Max Alan Reichenthal net worth and biography

Max Reichenthal Biography and Net Worth

Director of Friedman Industries

Mr. Reichenthal is the President and CEO of Texas Iron and Metal Company, based in Houston, Texas. Texas Iron and Metal is a family-owned business, and Max is the 3rd generation to direct the company and has done so for over four decades. He has transformed the scrap business his grandfather started over 85 years ago into a steel service center that’s specialty is surplus steel and pipe. After earning his B.B.A. from the University of Texas at Austin in 1980, Max started his career at Price Waterhouse and spent 3 years as an accountant. Max serves on the Board of Directors of Friedman Industries, Jewish Federation of Houston and Seven Acres Jewish Senior Care. Max is a past president of United Orthodox Synagogues of Houston, past AIPAC Executive Council Chair, past FIDF Co- Chairman of the Board South Texas Chapter.

What is Max Alan Reichenthal's net worth?: The estimated net worth of Max Alan Reichenthal is at least $1.15 million as of September 18th, 2024. Reichenthal owns 30,761 shares of Friedman Industries stock worth more than $1,151,077 as of June 19th. This net worth estimate does not reflect any other assets that Reichenthal may own. Learn More about Max Alan Reichenthal's net worth.
How do I contact Max Alan Reichenthal?: The corporate mailing address for Reichenthal and other Friedman Industries executives is PO BOX 2192, LONGVIEW, TX, 75606. Friedman Industries can also be reached via phone at (903) 758-3431 and via email at [email protected]. Learn More on Max Alan Reichenthal's contact information.
Has Max Alan Reichenthal been buying or selling shares of Friedman Industries?: Max Alan Reichenthal has not been actively trading shares of Friedman Industries in the last ninety days. Most recently, on Wednesday, September 18th, Max Alan Reichenthal bought 2,000 shares of Friedman Industries stock. The stock was acquired at an average cost of $14.00 per share, with a total value of $28,000.00. Following the completion of the transaction, the director now directly owns 30,761 shares of the company's stock, valued at $430,654. Learn More on Max Alan Reichenthal's trading history.
Who are Friedman Industries' active insiders?: Friedman Industries' insider roster includes Gaurav Chhibbar (COO), Max Reichenthal (Director), Sandra Scott (Director), Tim Stevenson (Director), Mike Taylor (CEO), Sharon Taylor (Director), and Joe Williams (Director). Learn More on Friedman Industries' active insiders.
Are insiders buying or selling shares of Friedman Industries?: During the last twelve months, Friedman Industries insiders bought shares 8 times. They purchased a total of 4,900 shares worth more than $93,136.00. The most recent insider tranaction occured on March, 18th when COO Gaurav Chhibbar bought 400 shares worth more than $6,776.00. Insiders at Friedman Industries own 5.5% of the company. Learn More about insider trades at Friedman Industries.
Information on this page was last updated on 3/18/2026.

Max Alan Reichenthal Insider Trading History at Friedman Industries

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/18/2024	Buy	2,000	$14.00	$28,000.00	30,761
8/16/2024	Buy	2,000	$14.89	$29,780.00	28,761
9/11/2023	Buy	2,000	$13.35	$26,700.00	24,120
12/12/2022	Buy	300	$8.34	$2,502.00	20,120
12/8/2022	Buy	2,545	$8.70	$22,141.50	18,365
8/29/2012	Buy	1,000	$9.67	$9,670.00

Max Alan Reichenthal Buying and Selling Activity at Friedman Industries

Friedman Industries Company Overview

Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 200 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. The company was incorporated in 1965 and is headquartered in Longview, Texas.

Today's Range

Now: $37.42

$33.79

$37.87

50 Day Range

MA: $22.74

$18.02

$37.42

2 Week Range

Now: $37.42

$14.51

$37.87

Volume

162,237 shs

Average Volume

59,324 shs

Market Capitalization

$266.06 million

P/E Ratio

13.56

Dividend Yield

0.44%

Beta

1.63