Michael Hooks Biography and Net Worth

Insider of Malibu Boats


Mr. Hooks has served as the Chair of our Board since February 2014. For an interim period after the departure of our former Chief Executive Officer in 2024, Mr. Hooks served as Executive Chair of the Board from February 2024 to August 2024 and a member of the Office of Chief Executive Officer from May 2024 to August 2024. Mr. Hooks was a director of the LLC from May 2006 until our recapitalization in connection with the IPO in February 2014. He is a cofounder and has been managing partner of Westhook Capital LLC since 2017, and he is a co-founder and has been a managing director of Black Canyon Capital LLC since 2004. Previously, Mr. Hooks was a co-head of the Los Angeles office of Credit Suisse First Boston and a managing director in the Los Angeles office of Donaldson, Lufkin & Jenrette. He previously served on the boards of directors of Metco Landscape Holdings, LLC, JDC Healthcare Management, Saunders & Associates, TASI Holdings, Virgin America, Logan’s Roadhouse and Switchcraft, as well as the Supervisory Board of Pfeiffer Vacuum Technology, at the time a public company listed on the New York Stock Exchange. Mr. Hooks received a degree in Economics from Princeton University and an M.B.A. with distinction from the Wharton School of Business. Based on his extensive experience as an investment banker advising companies on their financing and strategic alternatives, his experience as a private equity manager working with companies and their management teams to grow and improve their businesses, and his deep knowledge of Malibu Boats, Inc. given his initial tenure as a board member of the LLC, we believe Mr. Hooks is qualified to serve on the Board.

What is Michael K. Hooks' net worth?

The estimated net worth of Michael K. Hooks is at least $344.88 thousand as of February 22nd, 2024. Mr. Hooks owns 12,500 shares of Malibu Boats stock worth more than $344,875 as of December 5th. This net worth approximation does not reflect any other investments that Mr. Hooks may own. Additionally, Mr. Hooks receives an annual salary of $107,000.00 as Insider at Malibu Boats. Learn More about Michael K. Hooks' net worth.

How old is Michael K. Hooks?

Mr. Hooks is currently 61 years old. There are 5 older executives and no younger executives at Malibu Boats. Learn More on Michael K. Hooks' age.

What is Michael K. Hooks' salary?

As the Insider of Malibu Boats, Inc., Mr. Hooks earns $107,000.00 per year. There are 3 executives that earn more than Mr. Hooks. The highest earning executive at Malibu Boats is Mr. Ritchie L. Anderson, President, who commands a salary of $752,230.00 per year. Learn More on Michael K. Hooks' salary.

How do I contact Michael K. Hooks?

The corporate mailing address for Mr. Hooks and other Malibu Boats executives is 5075 KIMBERLY WAY, LOUDON TN, 37774. Malibu Boats can also be reached via phone at (865) 458-5478 and via email at [email protected]. Learn More on Michael K. Hooks' contact information.

Has Michael K. Hooks been buying or selling shares of Malibu Boats?

Michael K. Hooks has not been actively trading shares of Malibu Boats within the last three months. Most recently, on Thursday, February 22nd, Michael K. Hooks bought 12,500 shares of Malibu Boats stock. The stock was acquired at an average cost of $42.82 per share, with a total value of $535,250.00. Following the completion of the transaction, the insider now directly owns 12,500 shares of the company's stock, valued at $535,250. Learn More on Michael K. Hooks' trading history.

Who are Malibu Boats' active insiders?

Malibu Boats' insider roster includes Ritchie Anderson (COO), Michael Hooks (Insider), Mark Lanigan (Director), and Jackie Springer, Jr. (CEO). Learn More on Malibu Boats' active insiders.

Michael K. Hooks Insider Trading History at Malibu Boats

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/22/2024Buy12,500$42.82$535,250.0012,500View SEC Filing Icon  
5/27/2015Sell2,627,552$19.05$50,054,865.60View SEC Filing Icon  
See Full Table

Michael K. Hooks Buying and Selling Activity at Malibu Boats

This chart shows Michael K Hooks's buying and selling at Malibu Boats by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Malibu Boats Company Overview

Malibu Boats logo
Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company provides performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing, wakeboarding, and wake surfing; and general recreational boating and fishing. The company sells its products through independent dealers in North America, Europe, Asia, the Middle East, South America, South Africa, and Australia/New Zealand. Malibu Boats, Inc. was founded in 1982 and is based in Loudon, Tennessee.
Read More

Today's Range

Now: $27.59
Low: $27.04
High: $28.23

50 Day Range

MA: $29.17
Low: $24.21
High: $34.52

2 Week Range

Now: $27.59
Low: $24.07
High: $45.02

Volume

441,113 shs

Average Volume

264,409 shs

Market Capitalization

$530.56 million

P/E Ratio

28.15

Dividend Yield

N/A

Beta

1.2