Last updated: 24 June 2024 at 6:00pm EST

Michael Hoer Net Worth




The estimated Net Worth of Michael A. Hoer is at least $288 Thousand dollars as of 7 November 2023. Mr. Hoer owns over 49 units of Medifast Inc stock worth over $152,928 and over the last 6 years he sold MED stock worth over $0. In addition, he makes $135,396 as Independent Director at Medifast Inc.

Mr. Hoer MED stock SEC Form 4 insiders trading

Michael has made over 6 trades of the Medifast Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 49 units of MED stock worth $3,428 on 7 November 2023.

The largest trade he's ever made was buying 200 units of Medifast Inc stock on 12 November 2018 worth over $31,246. On average, Michael trades about 23 units every 130 days since 2018. As of 7 November 2023 he still owns at least 8,375 units of Medifast Inc stock.

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





Michael Hoer biography

Michael A. Hoer serves as Independent Director of the Company. Mr. Hoer held various positions of increasing responsibility at Continental Grain Company from 1992 to 2007, where he most recently served as President – Continental Enterprises Ltd. & Managing Director – Conti Asia. Mr. Hoer currently serves on the board of directors of Taiwan Fu Hsing Industrial Co. Ltd., Dynasty Petroleum Holdings LLC (as Chairman), First Western Advisors and Avantar, Utah USA. He also served on the board of directors of Beijing H-Hova Purification Technology Co. Ltd. from August 2012 to July 2016. Mr. Hoer received a BA in Chinese and an MBA from Brigham Young University.

What is the salary of Michael Hoer?

As the Independent Director of Medifast Inc, the total compensation of Michael Hoer at Medifast Inc is $135,396. There are 13 executives at Medifast Inc getting paid more, with Daniel Chard having the highest compensation of $4,669,990.



How old is Michael Hoer?

Michael Hoer is 64, he's been the Independent Director of Medifast Inc since 2018. There are 1 older and 21 younger executives at Medifast Inc. The oldest executive at Medifast Inc is Kevin Byrnes, 73, who is the Independent Director.

What's Michael Hoer's mailing address?

Michael's mailing address filed with the SEC is C/O MEDIFAST, INC., 100 INTERNATIONAL DRIVE, BALTIMORE, MD, 21202.

Insiders trading at Medifast Inc

Over the last 21 years, insiders at Medifast Inc have traded over $142,340,778 worth of Medifast Inc stock and bought 102,554 units worth $5,201,250 . The most active insiders traders include Glenn W. Welling, Balanced Master Fund, Ltd. ..., and Shirley Macdonald. On average, Medifast Inc executives and independent directors trade stock every 42 days with the average trade being worth of $503,538. The most recent stock trade was executed by Scott Schlackman on 8 March 2024, trading 4,053 units of MED stock currently worth $159,850.



What does Medifast Inc do?

since 1980, medifast, inc.(nyse: med) has been a brand recommended by 20,000 doctors. developed by a physician, medifast is a clinically proven nutrition and weight loss company based in maryland. we change lives by producing results and helping those succeed. because everyone has different goals and ways of learning, we offer several support programs as you choose health with medifast. we believe that healthier people are happier people. everyone has the right to feel good about themselves. our vision is to create a world where it's easy to take control of your own well-being. we're on a mission to empower people with the right opportunities to enjoy the healthy life they deserve. we see it every day. the ear-to-ear grin. the “holding back the tears” pride. the glow of pure joy when someone reaches their weight-loss goals. their whole life gets better, and so does yours, because you helped them get there. if you’d like to spend every day helping to change people’s lives for the better



What does Medifast Inc's logo look like?

Medifast Inc logo

Complete history of Mr. Hoer stock trades at Medifast Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Nov 2023 Michael A. Hoer
Director
Buy 49 $69.96 $3,428
7 Nov 2023
8,375
8 Aug 2023 Michael A. Hoer
Director
Buy 37 $90.98 $3,366
8 Aug 2023
8,325
9 May 2023 Michael A. Hoer
Director
Buy 12 $93.13 $1,118
9 May 2023
5,170
7 Feb 2023 Michael A. Hoer
Director
Buy 9 $121.68 $1,095
7 Feb 2023
5,157
8 Nov 2022 Michael A. Hoer
Director
Buy 10 $107.86 $1,079
8 Nov 2022
5,147
12 Nov 2018 Michael A. Hoer
Director
Buy 200 $156.23 $31,246
12 Nov 2018
600


Medifast Inc executives and stock owners

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