Michael Hoffman - Net Worth and Insider Trading
Michael Hoffman Net Worth
The estimated net worth of Michael Hoffman is at least $2 Million dollars as of 2024-12-28. Michael Hoffman is the Director or Senior Officer of Insider or Subsidiar of Gildan Activewear Inc and owns about 30,056 shares of Gildan Activewear Inc (TSX:GIL) stock worth over $2 Million. Michael Hoffman is the Director of Nican Ltd and owns about 2,776,000 shares of Nican Ltd (TSXV:NICN) stock worth over $111,040. Michael Hoffman is also the Director of Fury Gold Mines Ltd and owns about 157,781 shares of Fury Gold Mines Ltd (TSX:FURY) stock worth over $85,202. Besides these, Michael Hoffman also holds 1911 Gold Corp (TSXV:AUMB) , Volta Metals Ltd (XCNQ:VLTA) . Details can be seen in Michael Hoffman's Latest Holdings Summary section.
Disclaimer: The insider information is derived from SEC filings. The estimated net worth is based on the final shares held after open market or private purchases and sales of common stock with a transaction code of "P" or "S" on Form 4, assuming that Michael Hoffman has not made any transactions after 2023-10-05 and currently still holds the listed stock(s). Please note that this estimate may not reflect the actual net worth.
Transaction Summary of Michael Hoffman
Michael Hoffman Insider Ownership Reports
Based on ownership reports from SEC filings, as the reporting owner, Michael Hoffman owns 5 companies in total, including Nican Ltd (TSXV:NICN) , Gildan Activewear Inc (TSX:GIL) , and 1911 Gold Corp (TSXV:AUMB) among others .
Click here to see the complete history of Michael Hoffman’s form 4 insider trades.
Insider Ownership Summary of Michael Hoffman
| Ticker | Comapny | Transaction Date | Type of Owner |
|---|---|---|---|
| TSXV:NICN | Nican Ltd | 2023-10-05 | Director |
| TSX:GIL | Gildan Activewear Inc | 2019-02-25 | Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6) |
| TSXV:AUMB | 1911 Gold Corp | 2022-05-11 | Director |
 | | 2020-12-09 | Director |
| | 2023-06-08 | Director |
Michael Hoffman Latest Holdings Summary
Michael Hoffman currently owns a total of 5 stocks. Among these stocks, Michael Hoffman owns 30,056 shares of Gildan Activewear Inc (TSX:GIL) as of February 25, 2019, with a value of $2 Million and a weighting of 88.63%. Michael Hoffman owns 2,776,000 shares of Nican Ltd (TSXV:NICN) as of October 5, 2023, with a value of $111,040 and a weighting of 4.84%. Michael Hoffman also owns 157,781 shares of Fury Gold Mines Ltd (TSX:FURY) as of December 9, 2020, with a value of $85,202 and a weighting of 3.72%. The other 2 stocks 1911 Gold Corp (TSXV:AUMB) , Volta Metals Ltd (XCNQ:VLTA) have a combined weighting of 2.81% among all his current holdings.
Latest Holdings of Michael Hoffman
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| TSX:GIL | Gildan Activewear Inc | 2019-02-25 | 30,056 | 67.59 | 2,031,485 |
| TSXV:NICN | Nican Ltd | 2023-10-05 | 2,776,000 | 0.04 | 111,040 |
| TSX:FURY | Fury Gold Mines Ltd | 2020-12-09 | 157,781 | 0.54 | 85,202 |
| TSXV:AUMB | 1911 Gold Corp | 2022-05-11 | 271,500 | 0.16 | 42,083 |
| XCNQ:VLTA | Volta Metals Ltd | 2023-06-08 | 1,116,105 | 0.02 | 22,322 |
Holding Weightings of Michael Hoffman
Michael Hoffman Form 4 Trading Tracker
According to the SEC Form 4 filings, Michael Hoffman has made a total of 0 transactions in Gildan Activewear Inc (TSX:GIL) over the past 5 years. The most-recent trade in Gildan Activewear Inc is the sale of 35,504 shares on February 25, 2019, which brought Michael Hoffman around $2 Million.
According to the SEC Form 4 filings, Michael Hoffman has made a total of 3 transactions in Nican Ltd (TSXV:NICN) over the past 5 years, including 3 buys and 0 sells. The most-recent trade in Nican Ltd is the acquisition of 50,000 shares on October 5, 2023, which cost Michael Hoffman around $2,500.
According to the SEC Form 4 filings, Michael Hoffman has made a total of 6 transactions in Fury Gold Mines Ltd (TSX:FURY) over the past 5 years, including 6 buys and 0 sells. The most-recent trade in Fury Gold Mines Ltd is the acquisition of 5,000 shares on December 9, 2020, which cost Michael Hoffman around $9,250.
More details on Michael Hoffman's insider transactions can be found in the Insider Trading History of Michael Hoffman table.Insider Trading History of Michael Hoffman
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Michael Hoffman Trading Performance
GuruFocus tracks the stock performance after each of Michael Hoffman's buying transactions within different timeframes. To be detailed, the average return of stocks after 3 months bought by Michael Hoffman is -5.24%. GuruFocus also compares Michael Hoffman's trading performance to market benchmark return within the same time period. The performance of stocks bought by Michael Hoffman within 3 months outperforms 2 times out of 11 transactions in total compared to the return of S&P 500 within the same period.
You can select different timeframes to see how Michael Hoffman's insider trading performs compared to the benchmark.
Performance of Michael Hoffman
Average Return
Outperforming Transactions
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | -9.16 | | | | | |
| Relative Return to S&P 500(%) | -11.07 | | | | | |
Michael Hoffman Ownership Network
Michael Hoffman Owned Company Details
What does Nican Ltd do?
Who are the key executives at Nican Ltd?
Michael Hoffman is the Director of Nican Ltd. Other key executives at Nican Ltd include Director & Senior Officer Bradley Dean Humphrey , and Senior Officer Shaun Perin Heinrichs .
Nican Ltd (TSXV:NICN) Insider Trades Summary
Over the past 18 months, Michael Hoffman made 3 insider transaction in Nican Ltd (TSXV:NICN) with a net purchase of 176,000. Other recent insider transactions involving Nican Ltd (TSXV:NICN) include a net purchase of 955,000 shares made by Bradley Dean Humphrey , a net purchase of 320,000 shares made by Shaun Perin Heinrichs , and a net purchase of 200,000 shares made by Alison Sagateh Williams .
In summary, during the past 3 months, insiders sold 0 shares of Nican Ltd (TSXV:NICN) in total and bought 425,000 shares, with a net purchase of 425,000 shares. During the past 18 months, 0 shares of Nican Ltd (TSXV:NICN) were sold and 1,651,000 shares were bought by its insiders, resulting in a net purchase of 1,651,000 shares.
Nican Ltd (TSXV:NICN)'s detailed insider trading history can be found in Insider Trading Tracker table.
Nican Ltd Insider Transactions
Michael Hoffman Mailing Address
Above is the net worth, insider trading, and ownership report for Michael Hoffman. Currently GuruFocus does not have mailing address information for Michael Hoffman.
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