Sign in Sign up for free

Last updated: 3 July 2019 at 4:33am EST

Eugene McGrath Net Worth




The estimated Net Worth of Eugene R Mcgrath is at least $14.1 Million dollars as of 17 June 2015. Mr. Mcgrath owns over 10,000 units of Gamco Investors Inc stock worth over $162,470 and over the last 18 years he sold GBL stock worth over $13,760,900. In addition, he makes $134,000 as Independent Director at Gamco Investors Inc.

Mr. McGrath GBL stock SEC Form 4 insiders trading

Eugene has made over 12 trades of the Gamco Investors Inc stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 10,000 units of GBL stock worth $399,000 on 17 June 2015.

The largest trade he's ever made was exercising 150,000 units of Gamco Investors Inc stock on 16 September 2008 worth over $6,121,500. On average, Eugene trades about 33,269 units every 121 days since 2006. As of 17 June 2015 he still owns at least 11,000 units of Gamco Investors Inc stock.

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





Eugene McGrath biography

Eugene R. McGrath serves as Independent Director of the Company. Mr. McGrath previously served as Chairman, President and Chief Executive Officer of Consolidated Edison, Inc. (“Con Ed”), a public utility company, from October 1997 until September 2005 and as Chairman until February 2006. He served as Chairman and Chief Executive Officer of Con Ed’s subsidiary, Consolidated Edison Company of New York, Inc., from September 1990 until February 2006.

What is the salary of Eugene McGrath?

As the Independent Director of Gamco Investors Inc, the total compensation of Eugene McGrath at Gamco Investors Inc is $134,000. There are 13 executives at Gamco Investors Inc getting paid more, with Mario Gabelli having the highest compensation of $32,236,000.



How old is Eugene McGrath?

Eugene McGrath is 78, he's been the Independent Director of Gamco Investors Inc since 2007. There are 1 older and 16 younger executives at Gamco Investors Inc. The oldest executive at Gamco Investors Inc is Edwin Artzt, 88, who is the Independent Director.

What's Eugene McGrath's mailing address?

Eugene's mailing address filed with the SEC is CONSOLIDATED EDISON, INC. C/O SECRETARY, 4 IRVING PLACE; ROOM 1618-S, NEW YORK, NY, 10003.

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. Mcgrath stock trades at Consolidated Edison and Gamco Investors Inc

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
17 Jun 2015 GBL Gamco Investors Inc Eugene R Mcgrath
Director
 Option 10,000 $39.90 $399,000
17 Jun 2015
11,000 ↗
20 Jan 2012 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Sale 100,000 $58.39 $5,839,000
20 Jan 2012
75,984 ↗
6 Aug 2010 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Option 50,000 $42.51 $2,125,500
6 Aug 2010
223,342 ↗
10 Dec 2009 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Sale 125,000 $44.49 $5,561,250
10 Dec 2009
171,606 ↗
19 May 2009 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Sale 25,000 $35.47 $886,750
19 May 2009
196,345 ↗
23 Jan 2009 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Sale 25,000 $39.56 $989,000
23 Jan 2009
194,425 ↗
16 Sep 2008 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Option 150,000 $40.81 $6,121,500
16 Sep 2008
369,425 ↗
30 Nov 2007 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Option 100,000 $42.51 $4,251,000
30 Nov 2007
310,821 ↗
8 Oct 2007 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Option 100,000 $37.75 $3,775,000
8 Oct 2007
342,293 ↗
29 May 2007 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Sale 10,000 $48.49 $484,900
29 May 2007
249,823 ↗
6 Feb 2007 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Option 100,000 $40.81 $4,081,000
6 Feb 2007
347,910 ↗
6 Nov 2006 ED Consolidated Edison, Inc. Eugene R Mcgrath
Director
 Option 70,000 $42.56 $2,979,200
6 Nov 2006
275,385 ↗


Gamco Investors Inc executives and stock owners

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