Last updated: 18 December 2019 at 8:00am EST

Michael Ferrantino Net Worth




The estimated Net Worth of Michael J Ferrantino is at least $1.13 Million dollars as of 16 December 2019. Mr. Ferrantino owns over 9,600 units of LGL Inc stock worth over $329,582 and over the last 11 years he sold LGL stock worth over $534,113. In addition, he makes $271,016 as Executive Chairman of the Board at LGL Inc.

Mr. Ferrantino LGL stock SEC Form 4 insiders trading

Michael has made over 7 trades of the LGL Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 9,600 units of LGL stock worth $147,360 on 16 December 2019.

The largest trade he's ever made was selling 10,100 units of LGL Inc stock on 16 May 2019 worth over $92,112. On average, Michael trades about 2,401 units every 11 days since 2013. As of 16 December 2019 he still owns at least 55,814 units of LGL Inc stock.

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





Michael Ferrantino biography

Michael J. Ferrantino Sr. has been appointed as Executive Chairman of the Board of the Company effective 1/1/2020. (October 2013 to present); Executive Vice Chairman of the Board, The LGL Group, Inc. (October 2013 to June 2014); President and Chief Executive Officer, Valpey-Fisher Corporation (September 2002 to November 2009), a provider of electronic components used in communications, medical, defense and aerospace, industrial and computer applications for OEMs and contract manufacturers worldwide; President, Micro Networks Division, Integrated Circuit Systems, Inc. (January 2002 to September 2002), a supplier of precision timing devices for optical networking, wireless infrastructure and high end network servers using surface acoustic wave and RF technology; President and Chief Executive Officer, Micro Networks Corporation (pre-2000 to January 2002); and Chairman of the Board of Directors, Micro Networks Corporation (April 2000 to January 2002). Currently, Mr. Ferrantino serves as the Chairman of the Board of Directors for Spectra Analysis Instruments, Inc., a developer and manufacturer of next-generation molecular analysis instrumentation.

What is the salary of Michael Ferrantino?

As the Executive Chairman of the Board of LGL Inc, the total compensation of Michael Ferrantino at LGL Inc is $271,016. There are no executives at LGL Inc getting paid more.



How old is Michael Ferrantino?

Michael Ferrantino is 74, he's been the Executive Chairman of the Board of LGL Inc since 2020. There are 1 older and 15 younger executives at LGL Inc. The oldest executive at LGL Group Inc is Mario Gabelli, 77, who is the Non-Executive Chairman of the Board.

What's Michael Ferrantino's mailing address?

Michael's mailing address filed with the SEC is C/O LGL GROUP, INC., 2525 SHADER ROAD, ORLANDO, FL, 32804.

Insiders trading at LGL Inc

Over the last 21 years, insiders at LGL Inc have traded over $837,871 worth of LGL Inc stock and bought 155,476 units worth $1,062,515 . The most active insiders traders include Mario J Gabelli, R. La Duane Clifton, and Manjit Kalha. On average, LGL Inc executives and independent directors trade stock every 46 days with the average trade being worth of $26,844. The most recent stock trade was executed by Manjit Kalha on 22 December 2021, trading 42,323 units of LGL stock currently worth $330,119.



What does LGL Inc do?

the lgl group, inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the united states and internationally. the company operates in two segments, electronic components and electronic instruments. the electronic components segment offers xtal, clock oscillators, vcxo, tcxo ocxo, and docxo devices; and radio frequency, microwave and millimeter wave filters, diplexers, and solid-state power amplifiers. it also provides filter devices, which includes crystal, ceramic, lc, tubular, combline, cavity, interdigital, and metal insert waveguide, as well as digital, analog and mechanical tunable filters, switched filter arrays, and rf subsystems. this segment's products are used in infrastructure equipment for the telecommunications and network equipment industries; and electronic systems for applications in defense, aerospace, earth-orbiting satellites, down-hole drilling, medical devices, instrumentation, industrial



What does LGL Inc's logo look like?

LGL Group Inc logo

Complete history of Mr. Ferrantino stock trades at LGL Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 Dec 2019 Michael J Ferrantino
CEO
Sale 9,600 $15.35 $147,360
16 Dec 2019
55,814
26 Nov 2019 Michael J Ferrantino
CEO
Sale 10,000 $14.25 $142,500
26 Nov 2019
66,414
22 Aug 2019 Michael J Ferrantino
CEO
Sale 5,000 $10.15 $50,750
22 Aug 2019
76,414
19 Aug 2019 Michael J Ferrantino
CEO
Sale 4,000 $9.35 $37,400
19 Aug 2019
81,414
13 Aug 2019 Michael J Ferrantino
CEO
Sale 4,024 $9.20 $37,021
13 Aug 2019
85,414
21 May 2019 Michael J Ferrantino
CEO
Sale 2,900 $9.30 $26,970
21 May 2019
72,688
16 May 2019 Michael J Ferrantino
CEO
Sale 10,100 $9.12 $92,112
16 May 2019
75,588


LGL Inc executives and stock owners

LGL Inc executives and other stock owners filed with the SEC include: