Spruce HOUSE Investment Management LLC, 10% Owner at GTT Communications, Inc. (GTT), bought 154,000 shares at $28.60 ($4.4M) on 2019-01-29, disclosed to the SEC on 2019-01-31.
Open-market purchase of $4.4M GTT by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $27.90 | 29,000 | $809K | 18.5% |
| 2 | $28.60 | 75,000 | $2.1M | 48.9% |
| 3 | $28.56 | 50,000 | $1.4M | 32.6% |
| Total | $28.46 avg | 154,000 | $4.4M | 100% |
| Filing → |
| GTT | BUY | 2019-01-18 | $27.3M | — | Filing → |
| CVNA | BUY | 2018-12-19 | $35.9M | — | Filing → |
| GTT | BUY | 2018-10-26 | $17.6M | — | Filing → |