The estimated Net Worth of Myles James Watts is at least $3.04 Millón dollars as of 3 September 2020. Myles Watts owns over 1,200 units of Federal Agricultural Mortgage stock worth over $2,345,161 and over the last 14 years he sold AGM stock worth over $548,471. In addition, he makes $142,016 as Independent Director at Federal Agricultural Mortgage.
Myles has made over 7 trades of the Federal Agricultural Mortgage stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 1,200 units of AGM stock worth $86,400 on 3 September 2020.
The largest trade he's ever made was selling 1,779 units of Federal Agricultural Mortgage stock on 24 May 2017 worth over $111,188. On average, Myles trades about 287 units every 92 days since 2011. As of 3 September 2020 he still owns at least 12,865 units of Federal Agricultural Mortgage stock.
You can see the complete history of Myles Watts stock trades at the bottom of the page.
Dr. Myles James Watts Ph.D. serves as Independent Director of the Company. He has been a member of Farmer Mac's Board since September 30, 2010 and serves as Vice Chairman of the Board and as a member of the Corporate Governance Committee, the Enterprise Risk Committee, the Public Policy Committee, and the Strategy and Business Development Committee. Dr. Watts is a professor emeritus in the Department of Agricultural Economics and Economics at Montana State University, where he has been a member of the faculty since 1978 and previously served as the head of that department for 17 years. He currently also serves as an actuary for Watts and Associates, Inc. He has also served in various editorial capacities for the Journal of Agricultural and Resource Economics and has advised many governments and private organizations, including large international reinsurance companies, on an array of financial issues, mostly focusing on agricultural insurance. He was one of the primary organizers of the International Institute for Agricultural Risk Management and currently serves as a board member or in other leadership positions for a variety of nonprofit economic education groups. He has substantial experience with large reinsurance companies in various capacities. Dr. Watts received his Ph.D. from the University of Nebraska in 1978.
As the Independent Director of Federal Agricultural Mortgage, the total compensation of Myles Watts at Federal Agricultural Mortgage is $142,016. There are 8 executives at Federal Agricultural Mortgage getting paid more, with Bradford Nordholm having the highest compensation of $2,700,340.
Myles Watts is 69, he's been the Independent Director of Federal Agricultural Mortgage since 2020. There are 4 older and 18 younger executives at Federal Agricultural Mortgage. The oldest executive at Federal Agricultural Mortgage Corp. is Mitchell Johnson, 78, who is the Independent Director.
Myles's mailing address filed with the SEC is C/O FARMER MAC, 1999 K STREET NW, 4TH FLOOR, WASHINGTON, DC, 20006.
Over the last 21 years, insiders at Federal Agricultural Mortgage have traded over $240,332,163,080 worth of Federal Agricultural Mortgage stock and bought 31,810 units worth $2,211,260 . The most active insiders traders include Bancorporation, National As..., Tom D Stenson y Henry D Edelman. On average, Federal Agricultural Mortgage executives and independent directors trade stock every 17 days with the average trade being worth of $1,187,802. The most recent stock trade was executed by Stephen P Mullery on 9 September 2024, trading 5,610 units of AGM stock currently worth $181,708.
the federal agricultural mortgage corporation, commonly known as farmer mac, is a stockholder-owned, government sponsored enterprise or "gse" created by congress to improve the availability of long-term credit for america's farmers, ranchers, rural homeowners, businesses and communities. farmer mac accomplishes this public policy mission by providing a secondary market for qualified agricultural mortgage loans, rural housing mortgage loans, rural utilities loans (to cooperative borrowers made by cooperative lenders) and the guaranteed portions of agricultural and rural development loans guaranteed by the u.s. department of agriculture. the farmer mac secondary market provides liquidity and lending capacity to lenders by: - purchasing newly originated and existing eligible loans directly from lenders; - exchanging loan-backed securities guaranteed by farmer mac ("farmer mac guaranteed securities") for eligible loans that back those securities in "swap" transactions; - issuing long-
Federal Agricultural Mortgage executives and other stock owners filed with the SEC include: