Last updated: 28 January 2021 at 4:39pm EST

Menderes Akdag Net Worth




The estimated Net Worth of Menderes Akdag is at least $17.1 Million dollars as of 27 January 2021. Mr. Akdag owns over 60,000 units of Petmed Express stock worth over $1,145,142 and over the last 21 years he sold PETS stock worth over $14,694,841. In addition, he makes $1,303,460 as President, Chief Executive Officer, and Director at Petmed Express.

Mr. Akdag PETS stock SEC Form 4 insiders trading

Menderes has made over 28 trades of the Petmed Express stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 60,000 units of PETS stock worth $2,730,000 on 27 January 2021.

The largest trade he's ever made was selling 60,000 units of Petmed Express stock on 27 January 2021 worth over $2,730,000. On average, Menderes trades about 8,723 units every 46 days since 2003. As of 27 January 2021 he still owns at least 337,800 units of Petmed Express stock.

You can see the complete history of Mr. Akdag stock trades at the bottom of the page.





Menderes Akdag biography

Menderes Akdag serves as President, Chief Executive Officer, Director of the Company. Mr. Akdag is also a member of the Company’s Investment Committee. Mr. Akdag has played a vital role in the continuing development and implementation of the Company’s strategic business plan, leading the Company into its expansion into online retail sales and pursuing nationwide recognition of the Company’s brand. At the time Mr. Akdag accepted the position as Chief Executive Officer, the Company had net operating losses and an accumulated deficit. Since he joined the Company, annual sales have increased from $10.0 million to $284.1 million, and the diluted earnings per share have increased, from a $0.28 loss to $1.29 earnings. In 2009, Mr. Akdag was an Ernst & Young® Entrepreneur of the Year Florida Winner in the retail category as well as a national finalist. Recognized globally, the award honors the most outstanding entrepreneurs who inspire others with their vision, leadership, and achievement. Mr. Akdag holds a Bachelor of Science degree in Business Administration with a major in finance from the University of Florida where he graduated with high honors.

What is the salary of Menderes Akdag?

As the President, Chief Executive Officer, and Director of Petmed Express, the total compensation of Menderes Akdag at Petmed Express is $1,303,460. There are no executives at Petmed Express getting paid more.



How old is Menderes Akdag?

Menderes Akdag is 59, he's been the President, Chief Executive Officer, and Director of Petmed Express since 2005. There are 5 older and 3 younger executives at Petmed Express. The oldest executive at Petmed Express, Inc. is Ronald Korn, 80, who is the Independent Director.

Insiders trading at Petmed Express

Over the last 24 years, insiders at Petmed Express have traded over $24,134,502 worth of Petmed Express stock and bought 61,738 units worth $451,498 . The most active insiders traders include Gian Fulgoni, Menderes Akdag, and Robert C Schweitzer. On average, Petmed Express executives and independent directors trade stock every 36 days with the average trade being worth of $26,079. The most recent stock trade was executed by Jacqueline Paula Smith on 15 August 2024, trading 601 units of PETS stock currently worth $1,917.



What does Petmed Express do?

petmeds® is america's largest pet pharmacy, a publicly traded company (nasdaq: pets). we deliver prescription and non-prescription pet meds along with health and nutritional supplements for dogs, cats and horses at substantial savings directly to you. we serve millions of satisfied customers nationwide from one location.



What does Petmed Express's logo look like?

Petmed Express, Inc. logo

Complete history of Mr. Akdag stock trades at Petmed Express

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
27 Jan 2021 Menderes Akdag
CEO and President
Sale 60,000 $45.50 $2,730,000
27 Jan 2021
337,800
16 Jul 2020 Menderes Akdag
CEO and President
Sale 30,000 $41.00 $1,230,000
16 Jul 2020
360,000
7 Apr 2020 Menderes Akdag
CEO and President
Sale 20,000 $31.25 $625,000
7 Apr 2020
390,000
3 Apr 2020 Menderes Akdag
CEO and President
Sale 30,000 $30.00 $900,000
3 Apr 2020
410,000
21 Feb 2020 Menderes Akdag
CEO and President
Sale 10,000 $29.00 $290,000
21 Feb 2020
440,000
14 Feb 2020 Menderes Akdag
CEO and President
Sale 60,000 $28.11 $1,686,600
14 Feb 2020
450,000
22 Jan 2018 Menderes Akdag
CEO and President
Sale 10,000 $57.00 $570,000
22 Jan 2018
470,000
11 Jan 2018 Menderes Akdag
CEO and President
Sale 40,000 $51.50 $2,060,000
11 Jan 2018
480,000
13 Dec 2016 Menderes Akdag
CEO and President
Sale 10,000 $23.00 $230,000
13 Dec 2016
520,000
6 Dec 2016 Menderes Akdag
CEO and President
Sale 3,107 $22.75 $70,684
6 Dec 2016
530,000
1 Dec 2016 Menderes Akdag
CEO and President
Sale 16,893 $22.60 $381,782
1 Dec 2016
533,107
25 Nov 2016 Menderes Akdag
CEO and President
Sale 6,274 $22.25 $139,597
25 Nov 2016
550,000
21 Nov 2016 Menderes Akdag
CEO and President
Sale 3,726 $22.25 $82,904
21 Nov 2016
556,274
11 Nov 2016 Menderes Akdag
CEO and President
Sale 40,000 $21.63 $865,200
11 Nov 2016
560,000
10 Oct 2016 Menderes Akdag
CEO and President
Sale 10,000 $21.00 $210,000
10 Oct 2016
600,000
22 Sep 2016 Menderes Akdag
CEO and President
Sale 10,000 $20.75 $207,500
22 Sep 2016
610,000
18 Jun 2015 Menderes Akdag
CEO and President
Sale 8,000 $17.75 $142,000
18 Jun 2015
500,000
18 Jun 2015 Menderes Akdag
CEO and President
Sale 8,000 $17.75 $142,000
18 Jun 2015
500,000
4 Jun 2015 Menderes Akdag
CEO and President
Sale 9,930 $17.50 $173,775
4 Jun 2015
508,000
4 Jun 2015 Menderes Akdag
CEO and President
Sale 9,930 $17.50 $173,775
4 Jun 2015
508,000
27 Apr 2015 Menderes Akdag
CEO and President
Sale 70 $17.50 $1,225
27 Apr 2015
517,930
23 Apr 2015 Menderes Akdag
CEO and President
Sale 10,000 $17.25 $172,500
23 Apr 2015
518,000
20 Apr 2015 Menderes Akdag
CEO and President
Sale 10,000 $17.00 $170,000
20 Apr 2015
528,000
13 Apr 2015 Menderes Akdag
CEO and President
Sale 7,499 $16.75 $125,608
13 Apr 2015
538,000
8 Apr 2015 Menderes Akdag
CEO and President
Sale 2,501 $16.75 $41,892
8 Apr 2015
545,499
30 Mar 2015 Menderes Akdag
CEO and President
Sale 10,000 $16.50 $165,000
30 Mar 2015
548,000
20 Jan 2015 Menderes Akdag
CEO and President
Sale 60,000 $15.63 $937,800
20 Jan 2015
558,000
13 Sep 2013 Menderes Akdag
CEO and President
Sale 10,000 $17.00 $170,000
13 Sep 2013
618,000


Petmed Express executives and stock owners

Petmed Express executives and other stock owners filed with the SEC include: