The estimated Net Worth of Samer Tawfik is at least $1.33 Million dollars as of 16 May 2022. Mr. Tawfik owns over 9,000 units of Lmp Automotive Inc stock worth over $144,320 and over the last 5 years he sold LMPX stock worth over $1,065,150. In addition, he makes $120,000 as Chairman of the Board, President, Chief Executive Officer, and Founder at Lmp Automotive Inc.
Samer has made over 33 trades of the Lmp Automotive Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 9,000 units of LMPX stock worth $37,350 on 16 May 2022.
The largest trade he's ever made was buying 550,000 units of Lmp Automotive Inc stock on 5 December 2019 worth over $2,750,000. On average, Samer trades about 46,154 units every 26 days since 2019. As of 16 May 2022 he still owns at least 902,000 units of Lmp Automotive Inc stock.
You can see the complete history of Mr. Tawfik stock trades at the bottom of the page.
Samer Tawfik serves as Chairman of the Board, President, Chief Executive Officer, Founder of the Company. Prior to the founding of LMP Automotive Holdings, Inc., Mr. Tawfik was the founder and Chief Executive Officer of Telco Group, Inc. which was acquired by Leucadia National Corp. in 2007 with a valuation of $160,000,000. Mr. Tawfik also founded and was Chief Executive Officer of PT-1 Communications, Inc. which was acquired by Star Telecommunications Inc. in 1998 with a valuation of $590,000,000. From February 1999 through March 2000, Mr. Tawfik served as a Director of Star Telecommunications, Inc. Mr. Tawfik has extensive experience in technology, finance, banking and statistical science. Awards given to Mr. Tawfik and his prior companies include, Top 10 technology & communications CEO in the U.S., number 1 on Inc. 500’s fastest growing company list in the U.S. for two consecutive years, largest pre-paid Telecom company in the world, Consumer Reports’ best new product of the year, JPM / KPMG Top 25 private employers, number 1 fastest growing in N.Y., 10th largest private company in N.Y., 4th largest international and 8th largest long-distance telecom company in the U.S. behind AT&T, and many more.
As the Chairman of the Board, President, Chief Executive Officer, and Founder of Lmp Automotive Inc, the total compensation of Samer Tawfik at Lmp Automotive Inc is $120,000. There are 1 executives at Lmp Automotive Inc getting paid more, with B. Richard Aldahan having the highest compensation of $266,306.
Samer Tawfik is 54, he's been the Chairman of the Board, President, Chief Executive Officer, and Founder of Lmp Automotive Inc since 2018. There are 7 older and 1 younger executives at Lmp Automotive Inc. The oldest executive at Lmp Automotive Holdings Inc is Robert Morris, 72, who is the Independent Director.
Samer's mailing address filed with the SEC is C/O LMP AUTOMOTIVE HOLDINGS, INC., 500 EAST BROWARD BLVD., SUITE 1900, FT. LAUDERDALE, FL, 33394.
Over the last 5 years, insiders at Lmp Automotive Inc have traded over $1,065,150 worth of Lmp Automotive Inc stock and bought 1,474,805 units worth $9,996,866 . The most active insiders traders include Samer Tawfik, William G Cohen, and Richard Aldahan. On average, Lmp Automotive Inc executives and independent directors trade stock every 20 days with the average trade being worth of $6,031. The most recent stock trade was executed by Samer Tawfik on 16 May 2022, trading 9,000 units of LMPX stock currently worth $37,350.
lmp automotive holdings, inc. operates an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe for, or finance pre-owned and new automobiles in the united states. it buys pre-owned automobiles primarily through auctions or directly from other automobile dealers and new automobiles from manufacturers and manufacturer distributors at fleet rates. the company also subscribes the automobiles to its customers by allowing them to enter into its subscription plan for automobiles in which customers have use of an automobile for a minimum of thirty days. its all-inclusive vehicle subscription membership includes monthly swaps and covers insurance, maintenance, and upkeep. in addition, it sells its inventory, including automobiles to customers and repeats the process. lmp automotive holdings, inc. was incorporated in 2017 and is headquartered in fort lauderdale, florida.
Lmp Automotive Inc executives and other stock owners filed with the SEC include: