Frank Porter  Stansberry net worth and biography

Frank Stansberry Biography and Net Worth

Major Shareholder of MarketWise
Porter Stansberry founded Stansberry Research in 1999 with the firm's flagship publication, Stansberry's Investment Advisory. He is also the host of Stansberry Investor Hour, a weekly broadcast that has quickly become one of the most popular online financial radio shows.

Prior to launching Stansberry Research, Porter was the first American editor of the Fleet Street Letter, the world's oldest English-language financial newsletter.

Today, Porter is well-known for doing some of the most important – and often controversial – work in the financial advisory business. Since he launched Stansberry's Investment Advisory, his string of accurate forecasts has made his advisory one of the most widely read in the world, and has helped his readers both avoid catastrophe and make incredible gains.

For example, his dead-on prediction of the mortgage meltdown got the attention of Barron's, who said Porter's work was "remarkably prescient... Nothing, as far as we can see, has happened to contradict his dire prophecy... "

At Stansberry Research, we have put together a team of more than twenty of the best editors and analysts in the business, who do an exhaustive amount of real-world, independent research. Together, this group has visited hundreds of publicly traded companies to bring Stansberry Research subscribers the safest, most profitable investment ideas in the world, no matter what's happening in the markets.

What is Frank Porter Stansberry's net worth?

The estimated net worth of Frank Porter Stansberry is at least $4.89 million as of August 30th, 2023. Mr. Stansberry owns 3,035,467 shares of MarketWise stock worth more than $4,887,102 as of April 26th. This net worth evaluation does not reflect any other assets that Mr. Stansberry may own. Learn More about Frank Porter Stansberry's net worth.

How old is Frank Porter Stansberry?

Mr. Stansberry is currently 50 years old. There are 4 older executives and no younger executives at MarketWise. The oldest executive at MarketWise is Mr. Stephen M. Park CPA, Principal Financial Officer & Principal Accounting Officer, who is 61 years old. Learn More on Frank Porter Stansberry's age.

How do I contact Frank Porter Stansberry?

The corporate mailing address for Mr. Stansberry and other MarketWise executives is 667 MADISON AVENUE 5TH FLOOR, NEW YORK NY, 10065. MarketWise can also be reached via phone at 888-261-2693 and via email at [email protected]. Learn More on Frank Porter Stansberry's contact information.

Has Frank Porter Stansberry been buying or selling shares of MarketWise?

Frank Porter Stansberry has not been actively trading shares of MarketWise over the course of the past ninety days. Most recently, Frank Porter Stansberry sold 45,000 shares of the business's stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $1.30, for a transaction totalling $58,500.00. Following the completion of the sale, the insider now directly owns 3,035,467 shares of the company's stock, valued at $3,946,107.10. Learn More on Frank Porter Stansberry's trading history.

Are insiders buying or selling shares of MarketWise?

In the last year, MarketWise insiders bought shares 6 times. They purchased a total of 71,448 shares worth more than $119,163.59. In the last year, insiders at the newsletter publisher sold shares 19 times. They sold a total of 497,290 shares worth more than $894,280.92. The most recent insider tranaction occured on March, 21st when CFO Erik Mickels bought 11,363 shares worth more than $19,657.99. Insiders at MarketWise own 13.1% of the company. Learn More about insider trades at MarketWise.

Information on this page was last updated on 3/21/2024.

Frank Porter Stansberry Insider Trading History at MarketWise

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/30/2023Sell45,000$1.30$58,500.003,035,467View SEC Filing Icon  
8/28/2023Sell40,000$1.35$54,000.003,150,467View SEC Filing Icon  
8/24/2023Sell55,000$1.42$78,100.003,227,467View SEC Filing Icon  
8/22/2023Sell32,547$1.49$48,495.033,318,467View SEC Filing Icon  
8/10/2023Sell217,106$1.58$343,027.482,851,014View SEC Filing Icon  
7/25/2023Sell700$2.04$1,428.003,072,812View SEC Filing Icon  
7/7/2023Sell900$2.00$1,800.003,073,512View SEC Filing Icon  
7/5/2023Sell6,946$2.00$13,892.003,074,412View SEC Filing Icon  
7/3/2023Sell890$2.00$1,780.003,081,358View SEC Filing Icon  
9/14/2022Buy38,128$2.49$94,938.721,570,414View SEC Filing Icon  
9/7/2022Buy81,279$2.55$207,261.451,282,286View SEC Filing Icon  
7/29/2022Buy7,617$2.67$20,337.391,139,000View SEC Filing Icon  
7/27/2022Buy660,725$2.67$1,764,135.751,085,859View SEC Filing Icon  
6/7/2022Buy20,770$2.45$50,886.50260,158View SEC Filing Icon  
5/18/2022Buy31,000$2.51$77,810.00239,388View SEC Filing Icon  
1/24/2022Buy10,938$5.72$62,565.36View SEC Filing Icon  
1/20/2022Buy120,100$5.98$718,198.00View SEC Filing Icon  
See Full Table

Frank Porter Stansberry Buying and Selling Activity at MarketWise

This chart shows Frank Porter Stansberry's buying and selling at MarketWise by year and by quarter.

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MarketWise Company Overview

MarketWise logo
MarketWise, Inc. operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of media, including desktops, laptops, tablets, and mobile; and financial newsletters. It provides a suite of stock research tools and portfolio management services under the Chaikin Analytics brand; portfolio management software tools under the TradeSmith brand name; and database of accounting-based financial summaries under the Altimetry brand. In addition, the company develops screeners, monitors, portfolio management tools, and proprietary indicators that produce a composite score to rank publicly traded companies. The company was founded in 1999 and is headquartered in Baltimore, Maryland.
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Today's Range

Now: $1.61
Low: $1.57
High: $1.70

50 Day Range

MA: $1.76
Low: $1.56
High: $2.04

2 Week Range

Now: $1.61
Low: $1.24
High: $3.62

Volume

97,630 shs

Average Volume

118,147 shs

Market Capitalization

$530.54 million

P/E Ratio

32.20

Dividend Yield

2.33%

Beta

0.53