Ajay  Shah net worth and biography

Ajay Shah Biography and Net Worth

Director of SMART Global
Ajay Shah has been appointed as Executive Chairman of the Board of the Company effective 8/31/2020. Mr. Shah also served as a Chairman of SMART Worldwide Holdings, Inc. since its spin-off from Solectron in April 2004. On November 7, 2017, Mr. Shah assumed the role of Executive Chairman and became Co-Chief Executive Officer of SMART Global Holdings in March 2018 and then President and Chief Executive Officer (CEO) in June 2018. Mr. Shah joined Silver Lake in 2007, and is the co-founder and Managing Partner of the firm’s middle-market private equity fund, Silver Lake Sumeru. Previously, he founded Shah Capital Partners and he is a principal of that firm. Earlier in his career, Mr. Shah was the co-founder and CEO of SMART Modular Technologies, Inc. (SMART Modular) which he led through its initial public offering in 1995 and its sale to Solectron Corporation in 1999. Prior to that, he was in senior roles for Advanced Micro Devices and Samsung Semiconductor. Currently, Mr. Shah serves on the board of directors of Velocity Technology Solutions and Alpha Petroleum. Outside of his management and investment activities, he is a board director of the National Audubon Society, a senior fellow of the American Leadership Forum, a board director of The Indian School of Business and a Trustee of the American India Foundation. Previously, Mr. Shah served on the boards and advisory councils of many public, private and non-profit entities such as Flextronics, Inc., Power-One, Stanford School of Engineering and KQED Public Television. Mr. Shah has a B.S. in Engineering from the University of Baroda and an M.S. in Engineering Management from Stanford University.

What is Ajay Shah's net worth?

The estimated net worth of Ajay Shah is at least $12.57 million as of December 12th, 2023. Mr. Shah owns 477,399 shares of SMART Global stock worth more than $12,565,142 as of March 29th. This net worth approximation does not reflect any other assets that Mr. Shah may own. Learn More about Ajay Shah's net worth.

How do I contact Ajay Shah?

The corporate mailing address for Mr. Shah and other SMART Global executives is 39870 EUREKA DRIVE, NEWARK CA, 94560. SMART Global can also be reached via phone at (866) 977-4446 and via email at [email protected]. Learn More on Ajay Shah's contact information.

Has Ajay Shah been buying or selling shares of SMART Global?

Ajay Shah has not been actively trading shares of SMART Global during the last quarter. Most recently, Ajay Shah sold 20,478 shares of the business's stock in a transaction on Monday, November 1st. The shares were sold at an average price of $54.09, for a transaction totalling $1,107,655.02. Learn More on Ajay Shah's trading history.

Who are SMART Global's active insiders?

SMART Global's insider roster includes Mark Adams (CEO), KiWan Kim (EVP), Alan Marten (SVP), Jack Pacheco (COO), Mukesh Patel (Director), and Ajay Shah (Director). Learn More on SMART Global's active insiders.

Are insiders buying or selling shares of SMART Global?

In the last twelve months, SMART Global insiders bought shares 1 times. They purchased a total of 1,800 shares worth more than $24,426.00. In the last twelve months, insiders at the sold shares 19 times. They sold a total of 97,806 shares worth more than $2,373,045.56. The most recent insider tranaction occured on February, 12th when Director Penny Herscher sold 2,525 shares worth more than $57,115.50. Insiders at SMART Global own 2.3% of the company. Learn More about insider trades at SMART Global.

Information on this page was last updated on 2/12/2024.

Ajay Shah Insider Trading History at SMART Global

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/1/2021Sell20,478$54.09$1,107,655.02View SEC Filing Icon  
10/28/2021Sell10,229$53.05$542,648.45View SEC Filing Icon  
10/26/2021Sell43,183$51.03$2,203,628.49View SEC Filing Icon  
7/27/2021Sell11,647$45.00$524,115.00View SEC Filing Icon  
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Ajay Shah Buying and Selling Activity at SMART Global

This chart shows Ajay Shah's buying and selling at SMART Global by year and by quarter.

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SMART Global Company Overview

SMART Global logo
SMART Global Holdings, Inc., a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platform Solutions, and LED Solutions segments. The company offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. It also provides Penguin Computing that focus on technical computing for core and cloud environments through HPC and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications including high-performance products for government, health care, industrial, and telecommunications applications. In addition, the company offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and leading-edge solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, it provides LED-based products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brand. The company sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California.
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Today's Range

Now: $26.32
Low: $26.20
High: $26.76

50 Day Range

MA: $22.28
Low: $19.62
High: $26.90

2 Week Range

Now: $26.32
Low: $12.66
High: $29.99

Volume

729,977 shs

Average Volume

1,238,175 shs

Market Capitalization

$1.36 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.7