Jeffrey R. Immelt net worth and biography

Jeffrey Immelt Biography and Net Worth

In 1978, at Dartmouth College, Jeffrey Immelt earns his B.A. in applied mathematics. Jeff Immelt is also a graduate of Harvard University; he gets his M.B.A in 1982.

After he graduates from Harvard, Jeffrey Immelt starts working for General Electric (GE), in 1982. Immelt occupies various positions in General Electric’s different branches: healthcare, plastics, and appliances.

Jeff Immelt is promoted to General Electric’s Capital Board in 1989 and becomes a GE officer. Three years later, in 2000, Jeffrey Immelt is appointed Chairman and CEO of General Electric. Jeff Immelt is the 9th person to occupy that position within GE.

What is Jeffrey R. Immelt's net worth?: The estimated net worth of Jeffrey R. Immelt is at least $1.19 million as of December 14th, 2022. Mr. Immelt owns 7,475 shares of General Electric stock worth more than $1,189,945 as of April 24th. This net worth estimate does not reflect any other investments that Mr. Immelt may own. Learn More about Jeffrey R. Immelt's net worth.
How do I contact Jeffrey R. Immelt?: The corporate mailing address for Mr. Immelt and other General Electric executives is 5 Necco Street, BOSTON MA, 02210. General Electric can also be reached via phone at (203) 373-2211 and via email at [email protected]. Learn More on Jeffrey R. Immelt's contact information.
Has Jeffrey R. Immelt been buying or selling shares of General Electric?: Jeffrey R. Immelt has not been actively trading shares of General Electric over the course of the past ninety days. Most recently, on Monday, May 15th, Jeffrey R. Immelt bought 100,000 shares of General Electric stock. The stock was acquired at an average cost of $28.07 per share, with a total value of $2,807,000.00. Following the completion of the transaction, the chairman now directly owns 2,561,926 shares of the company's stock, valued at $71,913,262.82. Learn More on Jeffrey R. Immelt's trading history.
Who are General Electric's active insiders?: General Electric's insider roster includes H. Culp, Jr. (CEO), Alexander Dimitrief (SVP), Edward Garden (Director), Carolina Happe (Sr. VP & CFO ), Michael Holston (SVP), Jeffrey Immelt (Chairman), Paula Reynolds (Director), Leslie Seidman (Director), John Slattery (SVP), Scott Strazik (SVP), and Thomas Timko (VP). Learn More on General Electric's active insiders.
Are insiders buying or selling shares of General Electric?: During the last year, General Electric insiders bought shares 1 times. They purchased a total of 35,160 shares worth more than $34,999,670.40. During the last year, insiders at the conglomerate sold shares 6 times. They sold a total of 387,689 shares worth more than $42,156,006.92. The most recent insider tranaction occured on February, 14th when SVP Michael J Holston sold 22,055 shares worth more than $3,195,107.85. Insiders at General Electric own 0.7% of the company. Learn More about insider trades at General Electric.
Information on this page was last updated on 2/14/2024.

Jeffrey R. Immelt Insider Trading History at General Electric

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/15/2017	Buy	100,000	$28.07	$2,807,000.00	2,561,926
11/9/2016	Buy	50,000	$29.24	$1,462,000.00	2,248,688
7/26/2016	Buy	50,000	$31.45	$1,572,500.00	2,198,688
5/20/2016	Buy	67,600	$29.59	$2,000,284.00	2,158,688

Jeffrey R. Immelt Buying and Selling Activity at General Electric

General Electric Company Overview

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.

Today's Range

Now: $159.19

$155.56

$162.34

50 Day Range

MA: $160.20

$136.47

$180.12

2 Week Range

Now: $159.19

$76.87

$163.65

Volume

10,294,622 shs

Average Volume

8,168,638 shs

Market Capitalization

$174.04 billion

P/E Ratio

19.02

Dividend Yield

0.75%

Beta

1.29

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