Michael Reed - Net Worth and Insider Trading
Michael Reed Net Worth
The estimated net worth of Michael Reed is at least $17 Million dollars as of 2024-11-29. Michael Reed is the CEO of Gannett Co Inc and owns about 3,304,323 shares of Gannett Co Inc (GCI) stock worth over $17 Million. Details can be seen in Michael Reed's Latest Holdings Summary section.
Disclaimer: The insider information is derived from SEC filings. The estimated net worth is based on the final shares held after open market or private purchases and sales of common stock with a transaction code of "P" or "S" on Form 4, assuming that Michael Reed has not made any transactions after 2023-11-06 and currently still holds the listed stock(s). Please note that this estimate may not reflect the actual net worth.
Transaction Summary of Michael Reed
Michael Reed Insider Ownership Reports
Based on ownership reports from SEC filings, as the reporting owner, Michael Reed owns 1 companies in total, including Gannett Co Inc (GCI) .
Click here to see the complete history of Michael Reed’s form 4 insider trades.
Insider Ownership Summary of Michael Reed
| Ticker | Comapny | Transaction Date | Type of Owner |
|---|---|---|---|
| GCI | Gannett Co Inc | 2023-11-06 | director & Chief Executive Officer |
Michael Reed Latest Holdings Summary
Michael Reed currently owns a total of 1 stock. Michael Reed owns 3,304,323 shares of Gannett Co Inc (GCI) as of November 6, 2023, with a value of $17 Million.
Latest Holdings of Michael Reed
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| GCI | Gannett Co Inc | 2023-11-06 | 3,304,323 | 5.18 | 17,116,393 |
Holding Weightings of Michael Reed
Michael Reed Form 4 Trading Tracker
According to the SEC Form 4 filings, Michael Reed has made a total of 4 transactions in Gannett Co Inc (GCI) over the past 5 years, including 4 buys and 0 sells. The most-recent trade in Gannett Co Inc is the acquisition of 60,000 shares on November 6, 2023, which cost Michael Reed around $120,600.
Insider Trading History of Michael Reed
- 1
Michael Reed Trading Performance
GuruFocus tracks the stock performance after each of Michael Reed's buying transactions within different timeframes. To be detailed, the average return of stocks after 3 months bought by Michael Reed is -3.18%. GuruFocus also compares Michael Reed's trading performance to market benchmark return within the same time period. The performance of stocks bought by Michael Reed within 3 months outperforms 7 times out of 14 transactions in total compared to the return of S&P 500 within the same period.
You can select different timeframes to see how Michael Reed's insider trading performs compared to the benchmark.
Performance of Michael Reed
Average Return
Outperforming Transactions
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | -6.55 | | | | | |
| Relative Return to S&P 500(%) | -6 | | | | | |
Michael Reed Ownership Network
Michael Reed Owned Company Details
What does Gannett Co Inc do?
Who are the key executives at Gannett Co Inc?
Michael Reed is the director & Chief Executive Officer of Gannett Co Inc. Other key executives at Gannett Co Inc include CAO and PAO Cindy Gallagher , CEO of Gannett Media Corp. Paul J Bascobert , and CFO and CAO Douglas Edward Horne .
Gannett Co Inc (GCI) Insider Trades Summary
Over the past 18 months, Michael Reed made 2 insider transaction in Gannett Co Inc (GCI) with a net purchase of 140,000. Other recent insider transactions involving Gannett Co Inc (GCI) include a net purchase of 250,000 shares made by Laurence Tarica ,
In summary, during the past 3 months, insiders sold 0 shares of Gannett Co Inc (GCI) in total and bought 50,000 shares, with a net purchase of 50,000 shares. During the past 18 months, 0 shares of Gannett Co Inc (GCI) were sold and 390,000 shares were bought by its insiders, resulting in a net purchase of 390,000 shares.
Gannett Co Inc (GCI)'s detailed insider trading history can be found in Insider Trading Tracker table.
Gannett Co Inc Insider Transactions
Michael Reed Mailing Address
Above is the net worth, insider trading, and ownership report for Michael Reed. You might contact Michael Reed via mailing address: C/o Newm, 1345 Avenue Of The Americas, New York Ny 10105.
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