalara in 2004 after observing how businesses relied on decades-old techniques and technologies to manage sales tax and compliance. He has held numerous titles during his time with Avalara, including board member since 2004, COO between 2004-2010, CEO since 2007, chairman of the board since 2014, and president between 2014-2019.

McFarlane has played an essential part in developing the strategic direction for Avalara. Knowing that sales tax is a process shared by everyone, his vision is to have Avalara play a part in every transaction in the world. To accomplish this, McFarlane has guided Avalara to integrate with over 700 financial application companies across the world to automate transactional tax and end-to-end compliance. 

He is also known for shaping the company's workplace culture, often seen sporting Avalara’s signature orange. 

Before founding Avalara, McFarlane co-founded the fitness equipment company, Lifecycle, with his college roommate, Augie Nieto. Lifecycle quickly saw success, becoming the most popular computerized exercise bike in the industry. McFarlane and Nieto sold the company to Brunswick in 1983. 

He then led and grew other companies including Aircoa—an independent U.S. hotel company founded by McFarlane’s father, Willis. As the vice president of strategic development, McFarlane helped grow Aircoa to become the largest independent hotel company in the U.S. with over 500 hotels and 25,000 employees before his father sold the company in 1986. 

As president and COO, McFarlane led MetaInfo, a Seattle-based technology company that developed the first commercially available DNS for Microsoft NT before the company was sold to Check Point Software in 1998. He joined Check Point Software as the vice president of strategy and business development aiding in the advancement of firewalls in the enterprise security market. 

McFarlane holds a B.A. in economics from Claremont McKenna College, and he serves on the board of directors for Expedition Travel Advisor, a private online adventure travel platform, as well as ETA Holdings, a corporate consulting business.

What is Scott M. Mcfarlane's net worth?

The estimated net worth of Scott M. Mcfarlane is at least $50.54 million as of October 10th, 2022. Mr. Mcfarlane owns 540,644 shares of Avalara stock worth more than $50,539,401 as of February 6th. This net worth estimate does not reflect any other investments that Mr. Mcfarlane may own. Learn More about Scott M. Mcfarlane's net worth.

How do I contact Scott M. Mcfarlane?

The corporate mailing address for Mr. Mcfarlane and other Avalara executives is 255 SOUTH KING STREET SUITE 1800, SEATTLE WA, 98104. Avalara can also be reached via phone at (206) 826-4900 and via email at [email protected] Learn More on Scott M. Mcfarlane's contact information.

Has Scott M. Mcfarlane been buying or selling shares of Avalara?

Scott M. Mcfarlane has not been actively trading shares of Avalara in the last ninety days. Most recently, Scott M. Mcfarlane sold 20,000 shares of the business's stock in a transaction on Monday, October 10th. The shares were sold at an average price of $92.54, for a transaction totalling $1,850,800.00. Following the completion of the sale, the insider now directly owns 540,644 shares of the company's stock, valued at $50,031,195.76. Learn More on Scott M. Mcfarlane's trading history.

Who are Avalara's active insiders?

Avalara's insider roster includes Robin Foote (Director), William Ingram (Director), Daniel Manning (CAO), Amit Mathradas (Insider), Scott Mcfarlane (Insider), Alesia Pinney (Insider), Rajeev Singh (Director), Ross Tennenbaum (Insider), and Kathleen Zwickert (Director). Learn More on Avalara's active insiders.

Are insiders buying or selling shares of Avalara?

During the last twelve months, insiders at the sold shares 15 times. They sold a total of 169,431 shares worth more than $15,123,603.77. The most recent insider tranaction occured on October, 10th when insider Scott M Mcfarlane sold 20,000 shares worth more than $1,850,800.00. Insiders at Avalara own 2.4% of the company. Learn More about insider trades at Avalara.

Information on this page was last updated on 10/10/2022.

Scott M. Mcfarlane Insider Trading History at Avalara

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/10/2022Sell20,000$92.54$1,850,800.00540,644View SEC Filing Icon  
9/12/2022Sell20,000$92.27$1,845,400.00583,644View SEC Filing Icon  
8/10/2022Sell20,000$91.82$1,836,400.00583,644View SEC Filing Icon  
7/11/2022Sell20,000$85.07$1,701,400.00584,892View SEC Filing Icon  
6/10/2022Sell20,000$81.62$1,632,400.00584,892View SEC Filing Icon  
5/10/2022Sell20,000$80.00$1,600,000.00584,892View SEC Filing Icon  
4/14/2022Sell20,000$92.97$1,859,400.00586,104View SEC Filing Icon  
3/9/2022Sell5,000$92.69$463,450.00View SEC Filing Icon  
3/7/2022Sell6,425$93.35$599,773.75View SEC Filing Icon  
3/3/2022Sell10,000$98.98$989,800.00View SEC Filing Icon  
1/3/2022Sell2,986$129.00$385,194.00View SEC Filing Icon  
12/1/2021Sell30,000$137.84$4,135,200.00View SEC Filing Icon  
10/11/2021Sell30,000$164.65$4,939,500.00View SEC Filing Icon  
9/10/2021Sell30,000$184.87$5,546,100.00View SEC Filing Icon  
7/12/2021Sell30,000$158.54$4,756,200.00586,668View SEC Filing Icon  
6/14/2021Sell10,000$140.28$1,402,800.00581,160View SEC Filing Icon  
6/10/2021Sell30,000$130.22$3,906,600.00589,670View SEC Filing Icon  
5/10/2021Sell30,000$121.19$3,635,700.00634,470View SEC Filing Icon  
4/12/2021Sell30,000$140.86$4,225,800.00634,470View SEC Filing Icon  
3/10/2021Sell30,000$142.77$4,283,100.00634,470View SEC Filing Icon  
3/8/2021Sell6,789$135.70$921,267.30611,273View SEC Filing Icon  
2/17/2021Sell10,000$169.64$1,696,400.00621,274View SEC Filing Icon  
1/11/2021Sell30,000$162.90$4,887,000.00614,496View SEC Filing Icon  
1/4/2021Sell3,227$165.85$535,197.95
12/10/2020Sell30,000$162.90$4,887,000.00717,723View SEC Filing Icon  
12/4/2020Sell5,000$170.00$850,000.00699,223View SEC Filing Icon  
12/1/2020Sell20,000$170.73$3,414,600.00
11/27/2020Sell15,000$168.54$2,528,100.00739,223View SEC Filing Icon  
11/25/2020Sell10,000$166.00$1,660,000.00739,223View SEC Filing Icon  
11/23/2020Sell15,000$170.67$2,560,050.00784,223View SEC Filing Icon  
11/20/2020Sell25,000$168.72$4,218,000.00784,223View SEC Filing Icon  
11/18/2020Sell25,000$157.56$3,939,000.00825,023View SEC Filing Icon  
11/10/2020Sell30,000$150.45$4,513,500.00841,421View SEC Filing Icon  
10/12/2020Sell30,000$152.04$4,561,200.00859,223View SEC Filing Icon  
9/21/2020Sell30,000$119.33$3,579,900.00859,223View SEC Filing Icon  
8/10/2020Sell15,000$118.79$1,781,850.00844,223View SEC Filing Icon  
7/10/2020Sell15,000$138.76$2,081,400.00844,223View SEC Filing Icon  
6/12/2020Sell25,000$105.95$2,648,750.00844,223View SEC Filing Icon  
6/10/2020Sell15,000$102.41$1,536,150.00844,223View SEC Filing Icon  
6/1/2020Sell5,000$110.26$551,300.00834,223View SEC Filing Icon  
5/22/2020Sell5,000$107.75$538,750.00834,223View SEC Filing Icon  
5/19/2020Sell5,000$104.70$523,500.00834,223View SEC Filing Icon  
5/14/2020Sell15,000$97.08$1,456,200.00839,223View SEC Filing Icon  
5/12/2020Sell15,000$98.11$1,471,650.00831,421View SEC Filing Icon  
4/13/2020Sell15,000$72.75$1,091,250.00844,223View SEC Filing Icon  
3/10/2020Sell15,000$73.20$1,098,000.00763,957View SEC Filing Icon  
2/10/2020Sell15,000$89.50$1,342,500.00View SEC Filing Icon  
1/10/2020Sell15,000$84.34$1,265,100.00763,653View SEC Filing Icon  
1/2/2020Sell2,633$74.07$195,026.31748,653View SEC Filing Icon  
12/10/2019Sell12,000$72.78$873,360.00763,286View SEC Filing Icon  
11/11/2019Sell12,000$72.36$868,320.00
10/10/2019Sell12,000$74.03$888,360.00
9/10/2019Sell39,802$76.16$3,031,320.32
9/5/2019Sell35,000$82.65$2,892,750.00766,286View SEC Filing Icon  
8/22/2019Sell50,000$86.37$4,318,500.00View SEC Filing Icon  
8/19/2019Sell125,000$86.15$10,768,750.00View SEC Filing Icon  
8/15/2019Sell102,000$83.75$8,542,500.00View SEC Filing Icon  
8/12/2019Sell170,432$84.26$14,360,600.32View SEC Filing Icon  
7/10/2019Sell12,000$81.95$983,400.00View SEC Filing Icon  
5/24/2019Sell100,000$69.00$6,900,000.00View SEC Filing Icon  
4/10/2019Sell12,000$55.48$665,760.00View SEC Filing Icon  
3/11/2019Sell12,000$53.03$636,360.00View SEC Filing Icon  
2/26/2019Sell15,000$51.72$775,800.00View SEC Filing Icon  
1/15/2019Sell12,000$38.09$457,080.00View SEC Filing Icon  
12/21/2018Sell100,000$30.09$3,009,000.00View SEC Filing Icon  
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Scott M. Mcfarlane Buying and Selling Activity at Avalara

This chart shows Scott M Mcfarlane's buying and selling at Avalara by year and by quarter.

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Avalara Company Overview

Avalara logo
Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Compliance Cloud Returns for tax return preparation, filing, and remittance; which creates, validates, stores, and manages sales tax exemption. It also provides professional services, including nexus studies and back filing services, voluntary compliance initiatives, tax registrations, reverse audits, audit defense, and specialized tax research. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.
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Today's Range

Now: $93.48
Low: $93.48
High: $93.48

50 Day Range

MA: $93.03
Low: $91.36
High: $93.48

2 Week Range

Now: $93.48
Low: $66.39
High: $188.43

Volume

N/A

Average Volume

2,190,087 shs

Market Capitalization

$8.28 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.99