Matthew 25 Management Corp. Discloses 71,500 Share Stake in FAMC
Ticker: AGM-PH · Form: SC 13G · Filed: Feb 12, 2024 · CIK: 845877
| Field | Detail |
|---|---|
| Company | Federal Agricultural Mortgage Corp (AGM-PH) |
| Form Type | SC 13G |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, SC-13G, investment-firm, stake-disclosure
TL;DR
**Matthew 25 Management Corp. just revealed a 71,500 share stake in FAMC, signaling institutional confidence.**
AI Summary
Matthew 25 Management Corp., a Pennsylvania-based investment firm, reported owning 71,500 shares of Federal Agricultural Mortgage Corp. (FAMC) Class A Common Stock as of December 31, 2023. This represents a significant, though not controlling, stake in the company, indicating Matthew 25's confidence in FAMC's future. For investors, this matters because it signals that a professional money manager sees value in FAMC, potentially validating their own investment or prompting further research into the company's prospects.
Why It Matters
This filing shows a notable institutional investor, Matthew 25 Management Corp., has taken a position in Federal Agricultural Mortgage Corp., which can be a positive signal for other investors.
Risk Assessment
Risk Level: low — This filing indicates an institutional investment, generally seen as a positive or neutral event, with no immediate negative risks identified.
Analyst Insight
A smart investor would view this institutional investment as a potential vote of confidence and consider researching Federal Agricultural Mortgage Corp.'s fundamentals and recent performance to understand why Matthew 25 Management Corp. took this position.
Key Numbers
- 71,500 — Shares Beneficially Owned (Represents Matthew 25 Management Corp.'s total stake in FAMC.)
- 313148108 — CUSIP Number (Identifies the specific class of securities (Common Stock Class A) of Federal Agricultural Mortgage Corp.)
Key Players & Entities
- Matthew 25 Management Corp. (company) — the reporting person and investment firm
- Federal Agricultural Mortgage Corp. (company) — the issuer of the securities
- 71,500 (dollar_amount) — shares beneficially owned
- December 31, 2023 (date) — date of event requiring the filing
- Pennsylvania (company) — state of incorporation for Matthew 25 Management Corp.
Forward-Looking Statements
- Matthew 25 Management Corp. will maintain or slightly increase its stake in FAMC over the next year. (Matthew 25 Management Corp.) — medium confidence, target: December 31, 2024
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person is Matthew 25 Management Corp., with an IRS Identification No. of 23-2804868, incorporated in Pennsylvania, USA.
What company's stock is the subject of this filing?
The subject company is Federal Agricultural Mortgage Corp., also known as Farmer Mac, with a Central Index Key (CIK) of 0000845877.
How many shares of Federal Agricultural Mortgage Corp. does Matthew 25 Management Corp. beneficially own?
Matthew 25 Management Corp. beneficially owns an aggregate amount of 71,500 shares of Federal Agricultural Mortgage Corp.'s Common Stock Class A.
What is the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on February 12, 2024 regarding FEDERAL AGRICULTURAL MORTGAGE CORP (AGM-PH).