David D.  Mandarich net worth and biography

David Mandarich Biography and Net Worth

CEO of M.D.C.
David D. Mandarich has been associated with the Company since 1977 and has served as President and Chief Executive Officer since October 2020. In 1999, he was elected President and Chief Operating Officer, a title he also held in 1996. Mr. Mandarich was previously elected Co-Chief Operating Officer in 1994 and Executive Vice President of Real Estate in 1993. He was a Director from 1980 until 1989 and has been a Director continuously since 1994. A skilled and experienced leader in the homebuilding industry, Mr. Mandarich provides the Board with the benefit of his judgment and his knowledge and understanding of the Company's homebuilding business and operations. Mr. Mandarich is veteran of the United States Army.

What is David D. Mandarich's net worth?

The estimated net worth of David D. Mandarich is at least $321.01 million as of May 5th, 2023. Mr. Mandarich owns 5,097,022 shares of M.D.C. stock worth more than $321,010,446 as of April 27th. This net worth estimate does not reflect any other investments that Mr. Mandarich may own. Additionally, Mr. Mandarich receives an annual salary of $8,030,000.00 as CEO at M.D.C.. Learn More about David D. Mandarich's net worth.

How old is David D. Mandarich?

Mr. Mandarich is currently 76 years old. There are 4 older executives and no younger executives at M.D.C.. The oldest executive at M.D.C. is Mr. Larry A. Mizel, Executive Chairman, who is 81 years old. Learn More on David D. Mandarich's age.

What is David D. Mandarich's salary?

As the CEO of M.D.C. Holdings, Inc., Mr. Mandarich earns $8,030,000.00 per year. The highest earning executive at M.D.C. is Mr. Larry A. Mizel, Executive Chairman, who commands a salary of $9,290,000.00 per year. Learn More on David D. Mandarich's salary.

How do I contact David D. Mandarich?

The corporate mailing address for Mr. Mandarich and other M.D.C. executives is 4350 S MONACO STREET SUITE 500, DENVER CO, 80237. M.D.C. can also be reached via phone at (303) 773-1100 and via email at [email protected]. Learn More on David D. Mandarich's contact information.

Has David D. Mandarich been buying or selling shares of M.D.C.?

David D. Mandarich has not been actively trading shares of M.D.C. during the past quarter. Most recently, David D. Mandarich sold 157,044 shares of the business's stock in a transaction on Friday, May 5th. The shares were sold at an average price of $41.45, for a transaction totalling $6,509,473.80. Following the completion of the sale, the chief executive officer now directly owns 5,097,022 shares of the company's stock, valued at $211,271,561.90. Learn More on David D. Mandarich's trading history.

Who are M.D.C.'s active insiders?

M.D.C.'s insider roster includes Raymond Baker (Director), Michael Berman (Director), David Blackford (Director), Herbert Buchwald (Director), David Mandarich (CEO), Robert Martin (CFO), Larry Mizel (Chairman), Paris Reece, III (Director), and David Siegel (Director). Learn More on M.D.C.'s active insiders.

Are insiders buying or selling shares of M.D.C.?

During the last twelve months, insiders at the construction company sold shares 11 times. They sold a total of 1,713,901 shares worth more than $75,260,082.79. The most recent insider tranaction occured on March, 11th when Director David E Blackford sold 6,200 shares worth more than $388,678.00. Insiders at M.D.C. own 23.3% of the company. Learn More about insider trades at M.D.C..

Information on this page was last updated on 3/11/2024.

David D. Mandarich Insider Trading History at M.D.C.

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/5/2023Sell157,044$41.45$6,509,473.805,097,022View SEC Filing Icon  
11/10/2022Sell866,029$32.47$28,119,961.635,263,634View SEC Filing Icon  
8/3/2020Sell200,000$45.00$9,000,000.004,363,466View SEC Filing Icon  
2/12/2020Sell16,652$44.01$732,854.524,036,367View SEC Filing Icon  
2/10/2020Sell100,000$44.63$4,463,000.004,119,715View SEC Filing Icon  
3/11/2019Sell30,224$28.87$872,566.88View SEC Filing Icon  
3/7/2019Sell30,000$28.28$848,400.00View SEC Filing Icon  
3/5/2019Sell35,224$28.52$1,004,588.48View SEC Filing Icon  
2/25/2019Sell55,000$29.65$1,630,750.00View SEC Filing Icon  
5/8/2018Sell204,120$32.01$6,533,881.20View SEC Filing Icon  
See Full Table

David D. Mandarich Buying and Selling Activity at M.D.C.

This chart shows David D Mandarich's buying and selling at M.D.C. by year and by quarter.

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M.D.C. Company Overview

M.D.C. logo
M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee, and Virginia. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, Pennsylvania, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado. As of April 19, 2024, M.D.C. Holdings, Inc. operates as a subsidiary of SH Residential Holdings, LLC.
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Today's Range

Now: $62.98
Low: $62.98
High: $62.98

50 Day Range

MA: $62.79
Low: $62.22
High: $62.98

2 Week Range

Now: $62.98
Low: $36.47
High: $63.00

Volume

N/A

Average Volume

1,973,656 shs

Market Capitalization

$4.73 billion

P/E Ratio

11.93

Dividend Yield

3.49%

Beta

1.54