Michael R. Hynes net worth and biography

Michael Hynes Biography and Net Worth

Michael R. Hynes was promoted to Senior Vice President, Operations in July 2022. He has had a 17-year career at Reliance, beginning at Reliance Metalcenter Union City, then Phoenix Metals, where he served as President since 2019. For 17 years prior to his time at Reliance, Mr. Hynes held various roles in the metals service center industry, from test report clerk to inside and outsides sales, to management. He has a wealth of industry and product knowledge in many of the key end markets in which Reliance operates, with an exceptional focus on customer service. Mr. Hynes has demonstrated strong leadership as President of Phoenix Metals – one of Reliance’s largest subsidiaries – especially in the areas of safety and organic growth. He holds a BS degree in Business Administration, Marketing from Rockhurst University.

What is Michael R. Hynes' net worth?: The estimated net worth of Michael R. Hynes is at least $1.73 million as of December 4th, 2023. Mr. Hynes owns 5,956 shares of Reliance stock worth more than $1,730,933 as of April 27th. This net worth evaluation does not reflect any other assets that Mr. Hynes may own. Learn More about Michael R. Hynes' net worth.
How do I contact Michael R. Hynes?: The corporate mailing address for Mr. Hynes and other Reliance executives is 350 South Grand Avenue Suite 5100, LOS ANGELES CA, 90071. Reliance can also be reached via phone at (480) 564-5700 and via email at [email protected]. Learn More on Michael R. Hynes' contact information.
Has Michael R. Hynes been buying or selling shares of Reliance?: Michael R. Hynes has not been actively trading shares of Reliance in the last ninety days. Most recently, Michael R. Hynes sold 1,057 shares of the business's stock in a transaction on Monday, December 4th. The shares were sold at an average price of $278.86, for a transaction totalling $294,755.02. Following the completion of the sale, the vice president now directly owns 5,956 shares of the company's stock, valued at $1,660,890.16. Learn More on Michael R. Hynes' trading history.
Who are Reliance's active insiders?: Reliance's insider roster includes Arthur Ajemyan (CFO), Jeffrey Durham (VP), James Hoffman (CEO), Michael Hynes (VP), Mark Kaminski (Director), Stephen Koch (VP), Karla Lewis (President), Sean Mollins (VP), Michael Shanley (VP), and William Smith, II (SVP). Learn More on Reliance's active insiders.
Are insiders buying or selling shares of Reliance?: During the last twelve months, insiders at the industrial products company sold shares 14 times. They sold a total of 160,113 shares worth more than $47,948,077.66. The most recent insider tranaction occured on March, 6th when CFO Arthur Ajemyan sold 3,000 shares worth more than $968,850.00. Insiders at Reliance own 0.7% of the company. Learn More about insider trades at Reliance.
Information on this page was last updated on 3/6/2024.

Michael R. Hynes Insider Trading History at Reliance

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
12/4/2023	Sell	1,057	$278.86	$294,755.02	5,956

Michael R. Hynes Buying and Selling Activity at Reliance

Reliance Company Overview

Reliance, Inc. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Scottsdale, Arizona.

Today's Range

Now: $290.62

$289.90

$298.00

50 Day Range

MA: $324.16

$290.42

$340.00

2 Week Range

Now: $290.62

$229.12

$342.20

Volume

488,495 shs

Average Volume

223,247 shs

Market Capitalization

$16.69 billion

P/E Ratio

13.57

Dividend Yield

1.51%

Beta

0.87

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