Sumner M Redstone - Net Worth and Insider Trading
Sumner M Redstone Net Worth
The estimated net worth of Sumner M Redstone is at least $1.3 Billion dollars as of 2024-11-08. Sumner M Redstone is the 10% Owner of Advanced Drainage Systems Inc and owns about 7,391,800 shares of Advanced Drainage Systems Inc (WMS) stock worth over $1.2 Billion. Sumner M Redstone is the Executive Chairman, 10% Owner of Paramount Global and owns about 9,632,743 shares of Paramount Global (PARA) stock worth over $111 Million. Sumner M Redstone is also the Director, 10% Owner of BB Liquidating Inc and owns about 1,361,500 shares of BB Liquidating Inc (BLIAQ) stock worth over $1,362. Besides these, Sumner M Redstone also holds Viacom Inc (VIA) . Details can be seen in Sumner M Redstone'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 Sumner M Redstone has not made any transactions after 2015-06-09 and currently still holds the listed stock(s). Please note that this estimate may not reflect the actual net worth.
Transaction Summary of Sumner M Redstone
Sumner M Redstone Insider Ownership Reports
Based on ownership reports from SEC filings, as the reporting owner, Sumner M Redstone owns 5 companies in total, including Paramount Global (PARA) , Outfront Media Inc (OUT) , and Dreamworks Animation SKG Inc (DWA) among others .
Click here to see the complete history of Sumner M Redstone’s form 4 insider trades.
Insider Ownership Summary of Sumner M Redstone
| Ticker | Comapny | Transaction Date | Type of Owner |
|---|---|---|---|
| PARA | Paramount Global | 2015-03-02 | director & 10 percent owner & Chairman & CEO |
| OUT | Outfront Media Inc | 2014-03-27 | director & 10 percent owner |
| DWA | Dreamworks Animation SKG Inc | 2006-01-31 | 10 percent owner |
 | | 2004-12-23 | 10 percent owner |
| | 2004-10-06 | director & 10 percent owner |
Sumner M Redstone Latest Holdings Summary
Sumner M Redstone currently owns a total of 4 stocks. Among these stocks, Sumner M Redstone owns 7,391,800 shares of Advanced Drainage Systems Inc (WMS) as of March 23, 2005, with a value of $1.2 Billion and a weighting of 91.37%. Sumner M Redstone owns 9,632,743 shares of Paramount Global (PARA) as of March 2, 2015, with a value of $111 Million and a weighting of 8.63%. Sumner M Redstone also owns 1,361,500 shares of BB Liquidating Inc (BLIAQ) as of September 10, 2003, with a value of $1,362 and a weighting of 0%. The other 1 stocks Viacom Inc (VIA) have a combined weighting of 0% among all his current holdings.
Latest Holdings of Sumner M Redstone
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| WMS | Advanced Drainage Systems Inc | 2005-03-23 | 7,391,800 | 159.00 | 1,175,296,200 |
| PARA | Paramount Global | 2015-03-02 | 9,632,743 | 11.53 | 111,065,527 |
| BLIAQ | BB Liquidating Inc | 2003-09-10 | 1,361,500 | 0.00 | 1,362 |
| VIA | Viacom Inc | 2015-06-09 | 0 | 26.11 | 0 |
Holding Weightings of Sumner M Redstone
Sumner M Redstone Form 4 Trading Tracker
According to the SEC Form 4 filings, Sumner M Redstone has made a total of 0 transactions in Advanced Drainage Systems Inc (WMS) over the past 5 years. The most-recent trade in Advanced Drainage Systems Inc is the sale of 100,000 shares on March 23, 2005, which brought Sumner M Redstone around $3 Million.
According to the SEC Form 4 filings, Sumner M Redstone has made a total of 0 transactions in Paramount Global (PARA) over the past 5 years. The most-recent trade in Paramount Global is the sale of 98,814 shares on March 2, 2015, which brought Sumner M Redstone around $6 Million.
According to the SEC Form 4 filings, Sumner M Redstone has made a total of 0 transactions in BB Liquidating Inc (BLIAQ) over the past 5 years. The most-recent trade in BB Liquidating Inc is the acquisition of 60,000 shares on September 10, 2003, which cost Sumner M Redstone around $1 Million.
More details on Sumner M Redstone's insider transactions can be found in the Insider Trading History of Sumner M Redstone table.Insider Trading History of Sumner M Redstone
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Sumner M Redstone Trading Performance
GuruFocus tracks the stock performance after each of Sumner M Redstone's buying transactions within different timeframes. To be detailed, the average return of stocks after 3 months bought by Sumner M Redstone is -11.37%. GuruFocus also compares Sumner M Redstone's trading performance to market benchmark return within the same time period. The performance of stocks bought by Sumner M Redstone within 3 months outperforms 1 times out of 23 transactions in total compared to the return of S&P 500 within the same period.
You can select different timeframes to see how Sumner M Redstone's insider trading performs compared to the benchmark.
Performance of Sumner M Redstone
Average Return
Outperforming Transactions
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | 7.59 | | | | | |
| Relative Return to S&P 500(%) | 5.73 | | | | | |
Sumner M Redstone Ownership Network
Ownership Network List of Sumner M Redstone
Ownership Network Relation of Sumner M Redstone
Sumner M Redstone Owned Company Details
What does Paramount Global do?
Who are the key executives at Paramount Global?
Sumner M Redstone is the director & 10 percent owner & Chairman & CEO of Paramount Global. Other key executives at Paramount Global include director & 10 percent owner Sumner M. Redstone National Amusements Part B General Trust , director & 10 percent owner National Amusements Inc /md/ , and EVP & Chief Financial Officer Naveen K. Chopra .
Paramount Global (PARA) Insider Trades Summary
In summary, during the past 3 months, insiders sold 0 shares of Paramount Global (PARA) in total and bought 0 shares, with a net sale of 0 shares. During the past 18 months, 0 shares of Paramount Global (PARA) were sold and 0 shares were bought by its insiders, resulting in a net sale of 0 shares.
Paramount Global (PARA)'s detailed insider trading history can be found in Insider Trading Tracker table.
Paramount Global Insider Transactions
Sumner M Redstone Mailing Address
Above is the net worth, insider trading, and ownership report for Sumner M Redstone. You might contact Sumner M Redstone via mailing address: 1515 Broadway, New York Ny 10036.
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