Last updated: 21 March 2023 at 5:33pm EST

Joey Jacobs Net Worth




The estimated Net Worth of Joey A Jacobs is at least $49.3 Million dollars as of 10 May 2019. Mr. Jacobs owns over 6,695 units of Cumberland Pharmaceuticals stock worth over $119,369 and over the last 14 years he sold CPIX stock worth over $49,180,904. In addition, he makes $0 as Independent Director at Cumberland Pharmaceuticals.

Mr. Jacobs CPIX stock SEC Form 4 insiders trading

Joey has made over 15 trades of the Cumberland Pharmaceuticals stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 6,695 units of CPIX stock worth $41,978 on 10 May 2019.

The largest trade he's ever made was selling 500,000 units of Cumberland Pharmaceuticals stock on 22 August 2017 worth over $25,345,000. On average, Joey trades about 21,073 units every 50 days since 2011. As of 10 May 2019 he still owns at least 88,415 units of Cumberland Pharmaceuticals stock.

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





Joey Jacobs biography

Joey A. Jacobs serves as Independent Director of the Company. He joined Cumberland’s Board of Directors in 2011 and is Chairman of our Governance and Nominating Committee and Lead Independent Director. A healthcare veteran with more than 44 years of industry experience, Mr. Jacobs is the former Chairman and Chief Executive Officer of Acadia Healthcare, a rapidly growing behavioral health company. Mr. Jacobs is the former Chairman, President and Chief Executive Officer of Nashville-based Psychiatric Solutions, Inc. (PSI), which he co-founded in 1997 and grew into a $2 billion behavioral healthcare system before the company’s sale to Universal Health Services in 2010. Prior to founding PSI, Mr. Jacobs spent 21 years at Hospital Corporation of America, or HCA, where he served in various capacities. In addition to serving as the former Chairman of the Nashville Health Care Council, he is also a past director of the Federation of American Hospitals, the National Association of Psychiatric Health Systems, Mental Health Management and Envision Corporation. He is currently a board member of the Monroe Carell, Jr. Children’s Hospital at Vanderbilt and Middle Tennesse State University. Mr. Jacobs holds a B.S. degree from Middle Tennessee State University. The Board of Directors believes Mr. Jacobs’ extensive hospital industry experience as well as his experience as chairman and CEO of two publicly traded healthcare companies will be critical as the Company continues to develop its hospital acute care product line and navigate the responsibilities associated with being a public company.



How old is Joey Jacobs?

Joey Jacobs is 66, he's been the Independent Director of Cumberland Pharmaceuticals since 2011. There are 8 older and 10 younger executives at Cumberland Pharmaceuticals. The oldest executive at Cumberland Pharmaceuticals Inc. is Jonathan Griggs, 85, who is the Independent Director.

What's Joey Jacobs's mailing address?

Joey's mailing address filed with the SEC is 1600 WEST END AVENUE, SUITE 1300, NASHVILLE, TN, 37203.

Insiders trading at Cumberland Pharmaceuticals

Over the last 15 years, insiders at Cumberland Pharmaceuticals have traded over $4,393,644 worth of Cumberland Pharmaceuticals stock and bought 265,077 units worth $1,208,228 . The most active insiders traders include Joey A Jacobs, Leo Pavliv, and Thomas R Lawrence. On average, Cumberland Pharmaceuticals executives and independent directors trade stock every 29 days with the average trade being worth of $10,407. The most recent stock trade was executed by Caroline Young on 1 December 2022, trading 379 units of CPIX stock currently worth $849.



What does Cumberland Pharmaceuticals do?

cumberland pharmaceuticals is a specialty pharmaceutical company whose mission is to acquire currently marketed and late-stage development pharmaceutical products and grow them through marketing to targeted, underserved physician segments. cumberland is dedicated to providing high quality products which address unmet medical needs.



Complete history of Mr. Jacobs stock trades at Acadia Healthcare Inc and Cumberland Pharmaceuticals

Insider
Trans.
Transaction
Total value
Joey A Jacobs
Director
Buy $41,978
10 May 2019
Joey A Jacobs
Director
Buy $22,576
26 Apr 2019
Joey A Jacobs
Director
Buy $22,804
10 Apr 2019
Joey A Jacobs
Director
Buy $19,344
1 Apr 2019
Joey A Jacobs
Director
Buy $257,500
14 Mar 2011
Joey A Jacobs
Chief Executive Officer
Option $292,307
7 Mar 2019
Joey A Jacobs
Chief Executive Officer
Sale $25,345,000
22 Aug 2017
Joey A Jacobs
Chief Executive Officer
Sale $7,408,551
14 Aug 2015
Joey A Jacobs
Chief Executive Officer
Option $1,229,736
1 Apr 2015
Joey A Jacobs
Chief Executive Officer
Sale $1,836,941
13 Feb 2015
Joey A Jacobs
Chief Executive Officer
Sale $7,978,566
3 Nov 2014
Joey A Jacobs
Chief Executive Officer
Option $781,773
2 May 2014
Joey A Jacobs
Chief Executive Officer
Option $292,275
3 May 2013
Joey A Jacobs
Chief Executive Officer
Sale $862,423
21 Dec 2012
Joey A Jacobs
Chief Executive Officer
Sale $5,749,423
12 Dec 2012


Cumberland Pharmaceuticals executives and stock owners

Cumberland Pharmaceuticals executives and other stock owners filed with the SEC include: