Michael Praeger
Net Worth

Last updated:

What is Michael Praeger net worth?

The estimated net worth of Mr. Michael Praeger is at least $108,340,694 as of 2 Dec 2024. He owns shares worth $102,772,227 as insider, has earned $3,355,757 from insider trading and has received compensation worth at least $2,212,710 in AvidXchange Holdings, Inc..

What is the salary of Michael Praeger?

Mr. Michael Praeger salary is $737,570 per year as Co-Founder, Chairman, Pres & Chief Executive Officer in AvidXchange Holdings, Inc..

How old is Michael Praeger?

Mr. Michael Praeger is 60 years old, born in 1965.

What stocks does Michael Praeger currently own?

As insider, Mr. Michael Praeger owns shares in one company:

Company Title Shares Price per share Total value
AvidXchange Holdings, Inc. (AVDX) Co-Founder, Chairman, Pres & Chief Executive Officer 10,381,033 $9.9 $102,772,227

What does AvidXchange Holdings, Inc. do?

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

AVDX logo
AVDX
AvidXchange Holdings, Inc.
$9.9

Michael Praeger insider trading

AvidXchange Holdings, Inc.

Mr. Michael Praeger has made 26 insider trades between 2022-2024, according to the Form 4 filled with the SEC. Most recently he sold 42,377 units of AVDX stock worth $483,310 on 2 Dec 2024.

The largest trade he's ever made was exercising 71,412 units of AVDX stock on 10 Mar 2022. As of 2 Dec 2024 he still owns at least 10,381,033 units of AVDX stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 42,377 $11.41 $483,310
Sale
Common Stock 15,451 $10.43 $161,123
Sale
Common Stock 14,174 $10.43 $147,806
Sale
Common Stock 8,449 $10.43 $88,106
Option
Common Stock 32,649 N/A N/A
Option
Common Stock 17,852 N/A N/A
Option
Restricted Stock Units 32,649 N/A N/A
Option
Restricted Stock Units 17,852 N/A N/A
Sale
Common Stock 6,701 $8.17 $54,761
Sale
Common Stock 36,102 $8.02 $289,610
Option
Common Stock 32,649 N/A N/A
Option
Common Stock 17,852 N/A N/A
Sale
Common Stock 15,106 $7.98 $120,531
Sale
Common Stock 13,858 $7.98 $110,573
Option
Restricted Stock Units 17,852 N/A N/A
Option
Restricted Stock Units 32,649 N/A N/A
Sale
Common Stock 8,261 $7.98 $65,915
Sale
Common Stock 4,585 $11.21 $51,384
Sale
Common Stock 2,508 $11.21 $28,107
Sale
Common Stock 4,206 $11.21 $47,137
Sale
Common Stock 29,883 $9.74 $291,150
Option
Common Stock 17,852 N/A N/A
Option
Restricted Stock Units 4,592 N/A N/A
Option
Restricted Stock Units 17,852 N/A N/A
Option
Restricted Stock Units 32,649 N/A N/A
Option
Common Stock 4,592 N/A N/A
Option
Common Stock 32,649 N/A N/A
Sale
Common Stock 14,939 $9.74 $145,506
Sale
Common Stock 8,169 $9.74 $79,566
Sale
Common Stock 2,102 $9.74 $20,473
Sale
Common Stock 59,562 $10.04 $598,181
Option
Restricted Stock Units 4,592 N/A N/A
Option
Common Stock 32,649 N/A N/A
Option
Restricted Stock Units 17,856 N/A N/A
Sale
Common Stock 15,281 $10.09 $154,185
Option
Restricted Stock Units 32,649 N/A N/A
Sale
Common Stock 8,358 $10.09 $84,332
Sale
Common Stock 2,150 $10.09 $21,694
Option
Common Stock 17,856 N/A N/A
Option
Common Stock 4,592 N/A N/A
Option
Common Stock 4,588 N/A N/A
Sale
Common Stock 2,069 $8.82 $18,249
Sale
Common Stock 14,718 $8.82 $129,813
Option
Common Stock 17,852 N/A N/A
Sale
Common Stock 8,048 $8.82 $70,983
Option
Common Stock 32,649 N/A N/A
Option
Restricted Stock Units 4,588 N/A N/A
Option
Restricted Stock Units 32,649 N/A N/A
Option
Restricted Stock Units 17,852 N/A N/A
Option
Employee Stock Option (right to buy) 28,744 $3.54 $101,754
Option
Common Stock 28,744 $3.54 $101,754
Option
Employee Stock Option (right to buy) 27,648 $3.54 $97,874
Option
Common Stock 27,648 $3.54 $97,874
Option
Restricted Stock Units 40 N/A N/A
Option
Common Stock 17,856 N/A N/A
Option
Common Stock 40 N/A N/A
Option
Restricted Stock Units 4,592 N/A N/A
Sale
Common Stock 19 $9.33 $177
Sale
Common Stock 7,935 $9.33 $74,034
Sale
Common Stock 2,042 $9.33 $19,052
Option
Common Stock 4,592 N/A N/A
Option
Restricted Stock Units 17,856 N/A N/A
Option
Restricted Stock Units 4,588 N/A N/A
Option
Restricted Stock Units 17,852 N/A N/A
Option
Common Stock 17,852 N/A N/A
Option
Common Stock 4,588 N/A N/A
Option
Restricted Stock Units 4,592 N/A N/A
Option
Common Stock 17,852 N/A N/A
Option
Common Stock 4,592 N/A N/A
Option
Restricted Stock Units 17,852 N/A N/A
Purchase
Common Stock 12,900 $7.71 $99,459
Purchase
Common Stock 14,300 $6.99 $99,900
Option
Restricted Stock Units 36,724 N/A N/A
Option
Common Stock 71,412 N/A N/A
Option
Common Stock 36,724 N/A N/A
Option
Restricted Stock Units 71,412 N/A N/A
Purchase
Common Stock 69,500 $7.11 $494,423

AvidXchange Holdings key executives

AvidXchange Holdings, Inc. executives and other stock owners filed with the SEC: