Last updated: 22 November 2021 at 5:28pm EST

Michael Targoff Net Worth




The estimated Net Worth of Michael B Targoff is at least $14.7 Million dollars as of 17 June 2013. Mr. Targoff owns over 294,475 units of Loral Space & Communications Inc stock worth over $12,226,602 and over the last 21 years he sold LORL stock worth over $939,000. In addition, he makes $1,515,000 as Vice Chairman of the Board at Loral Space & Communications Inc.

Mr. Targoff LORL stock SEC Form 4 insiders trading

Michael has made over 12 trades of the Loral Space & Communications Inc stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 294,475 units of LORL stock worth $12,226,602 on 17 June 2013.

The largest trade he's ever made was exercising 525,000 units of Loral Space & Communications Inc stock on 3 January 2011 worth over $14,133,000. On average, Michael trades about 37,883 units every 29 days since 2003. As of 17 June 2013 he still owns at least 294,475 units of Loral Space & Communications Inc stock.

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





Michael Targoff biography

Michael B. Targoff is Vice Chairman of the Board of the Company. Mr. Targoff has been Vice Chairman of Loral since November 21, 2005 and a consultant to the Company since December 15, 2012. Mr. Targoff was Chief Executive Officer of Loral from March 1, 2006 to December 14, 2012 and President of Loral from January 8, 2008 to December 14, 2012. Mr. Targoff also has been a Director and member of the Audit Committee of Telesat since the Company acquired its interest in Telesat in October 2007. From 1998 to February 2006, Mr. Targoff was founder and principal of Michael B. Targoff & Co., a private investment company.

What is the salary of Michael Targoff?

As the Vice Chairman of the Board of Loral Space & Communications Inc, the total compensation of Michael Targoff at Loral Space & Communications Inc is $1,515,000. There are no executives at Loral Space & Communications Inc getting paid more.



How old is Michael Targoff?

Michael Targoff is 74, he's been the Vice Chairman of the Board of Loral Space & Communications Inc since 2012. There are 3 older and 9 younger executives at Loral Space & Communications Inc. The oldest executive at Loral Space & Communications Inc is Arthur Simon, 87, who is the Independent Director.

What's Michael Targoff's mailing address?

Michael's mailing address filed with the SEC is 600 FIFTH AVENUE, , NEW YORK, NY, 10020.

Insiders trading at Loral Space & Communications Inc

Over the last 19 years, insiders at Loral Space & Communications Inc have traded over $476,916 worth of Loral Space & Communications Inc stock and bought 1,338,813 units worth $22,373,453 . The most active insiders traders include Mark H Md Rachesky, Mark H Mdmhr Fund Managemen..., and Michael B Targoff. On average, Loral Space & Communications Inc executives and independent directors trade stock every 62 days with the average trade being worth of $1,975,937. The most recent stock trade was executed by Mark H Mdmhr Fund Managemen... on 8 March 2016, trading 190,000 units of LORL stock currently worth $6,783,000.



What does Loral Space & Communications Inc do?

Loral Space & Communications is a satellite communications company. Loral owns 62.7 percent of Telesat Canada, a global operator of telecommunications and direct broadcast satellites used to distribute video entertainment programming, broadband data, and provide access to Internet services and other value-added communications services.



What does Loral Space & Communications Inc's logo look like?

Loral Space & Communications Inc logo

Complete history of Mr. Targoff stock trades at Loral Space & Communications Inc and Viasat

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
17 Jun 2013 Michael B Targoff
Director
Option 294,475 $62.95 $18,537,201
17 Jun 2013
294,475
28 Jun 2012 Michael B Targoff
Director
Option 37,760 $28.97 $1,093,907
28 Jun 2012
577,769
29 Mar 2012 Michael B Targoff
Director
Option 93,750 $35.00 $3,281,250
29 Mar 2012
605,076
8 Feb 2011 Michael B Targoff
Director
Option 106,952 $28.44 $3,041,715
8 Feb 2011
618,278
3 Jan 2011 Michael B Targoff
Director
Option 525,000 $26.92 $14,133,000
3 Jan 2011
850,961
27 May 2010 Michael B Targoff
Director
Option 300,000 $26.92 $8,076,000
27 May 2010
325,961
23 Feb 2012 Michael B Targoff
Director
Option 10,000 $20.40 $204,000
23 Feb 2012
60,950
17 Feb 2012 Michael B Targoff
Director
Option 20,000 $22.56 $451,200
17 Feb 2012
60,950
17 Feb 2012 Michael B Targoff
Director
Option 20,000 $28.20 $564,000
17 Feb 2012
60,950
16 Feb 2012 Michael B Targoff
Director
Option 10,000 $33.11 $331,100
16 Feb 2012
55,950
15 Dec 2011 Michael B Targoff
Director
Sale 20,000 $46.95 $939,000
15 Dec 2011
50,950
22 Sep 2011 Michael B Targoff
Director
Option 1,600 $33.40 $53,440
22 Sep 2011
70,950


Loral Space & Communications Inc executives and stock owners

Loral Space & Communications Inc executives and other stock owners filed with the SEC include: