The estimated Net Worth of Peter R Sachse is at least $15.2 millió dollars as of 9 September 2019. Mr. Sachse owns over 9,000 units of Citi Trends Inc stock worth over $196,164 and over the last 17 years he sold CTRN stock worth over $14,018,713. In addition, he makes $997,150 as Executive Chairman of the Board at Citi Trends Inc.
Peter has made over 17 trades of the Citi Trends Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 9,000 units of CTRN stock worth $151,560 on 9 September 2019.
The largest trade he's ever made was exercising 156,221 units of Citi Trends Inc stock on 24 February 2012 worth over $5,778,615. On average, Peter trades about 14,047 units every 52 days since 2008. As of 9 September 2019 he still owns at least 13,390 units of Citi Trends Inc stock.
You can see the complete history of Mr. Sachse stock trades at the bottom of the page.
Peter R. Sachse serves as Executive Chairman of the Board of the Company. He has served as Director at the Sachse Family Fund, an early stage investor in digital startups, since March 2017. Previously, Mr. Sachse spent 34 years in various positions at Macy’s, Inc., including as the Chief Growth Officer from February 2016 until January 2017, Chief of Innovation and Business Development from February 2015 to February 2016, Chief Stores Officer from February 2012 to February 2015, Chief Marketing Officer from February 2009 to February 2012 (a title which he also held from June 2003 to May 2007), and President of Corporate Marketing from May 2007 to February 2009. Mr. Sachse was also Chairman and Chief Executive Officer of the macys.com division of Macy’s, Inc. from April 2006 to February 2012. Mr. Sachse has served as a director of Mattress Firm since February 2019, and previously served as a director of XO Group Inc., a media and technology company that provides content, tools, products and services for couples who are planning weddings, creating a home, and starting a family, from February 2010 until December 2018 and from October 2006 through April 2007, and as an observer to the board from April 2007 to February 2010. Mr. Sachse also previously served as a director of Charitybuzz Inc., a for-profit internet company that raises funds for nonprofit organizations through online charity auctions with celebrities and brands, from 2012 until 2015. Prior to serving in these roles, Mr. Sachse was President and Chief Operating Officer of The Bon Marche, a department store chain launched in Seattle.
As the Executive Chairman of the Board of Citi Trends Inc, the total compensation of Peter Sachse at Citi Trends Inc is $997,150. There are no executives at Citi Trends Inc getting paid more.
Peter Sachse is 62, he's been the Executive Chairman of the Board of Citi Trends Inc since 2020. There are 6 older and 12 younger executives at Citi Trends Inc. The oldest executive at Citi Trends Inc is Margaret Jenkins, 68, who is the Independent Director.
Peter's mailing address filed with the SEC is C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH, GA, 31408.
Over the last 19 years, insiders at Citi Trends Inc have traded over $8,920,426 worth of Citi Trends Inc stock and bought 2,016,092 units worth $46,772,517 . The most active insiders traders include 1 Investments, Llc Pleasant..., 1 Investments, Llc Pleasant... és Peter R Sachse. On average, Citi Trends Inc executives and independent directors trade stock every 49 days with the average trade being worth of $343,030. The most recent stock trade was executed by David A Heath on 10 September 2024, trading 1,500 units of CTRN stock currently worth $21,885.
citi trends is a value-priced retailer of urban fashion apparel, shoes, accessories and home décor for the entire family. our merchandise offerings are designed to appeal to the preferences of fashion & value conscious consumers. our goal is to provide nationally recognized branded merchandise at discounts off department and specialty stores’ regular prices of 20% to 70%. citi trends buyers source merchandise from over 1600 vendors to deliver quality fashion product at outstanding value for our customers. in may 2005, citi trends became a publicly traded company on the nasdaq exchange with the symbol ctrn. citi trends' headquarters are located in savannah, georgia. in addition to the corporate office in savannah, we have one distribution center in darlington, south carolina and another in roland, oklahoma. we have buying offices in new york city and los angeles. we operate 515 stores in 31 states and employ approximately 4500 people.
Citi Trends Inc executives and other stock owners filed with the SEC include: