Last updated: 21 September 2020 at 5:29pm EST

Adam Elster Net Worth




The estimated Net Worth of Adam Elster is at least $6.98 Million dollars as of 1 October 2019. Adam Elster owns over 100,000 units of Majesco stock worth over $1,600,000 and over the last 8 years Adam sold MJCO stock worth over $5,375,193.

Adam Elster MJCO stock SEC Form 4 insiders trading

Adam has made over 3 trades of the Majesco stock since 2017, according to the Form 4 filled with the SEC. Most recently Adam exercised 100,000 units of MJCO stock worth $1,600,000 on 1 October 2019.

The largest trade Adam's ever made was selling 166,621 units of Majesco stock on 7 August 2017 worth over $5,375,193. On average, Adam trades about 33,329 units every 71 days since 2016. As of 1 October 2019 Adam still owns at least 100,000 units of Majesco stock.

You can see the complete history of Adam Elster stock trades at the bottom of the page.



What's Adam Elster's mailing address?

Adam's mailing address filed with the SEC is C/O MAJESCO, 412 MT. KEMBLE AVE., SUITE 110C, MORRISTOWN, NJ, 07960.

Insiders trading at Majesco

Over the last 9 years, insiders at Majesco have traded over $24,121,684 worth of Majesco stock and bought 245,060 units worth $1,226,293 . The most active insiders traders include Uk Ltd Mastek, Ltd Majesco, and Arun K Maheshwari. On average, Majesco executives and independent directors trade stock every 36 days with the average trade being worth of $1,135,024. The most recent stock trade was executed by Wayne Edward Locke on 8 April 2020, trading 15,000 units of MJCO stock currently worth $240,000.



What does Majesco do?

Majesco engages in the provision of cloud insurance software solutions. It includes CloudInsurer solutions which offers cloud-based core insurance platforms, along with distribution management, and data and analytics solutions; and Digital1st solutions which covers a cloud-native, digital engagement and microservices platform-as-a-service for the entire insurance business, and an ecosystem of partners with apps that provide innovative data sources and capabilities. The firm also enables Property and Casualty or General Insurance (P&C); and Life, Annuities, Pensions and Group or Voluntary Benefits (L&A and Group) providers to modernize and optimize their businesses across the end-to-end insurance value chain. The company was founded by Ketan Bansilal Mehta and Sudhakar Venkatraman Ram in April 1992 and is headquartered in Morristown, NJ.



What does Majesco's logo look like?

Majesco logo

Complete history of Adam Elster stock trades at Majesco and Majesco

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Oct 2019 Adam Elster
Chief Executive Officer
Option 100,000 $8.13 $813,000
1 Oct 2019
100,000
1 Oct 2019 Adam Elster
Chief Executive Officer
Option 100,000 $8.13 $813,000
1 Oct 2019
100,000


Majesco executives and stock owners

Majesco executives and other stock owners filed with the SEC include: