Jeffrey J. Brown net worth and biography

Jeffrey Brown Biography and Net Worth

Director of Medifast
Mr. Brown serves as a member of the Audit Committee, Executive Committee and Mergers & Acquisitions Committee. He has also served as Lead Director of the Company since June 2015. Mr. Brown is the Chief Executive Officer and founding member of Brown Equity Partners, LLC (“BEP”), which provides capital to management teams and companies needing equity capital. 

Prior to founding BEP in 2007, Mr. Brown served as a founding partner and primary deal originator of the venture capital and private equity firm Forrest Binkley & Brown (“FBB”) from 1993 to 2007.

In his 30 years in the investment business, Mr. Brown served on over 45 boards of directors including service on nine public company boards.  Since June 2017, Mr. Brown has served as a director of Rent-A-Center (Nasdaq: RCII), a company that operates in the retail rent-to-own industry. Mr. Brown has served as a director of Outerwall, Inc. (Nasdaq: OUTR), a company that delivers automated retail spaces, from August 2016 until 2017, and as a director of Aretec Group, Inc. (“Aretec”) (formerly known as RCS Capital Corporation), since February 2014.  On January 31, 2016, Aretec and certain of its subsidiaries filed a voluntary petition for reorganization in the United States Bankruptcy Court for the District of Delaware (Case No. 16-10223), seeking relief under Chapter 11 of Title 11 of the United States Code.  Aretec emerged from bankruptcy in May 2016.  From 2011 until 2015, Mr. Brown served as a director of Midatech Pharma PLC (LSE: MTPH).  From 2014 until 2016, Mr. Brown served as a director of Nordion, Inc. (NYSE: NDZ).  From 2009 until 2011, Mr. Brown served as a director of Steadfast Income REIT, Inc.

Mr. Brown has worked at Hughes Aircraft Company, Morgan Stanley & Company, Security Pacific Capital Corporation and Bank of America Corporation. 

Qualifications: Mr. Brown brings to the Board extensive public and private company board experience and significant transactional experience.

What is Jeffrey J. Brown's net worth?

The estimated net worth of Jeffrey J. Brown is at least $290,568.46 as of November 8th, 2022. Mr. Brown owns 2,366 shares of Medifast stock worth more than $290,568 as of December 1st. This net worth estimate does not reflect any other assets that Mr. Brown may own. Learn More about Jeffrey J. Brown's net worth.

How do I contact Jeffrey J. Brown?

The corporate mailing address for Mr. Brown and other Medifast executives is 100 International Drive, Baltimore MD, 21202. Medifast can also be reached via phone at (410) 581-8042 and via email at [email protected] Learn More on Jeffrey J. Brown's contact information.

Has Jeffrey J. Brown been buying or selling shares of Medifast?

Over the course of the past ninety days, Jeffrey J. Brown has bought $60,221.82 of Medifast stock. Most recently, on Tuesday, November 8th, Jeffrey J. Brown bought 12 shares of Medifast stock. The stock was acquired at an average cost of $106.93 per share, with a total value of $1,283.16. Following the completion of the transaction, the director now directly owns 2,366 shares of the company's stock, valued at $252,996.38. Learn More on Jeffrey J. Brown's trading history.

Who are Medifast's active insiders?

Medifast's insider roster includes Jeffrey Brown (Director), Kevin Byrnes (Director), Daniel Chard (CEO), and Constance Hallquist (Director). Learn More on Medifast's active insiders.

Are insiders buying or selling shares of Medifast?

During the last year, Medifast insiders bought shares 8 times. They purchased a total of 6,614 shares worth more than $931,950.31. During the last year, insiders at the specialty retailer sold shares 1 times. They sold a total of 1,150 shares worth more than $200,456.50. The most recent insider tranaction occured on November, 8th when Director Jeffrey J Brown bought 12 shares worth more than $1,283.16. Insiders at Medifast own 2.3 % of the company. Learn More about insider trades at Medifast.

Information on this page was last updated on 11/8/2022.

Jeffrey J. Brown Insider Trading History at Medifast

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/8/2022Buy12$106.93$1,283.162,366View SEC Filing Icon  
11/4/2022Buy561$105.06$58,938.6636,499View SEC Filing Icon  
8/9/2022Buy3,940$126.54$498,567.603,940View SEC Filing Icon  
8/4/2022Buy399$146.01$58,257.9935,938View SEC Filing Icon  
5/5/2022Buy315$183.25$57,723.7535,539View SEC Filing Icon  
2/4/2022Buy266$186.40$49,582.4035,223View SEC Filing Icon  
11/8/2021Buy4,200$231.89$973,938.00View SEC Filing Icon  
8/6/2021Buy142$286.16$40,634.72765View SEC Filing Icon  
5/6/2021Buy180$225.04$40,507.20View SEC Filing Icon  
2/5/2021Buy133$240.99$32,051.67View SEC Filing Icon  
5/8/2020Buy42$116.43$4,890.061,327View SEC Filing Icon  
5/3/2020Buy51$150.06$7,653.061,327View SEC Filing Icon  
2/8/2020Buy72$66.91$4,817.521,327View SEC Filing Icon  
2/5/2020Buy59$129.49$7,639.911,327View SEC Filing Icon  
11/9/2016Buy10,000$38.71$387,100.0013,254View SEC Filing Icon  
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Jeffrey J. Brown Buying and Selling Activity at Medifast

This chart shows Jeffrey J Brown's buying and selling at Medifast by year and by quarter.

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Medifast Company Overview

Medifast logo
Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. The company offers bars, bites, pretzels, puffs, cereal crunch, drinks, hearty choices, oatmeal, pancakes, pudding, soft serves, shakes, smoothies, soft bakes, and soups under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. It markets its products through point-of-sale transactions over ecommerce platform. The company was founded in 1980 and is headquartered in Baltimore, Maryland.
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Today's Range

Now: $122.81
Low: $122.03
High: $127.05

50 Day Range

MA: $115.39
Low: $103.38
High: $126.05

2 Week Range

Now: $122.81
Low: $96.00
High: $221.99


1,842 shs

Average Volume

154,685 shs

Market Capitalization

$1.34 billion

P/E Ratio


Dividend Yield