Mitchell  Jacobson net worth and biography

Mitchell Jacobson Biography and Net Worth

Mr. Jacobson was appointed our President and Chief Executive Officer in October 1995 and held both positions until November 2003. He continued as our Chief Executive Officer until November 2005. Mr. Jacobson was appointed our Chairman of the Board in January 1998 and became Non-executive Chairman of the Board effective January 1, 2013. Previously, Mr. Jacobson was President and Chief Executive Officer of Sid Tool Co., Inc., our predecessor company and current wholly-owned and principal operating subsidiary from June 1982 to November 2005.

Mr. Jacobson has been instrumental to our past and ongoing growth, which reflects the values, strategy and vision that Mr. Jacobson contributes. His leadership as Chairman, experience in industrial distribution and strategic input are critically important to our Board. In addition, as one of our principal shareholders, Mr. Jacobson provides critical insight and perspective relating to the company’s shareholders.

Mr. Jacobson is the uncle of Erik Gershwind, our President and Chief Executive Officer and a director of the company, and the brother of Marjorie Gershwind Fiverson, Mr. Gershwind’s mother. There are no other family relationships among any of our directors or executive officers.

Mr. Jacobson was appointed a director of Ambrosia Holdings, L.P. in August 2017. Mr. Jacobson previously served as a director of HD Supply Holdings, Inc. from October 2007 to December 2013.

What is Mitchell Jacobson's net worth?

The estimated net worth of Mitchell Jacobson is at least $155.69 million as of January 31st, 2024. Mr. Jacobson owns 1,683,810 shares of MSC Industrial Direct stock worth more than $155,685,073 as of April 21st. This net worth evaluation does not reflect any other assets that Mr. Jacobson may own. Learn More about Mitchell Jacobson's net worth.

How do I contact Mitchell Jacobson?

The corporate mailing address for Mr. Jacobson and other MSC Industrial Direct executives is 75 MAXESS ROAD, MELVILLE NY, 11747. MSC Industrial Direct can also be reached via phone at (516) 812-2000 and via email at [email protected]. Learn More on Mitchell Jacobson's contact information.

Has Mitchell Jacobson been buying or selling shares of MSC Industrial Direct?

Mitchell Jacobson has not been actively trading shares of MSC Industrial Direct within the last three months. Most recently, Mitchell Jacobson sold 24,501 shares of the business's stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $99.31, for a transaction totalling $2,433,194.31. Following the completion of the sale, the director now directly owns 1,683,810 shares of the company's stock, valued at $167,219,171.10. Learn More on Mitchell Jacobson's trading history.

Who are MSC Industrial Direct's active insiders?

MSC Industrial Direct's insider roster includes Kristen Actis-Grande (CFO), Steve Armstrong (SVP), Steven Baruch (EVP), Elizabeth Bledsoe (SVP), Charles Bonomo (VP), Erik Gershwind (CEO), Louise Goeser (Director), Kari Heerdt (SVP), Mitchell Jacobson (Director), Douglas Jones (EVP), Edward Martin, Jr. (SVP), Philip Peller (Director), Gregory Polli (SVP), and Kimberly Shacklett (SVP). Learn More on MSC Industrial Direct's active insiders.

Are insiders buying or selling shares of MSC Industrial Direct?

During the last year, insiders at the industrial products company sold shares 11 times. They sold a total of 283,214 shares worth more than $27,618,506.46. The most recent insider tranaction occured on January, 31st when Director Mitchell Jacobson sold 24,501 shares worth more than $2,433,194.31. Insiders at MSC Industrial Direct own 18.8% of the company. Learn More about insider trades at MSC Industrial Direct.

Information on this page was last updated on 1/31/2024.

Mitchell Jacobson Insider Trading History at MSC Industrial Direct

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/31/2024Sell24,501$99.31$2,433,194.311,683,810View SEC Filing Icon  
1/29/2024Sell137,716$97.66$13,449,344.561,708,311View SEC Filing Icon  
1/26/2024Sell18,746$97.63$1,830,171.981,846,027View SEC Filing Icon  
1/22/2024Sell51,040$97.31$4,966,702.401,907,271View SEC Filing Icon  
7/13/2022Buy200,000$72.25$14,450,000.00272,450View SEC Filing Icon  
5/12/2022Buy4,654$79.19$368,550.2672,450View SEC Filing Icon  
1/29/2021Buy67,796$78.04$5,290,799.8467,796View SEC Filing Icon  
5/22/2018Sell100,000$95.00$9,500,000.0050,000View SEC Filing Icon  
5/17/2018Sell8,796$94.91$834,828.364,398View SEC Filing Icon  
1/23/2018Sell362,753$94.09$34,131,429.7790,000View SEC Filing Icon  
1/19/2018Sell87,803$94.31$8,280,700.9390,000View SEC Filing Icon  
1/12/2018Sell64,040$95.81$6,135,672.40View SEC Filing Icon  
11/20/2017Sell104,101$80.91$8,422,811.91View SEC Filing Icon  
11/16/2017Sell30,803$80.64$2,483,953.92View SEC Filing Icon  
11/14/2017Sell26,306$79.40$2,088,696.40View SEC Filing Icon  
11/10/2017Sell11,121$80.79$898,465.59View SEC Filing Icon  
11/6/2017Sell13,582$81.91$1,112,501.62View SEC Filing Icon  
11/2/2017Sell33,866$82.39$2,790,219.7435,932View SEC Filing Icon  
8/19/2014Sell21,313$89.63$1,910,284.19View SEC Filing Icon  
8/18/2014Sell916$89.49$81,972.84View SEC Filing Icon  
7/15/2014Sell30,000$89.58$2,687,400.00View SEC Filing Icon  
5/19/2014Sell5,710$90.32$515,727.2069,733View SEC Filing Icon  
5/13/2014Sell5,000$91.62$458,100.0075,443View SEC Filing Icon  
5/9/2014Sell44,848$89.81$4,027,798.8830,443View SEC Filing Icon  
5/7/2014Sell25,000$89.51$2,237,750.0025,291View SEC Filing Icon  
4/10/2014Sell12,500$89.97$1,124,625.00View SEC Filing Icon  
1/17/2014Sell1,900$88.61$168,359.0082,038View SEC Filing Icon  
1/16/2014Sell25,000$88.43$2,210,750.0083,938View SEC Filing Icon  
1/14/2014Sell90,002$86.60$7,794,173.20107,640View SEC Filing Icon  
1/10/2014Sell40,002$84.91$3,396,569.8297,642View SEC Filing Icon  
8/5/2013Sell12,000$83.90$1,006,800.0037,644View SEC Filing Icon  
5/20/2013Sell30,000$83.64$2,509,200.00View SEC Filing Icon  
5/16/2013Sell49,992$83.95$4,196,828.40View SEC Filing Icon  
5/14/2013Sell30,000$82.78$2,483,400.00View SEC Filing Icon  
5/10/2013Sell45,000$81.79$3,680,550.00View SEC Filing Icon  
5/8/2013Sell30,000$80.81$2,424,300.00View SEC Filing Icon  
See Full Table

Mitchell Jacobson Buying and Selling Activity at MSC Industrial Direct

This chart shows Mitchell Jacobson's buying and selling at MSC Industrial Direct by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

MSC Industrial Direct Company Overview

MSC Industrial Direct logo
MSC Industrial Direct Co., Inc., together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally. The company's MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It offers stock-keeping units through its catalogs and brochures; e-commerce channels, including its website,; inventory management solutions; and customer care centers, customer fulfillment centers, regional inventory centers, and warehouses. The company serves individual machine shops, manufacturing companies, and government agencies. MSC Industrial Direct Co., Inc. was founded in 1941 and is headquartered in Melville, New York.
Read More

Today's Range

Now: $92.46
Low: $91.29
High: $92.55

50 Day Range

MA: $97.22
Low: $91.10
High: $103.08

2 Week Range

Now: $92.46
Low: $88.14
High: $105.77


559,740 shs

Average Volume

521,474 shs

Market Capitalization

$5.21 billion

P/E Ratio


Dividend Yield