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Last updated: 18 September 2019 at 5:26pm EST

Raymond Avansino Net Worth




The estimated Net Worth of Raymond Avansino is at least $3.65 Million dollars as of 16 September 2019. Mr. Avansino owns over 70,000 units of Gamco Investors Inc stock worth over $2,089,955 and over the last 16 years he sold GBL stock worth over $1,404,900. In addition, he makes $158,000 as Independent Director at Gamco Investors Inc.

Mr. Avansino GBL stock SEC Form 4 insiders trading

Raymond has made over 2 trades of the Gamco Investors Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he sold 70,000 units of GBL stock worth $1,404,900 on 16 September 2019.

The largest trade he's ever made was selling 70,000 units of Gamco Investors Inc stock on 16 September 2019 worth over $1,404,900. On average, Raymond trades about 19,000 units every 388 days since 2008. As of 16 September 2019 he still owns at least 141,500 units of Gamco Investors Inc stock.

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





Raymond Avansino biography

Raymond C. Avansino Jr. serves as Independent Director of the Company. Mr. Avansino has been the Chairman of the Board and Chief Executive Officer of The E. L. Wiegand Foundation of Reno, Nevada, a Nevada private charitable trust, since 1982. Mr. Avansino is the Chairman and President of Miami Oil Producers, Inc., a private corporation with investments in oil and gas properties, real properties and securities. He served as President and Chief Operating Officer of Hilton Hotels Corporation from 1993 to 1996 and was a member of the Nevada Gaming Commission from 1981 to 1984.

What is the salary of Raymond Avansino?

As the Independent Director of Gamco Investors Inc, the total compensation of Raymond Avansino at Gamco Investors Inc is $158,000. There are 12 executives at Gamco Investors Inc getting paid more, with Mario Gabelli having the highest compensation of $32,236,000.



How old is Raymond Avansino?

Raymond Avansino is 76, he's been the Independent Director of Gamco Investors Inc since 2008. There are 4 older and 13 younger executives at Gamco Investors Inc. The oldest executive at Gamco Investors Inc is Edwin Artzt, 88, who is the Independent Director.

What's Raymond Avansino's mailing address?

Raymond's mailing address filed with the SEC is One Corporate Center, Rye, NY 10580, USA.

Insiders trading at Gamco Investors Inc

Over the last 22 years, insiders at Gamco Investors Inc have traded over $42,011,274 worth of Gamco Investors Inc stock and bought 28,833 units worth $618,115 . The most active insiders traders include Investment, L.L.C.Gates Wil..., Mario J Gabelli, and Robert S Jr Prather. On average, Gamco Investors Inc executives and independent directors trade stock every 55 days with the average trade being worth of $263,334. The most recent stock trade was executed by Capital Group, Inc.Ggcp Hol... on 8 December 2022, trading 218 units of GBL stock currently worth $3,488.



What does Gamco Investors Inc do?

GAMCO is known for its research-driven approach to equity investing. GAMCO conducts its investment advisory business principally through two subsidiaries: GAMCO Asset Management Inc. (approximately 1,500 institutional and private wealth separate accounts, principally in the U.S.) and Gabelli Funds, LLC (24 open-end funds, a SICAV, and 16 closed-end funds). GAMCO serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.

GAMCO offers a wide range of solutions across Value and Growth Equity, ESG-SRI, Convertibles, sector- focused strategies including Gold and Utilities, Merger Arbitrage, and Fixed Income. In 1977, GAMCO launched its flagship All Cap Value strategy, Gabelli Value, and in 1986 launched its mutual fund business. In addition to its Value strategies, for over 30 years the firm has managed solutions in Growth and Global Growth Equity, Convertibles, SRI, and Merger Arbitrage.



What does Gamco Investors Inc's logo look like?

Gamco Investors Inc logo

Complete history of Mr. Avansino stock trades at Gamco Investors Inc

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
16 Sep 2019 GBL Gamco Investors Inc Raymond Avansino
Sale 70,000 $20.07 $1,404,900
16 Sep 2019
141,500 ↗
16 Jun 2015 GBL Gamco Investors Inc Raymond Avansino
Option 6,000 $51.74 $310,440
16 Jun 2015
30,000 ↗


Gamco Investors Inc executives and stock owners

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