Michael Hughes Net Worth

The estimated Net Worth of Michael R Hughes is at least $162 Thousand dollars as of 16 March 2020. Mr. Hughes owns over 2,700 units of Dynex Capital stock worth over $8,750 and over the last 14 years he sold DX stock worth over $0. In addition, he makes $152,798 as Independent Chairman of the Board at Dynex Capital.

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Mr. Hughes DX stock SEC Form 4 insiders trading

Michael has made over 2 trades of the Dynex Capital stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 2,700 units of DX stock worth $46,980 on 16 March 2020.

The largest trade he's ever made was buying 10,000 units of Dynex Capital stock on 4 March 2011 worth over $103,500. On average, Michael trades about 794 units every 206 days since 2011. As of 16 March 2020 he still owns at least 700 units of Dynex Capital stock.

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

Michael Hughes biography

Michael R. Hughes is Independent Chairman of the Board of Dynex Capital, Inc. Mr. Hughes joined Switchmate Home, LLC as Chief Financial Officer in March 2017. Previously, he had served as Portfolio Manager at Ascend Capital Management since 2012. He also serves on the board of trustees and is the current president of the Bentley School in Oakland, California. Mr. Hughes was a partner and portfolio manager of Osterweis Capital Management from 2005 to 2008 and was the First Vice President of Merrill Lynch Financial Institutions Research from 1989 to 2005. Mr. Hughes began his career as an equity analyst at Dean Witter Reynolds in 1986. Mr. Hughes holds an A.B. from the University of California at Berkeley in Geophysics. Mr. Hughes was awarded the Chartered Financial Analyst (CFA) designation in 1991. In these roles, he oversaw the investment in and/or the equity analysis of mortgage companies, mortgage REITs, consumer and commercial finance, and government agencies including Fannie Mae and Freddie Mac. These experiences, coupled with Mr. Hughes’ CFA designation and substantial financial expertise, allow him to offer significant insights and advice, thus making him a valuable addition to our Board.

What is the salary of Michael Hughes?

As the Independent Chairman of the Board of Dynex Capital, the total compensation of Michael Hughes at Dynex Capital is $152,798. There are 6 executives at Dynex Capital getting paid more, with Byron L. Boston having the highest compensation of $2,984,404.

How old is Michael Hughes?

Michael Hughes is 59, he's been the Independent Chairman of the Board of Dynex Capital since 2018. There are 5 older and 5 younger executives at Dynex Capital. The oldest executive at Dynex Capital, Inc. is Robert Salcetti, 65, who is the Independent Director.

What's Michael Hughes's mailing address?

Michael's mailing address filed with the SEC is C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN, VA, 23060.

Insiders trading at Dynex Capital

Over the last 21 years, insiders at Dynex Capital have traded over $9,138,665 worth of Dynex Capital stock and bought 496,925 units worth $5,031,288 . The most active insiders traders include Thomas B Akin, Barry Igdaloff, and Stephen J Benedetti. On average, Dynex Capital executives and independent directors trade stock every 52 days with the average trade being worth of $272,038. The most recent stock trade was executed by Robert S Colligan on 14 March 2023, trading 8,000 units of DX stock currently worth $97,280.

What does Dynex Capital do?

formed in 1988, dynex capital, inc. (nyse: dx) is an internally managed mortgage real estate investment trust (reit) that manages a diversified, high-quality, leveraged fixed-income portfolio. our goal is to manage these assets in a way that provides our shareholders with attractive, risk-adjusted returns over the long term.

Complete history of Mr. Hughes stock trades at Dynex Capital

Dynex Capital executives and stock owners

Dynex Capital executives and other stock owners filed with the SEC include:

• Byron L. Boston,
  CEO, Co-Chief Investment Officer & Director
• Byron Boston,
  President, Chief Executive Officer, Co-Chief Investment Officer, Director
• Smriti Laxman Popenoe C.F.A.,
  Pres & Co-Chief Investment Officer
• Stephen J. Benedetti CPA,
  Exec. VP, CFO, COO & Sec.
• Stephen Benedetti,
  Chief Financial Officer, Chief Operating Officer, Executive Vice President
• Smriti Popenoe,
  Executive Vice President, Chief Investment Officer
• Michael Hughes,
  Independent Chairman of the Board
• Barry Igdaloff,
  Independent Director
• Robert Salcetti,
  Independent Director
• David Stevens,
  Independent Director
• Joy Palmer,
  Independent Director
• Julia Coronado,
  Independent Director
• Alison Griffin,
  IR Contact Officer
• Jeffrey L. Childress,
  VP & Controller
• Wayne E. Brockwell,
  Sr. VP of Portfolio
• Andrew I. Gray,
  Director
• Alexander I. Crawford,
  Director
• Valerie Mosley,
  Director
• James C Iii Wheat,
  Director
• Jeffrey L Childress,
  Vice President and Controller
• Daniel K Osborne,
  Director
• Thomas B Akin,
  Director
• Leon A Felman,
  Director
• Jay Buck,
  
• Thomas H Potts,
  Director
• Der Porten Eric P Von,
  Director
• J Sidney Davenport,
  Director
• Robert S Colligan,
  EVP and CFO