21 APRIL FUND L.P., 10% Owner at DURECT CORP (DRRX), bought 952,249 shares at $1.59 ($1.7M) on 2015-03-17, disclosed to the SEC on 2015-10-01.
Open-market purchase of $1.7M DRRX by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.59 | 67,200 | $107K | 6.3% |
| 2 | $1.80 | 885,049 | $1.6M | 93.7% |
| Total | $1.79 avg | 952,249 | $1.7M | 100% |