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Ramin Sayar Biography and Net Worth

CEO of Sumo Logic

As CEO, Ramin brings 20 years of industry experience as a strategic and operating leader of both small and large organizations, and has a strong track record of developing innovative products in both emerging and mature markets. Ramin joined Sumo Logic from VMware where he formulated the strategy for and built the industry’s leading private cloud management products. The Cloud Management Business Unit became the fastest growing business within VMware, with nearly $1 billion in revenue during his nearly five-year tenure. Previously, Ramin held executive roles at leading enterprises, including Vice President of Products and Strategy at HP Software, Senior Director of Products at Mercury Software, Director of Products and Solutions at TIBCO, Product Line Marketing Manager at iPlanet Software, and Product Line Marketing Manager at Netscape. He also serves on the technology and executive boards of various startup companies. Ramin holds an MBA from San Jose State University and B.A. from the University of California, Santa Barbara.

What is Ramin Sayar's net worth?: The estimated net worth of Ramin Sayar is at least $8.86 million as of March 15th, 2023. Mr. Sayar owns 735,495 shares of Sumo Logic stock worth more than $8,855,360 as of April 19th. This net worth approximation does not reflect any other assets that Mr. Sayar may own. Additionally, Mr. Sayar receives a salary of $713,530.00 as CEO at Sumo Logic. Learn More about Ramin Sayar's net worth.
How old is Ramin Sayar?: Mr. Sayar is currently 50 years old. There are 3 older executives and no younger executives at Sumo Logic. Learn More on Ramin Sayar's age.
What is Ramin Sayar's salary?: As the CEO of Sumo Logic, Inc., Mr. Sayar earns $713,530.00 per year. Learn More on Ramin Sayar's salary.
How do I contact Ramin Sayar?: The corporate mailing address for Mr. Sayar and other Sumo Logic executives is 305 MAIN STREET, REDWOOD CITY CA, 94063. Sumo Logic can also be reached via phone at 650-670-8002 and via email at [email protected]. Learn More on Ramin Sayar's contact information.
Has Ramin Sayar been buying or selling shares of Sumo Logic?: Ramin Sayar has not been actively trading shares of Sumo Logic in the last ninety days. Most recently, Ramin Sayar sold 21,812 shares of the business's stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $11.84, for a transaction totalling $258,254.08. Following the completion of the sale, the chief executive officer now directly owns 735,495 shares of the company's stock, valued at $8,708,260.80. Learn More on Ramin Sayar's trading history.
Who are Sumo Logic's active insiders?: Sumo Logic's insider roster includes Christian Beedgen (Director), Sydney Carey (CFO), Suku Chettiar (CMO), Steven Fitz (CRO), Katherine Haar (General Counsel), Jennifer McCord (CAO), and Ramin Sayar (CEO). Learn More on Sumo Logic's active insiders.

Ramin Sayar Insider Trading History at Sumo Logic

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/15/2023	Sell	21,812	$11.84	$258,254.08	735,495
12/15/2022	Sell	32,719	$8.30	$271,567.70	757,307
9/15/2022	Sell	30,883	$8.80	$271,770.40	790,025
9/8/2022	Sell	4,035	$8.60	$34,701.00	820,908
8/8/2022	Sell	4,035	$8.22	$33,167.70	824,943
7/8/2022	Sell	4,035	$8.31	$33,530.85	828,978
6/23/2022	Sell	21,823	$7.93	$173,056.39	833,013
6/21/2022	Sell	41,496	$7.66	$317,859.36	854,836
6/15/2022	Sell	30,883	$7.31	$225,754.73	896,332
1/20/2022	Sell	3,800	$11.65	$44,270.00
12/22/2021	Sell	861	$14.01	$12,062.61
12/20/2021	Sell	3,800	$13.97	$53,086.00
12/16/2021	Sell	20,553	$14.10	$289,797.30
11/22/2021	Sell	3,800	$14.08	$53,504.00
10/20/2021	Sell	3,800	$17.23	$65,474.00
9/20/2021	Sell	3,800	$17.50	$66,500.00
9/15/2021	Sell	21,472	$17.92	$384,778.24
7/20/2021	Sell	2,600	$20.39	$53,014.00
6/21/2021	Sell	100,300	$21.80	$2,186,540.00
6/17/2021	Sell	24,137	$19.10	$461,016.70
5/20/2021	Sell	62,000	$18.27	$1,132,740.00
4/20/2021	Sell	62,000	$18.03	$1,117,860.00
3/22/2021	Sell	217,375	$19.71	$4,284,461.25
3/16/2021	Sell	150,125	$20.53	$3,082,066.25

Ramin Sayar Buying and Selling Activity at Sumo Logic

Sumo Logic Company Overview

Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. It offers Continuous Intelligence Platform, a cloud-native, multi-tenant, and secure service that leverages to enable reliability and security of cloud applications and workloads. The company also provides observability solution, an out-of-the-box solution for managing their application reliability for cloud applications; and security solution that helps developers, security analysts, and security operation centers that detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for cloud applications. The company was incorporated in 2010 and is headquartered in Redwood City, California.

Today's Range

Now: $12.04

$12.04

50 Day Range

MA: $12.04

$12.00

$12.05

2 Week Range

Now: $12.04

$6.43

$12.60

Volume

786 shs

Average Volume

2,726,729 shs

Market Capitalization

$1.49 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.3

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