Dennis Ackerman
Net Worth

Last updated:

What is Dennis Ackerman net worth?

The estimated net worth of Mr. Dennis Ackerman is at least $18,412,293 as of 4 Dec 2023. He owns shares worth $1,768,050 as insider, has earned $2,469,243 from insider trading and has received compensation worth at least $14,175,000 in Bel Fuse Inc. and Bel Fuse Inc..

What is the salary of Dennis Ackerman?

Mr. Dennis Ackerman salary is $337,500 per year as Pres of Bel Power Solutions & Vice President of Operations in Bel Fuse Inc.. He also receives $337,500 as Pres of Bel Power Solutions & Vice President of Operations in Bel Fuse Inc..

How old is Dennis Ackerman?

Mr. Dennis Ackerman is 62 years old, born in 1963.

What stocks does Dennis Ackerman currently own?

As insider, Mr. Dennis Ackerman owns shares in 2 companies:

Company Title Shares Price per share Total value
Bel Fuse Inc. (BELFB) Pres of Bel Power Solutions & Vice President of Operations 7,500 $127.8 $958,500
Bel Fuse Inc. (BELFA) Pres of Bel Power Solutions & Vice President of Operations 7,500 $107.94 $809,550

What does Bel Fuse Inc. do?

Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and ethernet discrete components. The company also provides power solutions and protection products comprising front-end power supplies; board-mount power; industrial power; external power; and circuit protection products. In addition, it offers connectivity solutions, which includes expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity. The company sells its products under the Bel, TRP Connector, MagJack, Signal, Bel Power Solutions, Melcher, CUI, Stratos, Fibreco, Cinch, Johnson, Trompeter, Midwest Microwave, Semflex, and Stewart Connector brands through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors. Bel Fuse Inc. was incorporated in 1949 and is headquartered in Jersey City, New Jersey.

What does Bel Fuse Inc. do?

Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic industries in the United States, Macao, the United Kingdom, Slovakia, Germany, Switzerland, and internationally. It offers magnetic products, such as integrated connector modules; power transformers; SMD power inductors and SMPS transformers; and ethernet discrete components. The company also provides power solutions and protection products comprising front-end power supplies; board-mount power; industrial power; external power; and circuit protection products. In addition, it offers connectivity solutions, which includes expanded beam fiber optic connectors, cable assemblies, and active optical devices; copper-based connectors/cable assemblies; radio frequency connectors, cable assemblies, microwave devices, and low loss cables; and ethernet, I/O, and industrial and power connectivity. The company sells its products under the Bel, TRP Connector, MagJack, Signal, Bel Power Solutions, Melcher, CUI, Stratos, Fibreco, Cinch, Johnson, Trompeter, Midwest Microwave, Semflex, and Stewart Connector brands through direct strategic account managers, regional sales managers working with independent sales representative organizations, and authorized distributors. Bel Fuse Inc. was incorporated in 1949 and is headquartered in Jersey City, New Jersey.

Dennis Ackerman insider trading

Bel Fuse Inc.

Mr. Dennis Ackerman has made 17 insider trades between 2004-2023, according to the Form 4 filled with the SEC. Most recently he sold 2,500 units of BELFB stock worth $139,075 on 4 Dec 2023.

The largest trade he's ever made was exercising 10,000 units of BELFB stock on 2 Dec 2022. As of 4 Dec 2023 he still owns at least 7,500 units of BELFB stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Class B Common Stock 2,500 $55.63 $139,075
Sale
Class B Common Stock 10,000 $35.39 $353,880
Sale
Class B Common Stock 858 $24.87 $21,338
Sale
Class B Common Stock 1,642 $25.74 $42,257
Sale
Class B Common Stock 2,500 $24.63 $61,583
Sale
Class B Common Stock 2,500 $25.53 $63,833
Sale
Class B Common Stock 2,500 $18.97 $47,415
Sale
Class B Common Stock 2,000 $28.06 $56,114
Sale
Class B Common Stock 2,000 $21.15 $42,300
Sale
Class B Common Stock 2,000 $16.57 $33,140
Sale
Class B Common Stock 2,000 $17.5 $35,000
Sale
Class B Common Stock 1,500 $22.66 $33,993
Sale
Class B Common Stock 1,500 $18.44 $27,660
Sale
Class B Common Stock 1,500 $18.11 $27,165
Sale
Class B Common Stock 1,500 $30.58 $45,870
Option
Class B Common Stock 3,000 $17 $51,000
Sale
Class B Common Stock 3,000 $17 $51,000
Option
Stock Option (right to buy) 3,000 $17 $51,000
Option
Class B Common Stock 9,000 $17 $153,000
Option
Stock Option (right to buy) 9,000 $17 $153,000
Sale
Class B Common Stock 9,000 $17 $153,000

Bel Fuse Inc.

Mr. Dennis Ackerman has made 17 insider trades between 2004-2023, according to the Form 4 filled with the SEC. Most recently he sold 2,500 units of BELFA stock worth $139,075 on 4 Dec 2023.

The largest trade he's ever made was exercising 10,000 units of BELFA stock on 2 Dec 2022. As of 4 Dec 2023 he still owns at least 7,500 units of BELFA stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Class B Common Stock 2,500 $55.63 $139,075
Sale
Class B Common Stock 10,000 $35.39 $353,880
Sale
Class B Common Stock 858 $24.87 $21,338
Sale
Class B Common Stock 1,642 $25.74 $42,257
Sale
Class B Common Stock 2,500 $24.63 $61,583
Sale
Class B Common Stock 2,500 $25.53 $63,833
Sale
Class B Common Stock 2,500 $18.97 $47,415
Sale
Class B Common Stock 2,000 $28.06 $56,114
Sale
Class B Common Stock 2,000 $21.15 $42,300
Sale
Class B Common Stock 2,000 $16.57 $33,140
Sale
Class B Common Stock 2,000 $17.5 $35,000
Sale
Class B Common Stock 1,500 $22.66 $33,993
Sale
Class B Common Stock 1,500 $18.44 $27,660
Sale
Class B Common Stock 1,500 $18.11 $27,165
Sale
Class B Common Stock 1,500 $30.58 $45,870
Option
Class B Common Stock 3,000 $17 $51,000
Sale
Class B Common Stock 3,000 $17 $51,000
Option
Stock Option (right to buy) 3,000 $17 $51,000
Option
Class B Common Stock 9,000 $17 $153,000
Option
Stock Option (right to buy) 9,000 $17 $153,000
Sale
Class B Common Stock 9,000 $17 $153,000

Bel Fuse key executives

Bel Fuse Inc. executives and other stock owners filed with the SEC: