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During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.

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Kris A. Canekeratne net worth and biography

Kris Canekeratne Biography and Net Worth

CEO of Virtusa

Krishan “Kris” Canekeratne is the co-founder, CEO, and chairman of Virtusa Corporation, a leading provider of solutions for digital business strategy, digital engineering, and information technology.

Virtusa’s clients are Global 2000 companies in the financial services, banking, healthcare, insurance, travel, media, communications, entertainment, manufacturing, and technology sectors. As CEO, Canekeratne presides over 22,000 team members in 50 offices across North America, Europe and Asia.

He co-founded Virtusa in 1996 believing that the software industry was primed for transformation. Now, the company partners with some of the world’s most respected brands to accelerate innovation and transform businesses, while applying new technologies to increase efficiencies and reduce risk.

Virtusa’s IPO was completed in 2007 after the company witnessed compounded annual revenue growth of 50 percent over a five-year period and grew to over 3,500 employees globally.

Prior to Virtusa, Canekeratne co-founded eDocs, Inc., a leading provider of electronic bill payment technology. eDocs was acquired by Siebel Systems (now part of Oracle Corporation) in 2004 for $115 million.

In 1989, Canekeratne was also a founding member of INSCI Corporation, a supplier of digital document repositories and integrated output management products and services.

He holds a bachelor’s degree in computer science from Syracuse University.

What is Kris A. Canekeratne's net worth?: The estimated net worth of Kris A. Canekeratne is at least $36.27 million as of December 2nd, 2019. Mr. Canekeratne owns 706,748 shares of Virtusa stock worth more than $36,273,841 as of May 8th. This net worth approximation does not reflect any other investments that Mr. Canekeratne may own. Additionally, Mr. Canekeratne receives an annual salary of $525,000.00 as CEO at Virtusa. Learn More about Kris A. Canekeratne's net worth.
How old is Kris A. Canekeratne?: Mr. Canekeratne is currently 55 years old. There are 5 older executives and no younger executives at Virtusa. Learn More on Kris A. Canekeratne's age.
What is Kris A. Canekeratne's salary?: As the CEO of Virtusa Co., Mr. Canekeratne earns $525,000.00 per year. Learn More on Kris A. Canekeratne's salary.
How do I contact Kris A. Canekeratne?: The corporate mailing address for Mr. Canekeratne and other Virtusa executives is 132 TURNPIKE RD, SOUTHBOROUGH MA, 01772. Virtusa can also be reached via phone at 508-389-7300 and via email at [email protected]. Learn More on Kris A. Canekeratne's contact information.
Has Kris A. Canekeratne been buying or selling shares of Virtusa?: Kris A. Canekeratne has not been actively trading shares of Virtusa during the last quarter. Most recently, Kris A. Canekeratne sold 7,500 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $44.53, for a transaction totalling $333,975.00. Following the completion of the sale, the chief executive officer now directly owns 706,748 shares of the company's stock, valued at $31,471,488.44. Learn More on Kris A. Canekeratne's trading history.
Who are Virtusa's active insiders?: Virtusa's insider roster includes Kris Canekeratne (CEO), Krishan Canekeratne (Co-Founder), W. M. Duminda Ratnayake (EVP), and Roger Modder (Exec. VP). Learn More on Virtusa's active insiders.

Kris A. Canekeratne Insider Trading History at Virtusa

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/2/2019	Sell	7,500	$44.53	$333,975.00	706,748
11/12/2019	Sell	7,500	$42.86	$321,450.00	706,748
10/23/2019	Sell	7,500	$35.50	$266,250.00	706,748
9/4/2019	Sell	15,000	$36.57	$548,550.00	706,748
7/1/2019	Sell	7,500	$44.31	$332,325.00	723,926
6/13/2019	Sell	7,500	$44.19	$331,425.00	723,926
5/3/2019	Sell	12,000	$55.05	$660,600.00	585,117
5/1/2019	Sell	7,500	$54.97	$412,275.00
4/10/2019	Sell	12,000	$56.41	$676,920.00	597,117
4/1/2019	Sell	10,000	$54.09	$540,900.00	609,117
3/28/2019	Sell	12,000	$52.91	$634,920.00	609,117
3/11/2019	Sell	62,175	$51.19	$3,182,738.25	683,292
2/19/2019	Sell	10,160	$51.00	$518,160.00	635,547
2/14/2019	Sell	12,000	$51.54	$618,480.00	649,387
2/12/2019	Sell	10,000	$52.18	$521,800.00	661,387
1/16/2019	Sell	10,000	$46.85	$468,500.00	661,387
1/4/2019	Sell	12,000	$42.06	$504,720.00	661,387
12/31/2018	Sell	10,520	$41.67	$438,368.40	683,907
12/31/2018	Sell	12,000	$41.60	$499,200.00	683,907
12/28/2018	Sell	1,480	$41.16	$60,916.80	683,907
12/28/2018	Sell	1,480	$41.16	$60,916.80	683,907
8/17/2018	Sell	3,000	$53.17	$159,510.00	722,691
7/12/2018	Sell	12,000	$53.48	$641,760.00	728,691
7/5/2018	Sell	3,000	$50.28	$150,840.00	734,691
5/1/2018	Sell	3,000	$47.47	$142,410.00	485,827
4/16/2018	Sell	3,000	$47.42	$142,260.00	485,827
3/13/2018	Sell	12,000	$51.22	$614,640.00
3/1/2018	Sell	3,000	$47.60	$142,800.00	497,827
2/23/2018	Sell	12,000	$49.86	$598,320.00
2/12/2018	Sell	10,000	$47.51	$475,100.00	535,491
1/19/2018	Sell	12,000	$47.70	$572,400.00	541,491
1/11/2018	Sell	12,000	$46.12	$553,440.00	553,491
1/4/2018	Sell	10,000	$45.06	$450,600.00	559,491
12/1/2017	Sell	10,000	$45.48	$454,800.00
11/14/2017	Sell	12,000	$46.04	$552,480.00	559,491
11/10/2017	Sell	10,000	$45.06	$450,600.00	571,491
10/2/2017	Sell	22,000	$37.96	$835,120.00	577,491
9/25/2017	Sell	11,211	$36.46	$408,753.06	589,491
9/18/2017	Sell	789	$36.09	$28,475.01	594,702
9/1/2017	Sell	10,000	$36.07	$360,700.00	595,491
8/15/2017	Sell	6,000	$36.89	$221,340.00	604,186
8/14/2017	Sell	6,000	$36.68	$220,080.00	616,186
7/26/2017	Sell	12,000	$33.63	$403,560.00	587,920
6/12/2017	Sell	26,000	$28.63	$744,380.00	619,920
6/9/2017	Sell	74,000	$28.76	$2,128,240.00	780,315
1/6/2017	Sell	12,000	$26.60	$319,200.00	756,133
12/15/2016	Sell	24,000	$24.77	$594,480.00	774,133
12/1/2016	Sell	24,000	$22.53	$540,720.00	802,133
9/9/2016	Sell	24,000	$26.01	$624,240.00	826,133
6/2/2016	Sell	18,000	$35.02	$630,360.00	813,414
4/19/2016	Sell	6,000	$37.15	$222,900.00	821,415
4/18/2016	Sell	4,000	$37.19	$148,760.00	821,415
4/6/2016	Sell	12,000	$36.66	$439,920.00	831,415
4/5/2016	Sell	6,000	$36.83	$220,980.00	831,415
3/9/2016	Sell	12,000	$35.42	$425,040.00	845,415
3/8/2016	Sell	4,000	$35.39	$141,560.00	845,415
1/25/2016	Sell	12,000	$44.76	$537,120.00	842,187
7/16/2015	Sell	6,000	$51.17	$307,020.00
6/4/2015	Sell	12,000	$46.60	$559,200.00
5/20/2015	Sell	12,000	$45.21	$542,520.00
5/15/2015	Sell	12,000	$45.38	$544,560.00
3/17/2015	Sell	12,000	$40.42	$485,040.00
3/16/2015	Sell	6,000	$40.38	$242,280.00
3/3/2015	Sell	9,500	$40.10	$380,950.00
2/25/2015	Sell	2,500	$39.83	$99,575.00
2/20/2015	Sell	12,000	$39.74	$476,880.00
12/8/2014	Sell	14,135	$40.68	$575,011.80
12/5/2014	Sell	40,000	$40.87	$1,634,800.00
12/2/2014	Sell	12,000	$40.02	$480,240.00
11/12/2014	Sell	3,447	$40.00	$137,880.00
11/11/2014	Sell	21,553	$40.01	$862,335.53
11/5/2014	Sell	12,000	$40.03	$480,360.00
10/6/2014	Sell	4,000	$35.80	$143,200.00
9/4/2014	Sell	4,000	$34.10	$136,400.00
9/3/2014	Sell	8,000	$34.35	$274,800.00
9/2/2014	Sell	4,000	$34.42	$137,680.00
8/12/2014	Sell	12,000	$33.58	$402,960.00
8/11/2014	Sell	6,000	$33.79	$202,740.00
6/27/2014	Sell	4,000	$35.52	$142,080.00
6/25/2014	Sell	3,000	$35.61	$106,830.00
6/24/2014	Sell	5,000	$36.03	$180,150.00
6/18/2014	Sell	12,000	$35.15	$421,800.00
10/18/2013	Sell	12,000	$30.91	$370,920.00
4/11/2013	Sell	12,000	$23.67	$284,040.00

Kris A. Canekeratne Buying and Selling Activity at Virtusa

Virtusa Company Overview

Virtusa Corporation provides digital engineering and information technology (IT) outsourcing services primarily in North America, Europe, and Asia. The company offers business and IT consulting services, including advisory/target operating model, business process re-engineering/business process management, application portfolio rationalization, and business/technology alignment analysis; digital transformation services, such as digital strategy user experience and design, application and platform engineering analytics, intelligent automation content and customer experience, and cyber security; and cloud transformation services comprising cloud strategy and migration, cloud native applications, and capex to opex models. It also provides application development, software product engineering, CRM and SAP implementation, content management, enterprise mobility, cloud computing, social media, and cloud engineering solutions; systems consolidation and rationalization, technology migration and porting, and Web-enablement of legacy applications; data management, business intelligence, reporting and decision support, master data management, data integration, big data analytics, data lake, and data on the cloud services; and software quality assurance and managed testing services. In addition, the company offers application enhancement, maintenance, and support, and cloud-environment management and support; managed infrastructure, and remote application monitoring and support services; and IT efficiency improvement services. Further, it offers digital engineering and operational excellence services-based, and transformational solutions. Virtusa Corporation serves communications and technology; banking, financial services, and insurance; and media and information industries. The company was formerly known as eRunway, Inc. and changed its name to Virtusa Corporation in April 2002. Virtusa Corporation was founded in 1996 and is headquartered in Southborough, Massachusetts.

Today's Range

Now: $51.33

$51.33

50 Day Range

MA: $51.25

$51.00

$51.33

2 Week Range

Now: $51.33

$19.48

$51.55

Volume

N/A

Average Volume

392,693 shs

Market Capitalization

$1.56 billion

P/E Ratio

41.73

Dividend Yield

N/A

Beta

1.39

The new financial threat that could wipe out millions…

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