Michael W. Vranos net worth and biography

Michael Vranos Biography and Net Worth

Co-Chief Investment Officer of Ellington Financial

Mr. Vranos has been our Co-Chief Investment Officer since June 2009 and served as a member of our Board of Directors from our inception in 2007 until August 2018. From our inception in 2007 until October 2009, Mr. Vranos served as our Chairman and is also the Chief Executive Officer and President of our Manager. Mr. Vranos also serves as Co-Chief Investment Officer and as a member of the Board of Trustees of Ellington Credit Company. Mr. Vranos is also the founder and Chief Executive Officer of EMG, which he founded in December of 1994 to capitalize on distressed conditions in the mortgage-backed securities, or "MBS", derivatives market. Until December 1994, he was the Senior Managing Director of Kidder Peabody, in charge of residential mortgage-backed securities, or "RMBS", trading. Mr. Vranos graduated magna cum laude, Phi Beta Kappa with a B.A. in Mathematics from Harvard University.

What is Michael W. Vranos' net worth?: The estimated net worth of Michael W. Vranos is at least $2.23 million as of October 14th, 2024. Mr. Vranos owns 168,359 shares of Ellington Financial stock worth more than $2,233,282 as of March 30th. This net worth approximation does not reflect any other assets that Mr. Vranos may own. Learn More about Michael W. Vranos' net worth.
How old is Michael W. Vranos?: Mr. Vranos is currently 63 years old. There are 5 older executives and no younger executives at Ellington Financial. Learn More on Michael W. Vranos' age.
How do I contact Michael W. Vranos?: The corporate mailing address for Mr. Vranos and other Ellington Financial executives is 53 Forest Ave, Greenwich CT, 06870. Ellington Financial can also be reached via phone at (203) 698-1200 and via email at info@ellingtonfinancial.com. Learn More on Michael W. Vranos' contact information.
Has Michael W. Vranos been buying or selling shares of Ellington Financial?: Michael W. Vranos has not been actively trading shares of Ellington Financial over the course of the past ninety days. Most recently, Michael W. Vranos sold 14,000 shares of the business's stock in a transaction on Monday, October 14th. The shares were sold at an average price of $12.48, for a transaction totalling $174,720.00. Following the completion of the sale, the executive now directly owns 168,359 shares of the company's stock, valued at $2,101,120.32. Learn More on Michael W. Vranos' trading history.
Who are Ellington Financial's active insiders?: Ellington Financial's insider roster includes Lisa Mumford (Director), and Michael Vranos (Co-Chief Investment Officer). Learn More on Ellington Financial's active insiders.
Are insiders buying or selling shares of Ellington Financial?: In the last year, insiders at the financial services provider sold shares 4 times. They sold a total of 36,500 shares worth more than $447,586.00. The most recent insider tranaction occured on October, 14th when CIO Michael W Vranos sold 14,000 shares worth more than $174,720.00. Insiders at Ellington Financial own 4.4% of the company. Learn More about insider trades at Ellington Financial.
Information on this page was last updated on 10/14/2024.

Michael W. Vranos Insider Trading History at Ellington Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/14/2024	Sell	14,000	$12.48	$174,720.00	168,359
7/2/2024	Sell	5,900	$12.12	$71,508.00	179,655
6/17/2024	Sell	8,300	$12.15	$100,845.00	160,874
6/14/2024	Sell	8,300	$12.11	$100,513.00	169,174
5/14/2018	Buy	79,795	$15.83	$1,263,154.85

Michael W. Vranos Buying and Selling Activity at Ellington Financial

Ellington Financial Company Overview

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgage; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments; and consumer loans and asset-backed securities backed by consumer and commercial assets. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial LLC was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.

Today's Range

Now: $13.27

$13.13

$13.38

50 Day Range

MA: $13.07

$12.45

$14.35

2 Week Range

Now: $13.27

$10.88

$14.40

Volume

911,836 shs

Average Volume

927,240 shs

Market Capitalization

$1.20 billion

P/E Ratio

10.13

Dividend Yield

11.65%

Beta

1.99

Michael Vranos Biography and Net Worth

What is Michael W. Vranos' net worth?

How old is Michael W. Vranos?

How do I contact Michael W. Vranos?

Has Michael W. Vranos been buying or selling shares of Ellington Financial?

Who are Ellington Financial's active insiders?

Are insiders buying or selling shares of Ellington Financial?