Michael  Praeger net worth and biography

Michael Praeger Biography and Net Worth

Co-Founder of AvidXchange
Michael Praeger is our Co-Founder and Chief Executive Officer. Since starting AvidXchange more than 20 years ago, he has led our growth to more than 1,500 employees, 7,000+ customers and over 700,000 suppliers nationwide.

Before establishing AvidXchange, Michael co-founded PlanetResume.com, a technology career enhancement and recruiting site that successfully completed its merger with CareerShop.com in November 1999.

Prior to that, he co-founded and served as CEO of InfoLink Partners, a software company specializing in automating the tax billing and collection functions for municipalities. Michael also served as an associate with Summit Partners, a Boston-based venture capital and buyout partnership with more than $1 billion under management.

Michael is currently active in the Young Presidents Organization (YPO) and serves on the advisory board of the North Carolina Technology Association (NCTA). He is also a board member of Charlotte City Center Partners, Kare Partners, and Eliminate the Digital Divide (E2D).

Michael received his B.S.B.A. in Finance from Georgetown University and is a graduate of the “Birthing of Giants” executive entrepreneurship program at MIT.

How old is Michael Praeger?

Mr. Praeger is currently 59 years old. There are 4 older executives and no younger executives at AvidXchange. Learn More on Michael Praeger's age.

How do I contact Michael Praeger?

The corporate mailing address for Mr. Praeger and other AvidXchange executives is 1210 AVIDXCHANGE LANE, CHARLOTTE NC, 28206. AvidXchange can also be reached via phone at 800-560-9305 and via email at [email protected]. Learn More on Michael Praeger's contact information.

Has Michael Praeger been buying or selling shares of AvidXchange?

Michael Praeger has not been actively trading shares of AvidXchange during the past quarter. Learn More on Michael Praeger's trading history.

Who are AvidXchange's active insiders?

AvidXchange's insider roster includes Michael Praeger (Co-Founder), and Joel Wilhite (Sr. VP & CFO ). Learn More on AvidXchange's active insiders.

Are insiders buying or selling shares of AvidXchange?

In the last year, insiders at the sold shares 35 times. They sold a total of 9,736,511 shares worth more than $97,092,699.87. The most recent insider tranaction occured on March, 20th when President Daniel Drees sold 17,604 shares worth more than $229,204.08. Insiders at AvidXchange own 10.3% of the company. Learn More about insider trades at AvidXchange.

Information on this page was last updated on 3/20/2024.

Michael Praeger Insider Trading History at AvidXchange

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Michael Praeger Buying and Selling Activity at AvidXchange

This chart shows Mr. Michael Praeger's buying and selling at AvidXchange by year and by quarter.

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AvidXchange Company Overview

AvidXchange logo
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
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Today's Range

Now: $11.96
Low: $11.82
High: $12.02

50 Day Range

MA: $12.38
Low: $11.14
High: $13.29

2 Week Range

Now: $11.96
Low: $6.88
High: $13.56

Volume

633,181 shs

Average Volume

1,787,245 shs

Market Capitalization

$2.44 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.04