The estimated Net Worth of Michael A Gerber is at least $6.9 Million dollars as of 11 December 2012. Michael Gerber owns over 5,900 units of Federal Agricultural Mortgage stock worth over $4,610,262 and over the last 17 years Michael sold AGM-A stock worth over $2,285,965.
Michael has made over 12 trades of the Federal Agricultural Mortgage stock since 2012, according to the Form 4 filled with the SEC. Most recently Michael sold 5,900 units of AGM-A stock worth $195,172 on 11 December 2012.
The largest trade Michael's ever made was exercising 138,333 units of Federal Agricultural Mortgage stock on 27 November 2012 worth over $1,599,129. On average, Michael trades about 9,980 units every 5 days since 2007. As of 11 December 2012 Michael still owns at least 31,738 units of Federal Agricultural Mortgage stock.
You can see the complete history of Michael Gerber stock trades at the bottom of the page.
Michael's mailing address filed with the SEC is C/O FARMER MAC, 1133 21ST STREET, NW. SUITE 600, WASHINGTON, DC, US 20036.
Over the last 21 years, insiders at Federal Agricultural Mortgage have traded over $13,142,188 worth of Federal Agricultural Mortgage stock and bought 10,448 units worth $639,467 . The most active insiders traders include Bancorporation, National As..., Tom D Stenson, and Henry D Edelman. On average, Federal Agricultural Mortgage executives and independent directors trade stock every 19 days with the average trade being worth of $812,149. The most recent stock trade was executed by Zachary Carpenter on 5 March 2020, trading 348 units of AGM-A stock currently worth $25,115.
Federal Agricultural Mortgage Corp. is a stockholder-owned, federally chartered corporation, which engages in the provision of a secondary market for agricultural real estate and rural housing mortgage loans, rural utilities loans, and loans guaranteed by the United States Department of Agriculture. It combines private capital and public sponsorship to serve a public purpose. The firm operates through the following segments: Farm and Ranch; USDA Guarantees; Rural Utilities; and Institutional Credit. The Farm and Ranch segment operates the mortgage loans secured by first liens on agricultural real estate, including part-time farms and rural housing. The USDA Guarantees segment provides agricultural and rural development loans guaranteed by the United States Department of Agriculture. The Rural Utilities segment engages in the business of loans made by lenders organized as cooperatives to finance electrification and telecommunications systems in rural areas. It provides liquidity and lending capacity to agricultural and rural utilities lenders by purchasing eligible loans directly from lenders; providing advances against eligible loans by purchasing obligations secured by those loans; securitizing assets and guaranteeing the payment of principal and interest on the resulting securities that represent interests in, or obligations secured by, pools of eligible loans; and issuing long-term standby purchase commitments for eligible loans. The Institutional Credit segment comprises the credit line of business. The company was founded in 1987 and is headquartered in Washington, DC.
Federal Agricultural Mortgage executives and other stock owners filed with the SEC include: