Matthew LaVay - Ellie Mae CFO

CFO

Mr. Matthew LaVay is no longer Chief Financial Officer, Executive Vice President of the Company, effective June 15, 2018. From October 2014 to March 2017, He served as our senior vice president of finance where he oversaw finance, accounting, reporting and strategic planning. From May 2012 to October 2014, Mr. LaVay previously served as our vice president and corporate controller. Prior to joining us, Mr. LaVay served as vice president corporate controller at Taleo Corporation from October 2011 to April 2012. Prior to Taleo Corporationrationration, he was corporate controller and senior director of finance at Scientific Learning from July 2010 to October 2011. Mr. LaVay began his career with Arthur Andersen LLP in 1991 as an auditor and subsequently held positions of increasing responsibility rising to audit manager. After Arthur Anderson LLP, Mr. LaVay then held positions of increasing responsibility at PeopleSoft, Inc., salesforce.com, inc. and Thomas Weisel Partners since 2017.
Age 46
Tenure 7 years
Phone925 227-9030
Webwww.elliemae.com
LaVay holds a Bachelor degree in Management from Georgia Institute of Technology as well as a Master of Accounting degree from Georgia State University. In addition, he is a certified public accountant.

Ellie Mae Management Efficiency

The company has return on total asset (ROA) of 0.0306 % which means that it generated a profit of $0.0306 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0346 %, meaning that it created $0.0346 on every $100 dollars invested by stockholders. Ellie Mae's management efficiency ratios could be used to measure how well Ellie Mae manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 263.81 K in liabilities with Debt to Equity (D/E) ratio of 0.09, which may suggest the company is not taking enough advantage from borrowing. Ellie Mae has a current ratio of 4.53, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Ellie Mae until it has trouble settling it off, either with new capital or with free cash flow. So, Ellie Mae's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ellie Mae sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ellie to invest in growth at high rates of return. When we think about Ellie Mae's use of debt, we should always consider it together with cash and equity.

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Ellie Mae, Inc. provides cloud-based platform for the mortgage finance industry in the United States. Ellie Mae, Inc. was founded in 1997 and is headquartered in Pleasanton, California. Ellie Mae operates under Software - Application classification in USA and is traded on BATS Exchange. It employs 1570 people. Ellie Mae (ELLI) is traded on New York Stock Exchange in USA and employs 1,570 people.

Management Performance

Ellie Mae Leadership Team

Elected by the shareholders, the Ellie Mae's board of directors comprises two types of representatives: Ellie Mae inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ellie. The board's role is to monitor Ellie Mae's management team and ensure that shareholders' interests are well served. Ellie Mae's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ellie Mae's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Corr, CEO and President and Director
Carina Cortez, Executive Vice President - Human Resources
Jeb Spencer, Director
Bob Hart, Vice President - Partner Development
Frank Schultz, Independent Director
Karen Blasing, Director
Melanie Simpson, Executive Vice President of Human Resources
Craig Davis, Independent Director
Cathleen Gates, Executive Vice President of Sales and Marketing
Peter Hirsch, Executive VP of Technology and Operations
Marina Levinson, Director
Limin Hu, Co-Founder, Chief Technology officer and Executive VP
Edgar Luce, CFO and Executive VP of Fin. and Admin.
Matthew LaVay, CFO
Popi Heron, Vice President Corporate Controller
Sigmund Anderman, Co-Founder and Executive Chairman
Robert Levin, Independent Director
Joseph Tyrrell, Executive Vice President - Corporate Strategy
Daniel Madden, CFO, Executive Vice President
Brian Brown, Senior Vice President General Counsel, Corporate Secretary
John Abel, Senior Vice President CIO
Carl Buccellato, Director
Barr Dolan, Independent Director
Rajat Taneja, Director
Selim Aissi, Chief Security Officer

Ellie Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ellie Mae a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ellie Mae in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ellie Mae's short interest history, or implied volatility extrapolated from Ellie Mae options trading.

Pair Trading with Ellie Mae

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ellie Mae position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ellie Mae will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Other Consideration for investing in Ellie Stock

If you are still planning to invest in Ellie Mae check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ellie Mae's history and understand the potential risks before investing.
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