Starboard VALUE & Opportunity Master FUND Ltd., 10% Owner at TOLLGRADE COMMUNICATIONS INC \PA\ (TLGD), bought 27,903 shares at $5.70 ($158K) on 2009-03-05, disclosed to the SEC on 2009-03-05.
Open-market purchase of $158k TLGD 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 | $5.62 | 1,380 | $8K | 4.9% |
| 2 | $5.62 | 7,243 | $41K | 25.8% |
| 3 | $5.63 | 560 | $3K | 2.0% |
| 4 | $5.63 | 2,943 | $17K | 10.5% |
| 5 | $5.64 | 1,024 | $6K | 3.7% |
| 6 | $5.64 | 5,376 |
| $30K |
| 19.2% |
| 7 | $5.78 | 1,179 | $7K | 4.3% |
| 8 | $5.78 | 225 | $1K | 0.8% |
| 9 | $5.70 | 384 | $2K | 1.4% |
| 10 | $5.70 | 436 | $2K | 1.6% |
| 11 | $5.70 | 456 | $3K | 1.6% |
| 12 | $5.70 | 2,016 | $11K | 7.3% |
| 13 | $5.70 | 2,290 | $13K | 8.3% |
| 14 | $5.70 | 2,391 | $14K | 8.6% |
| Total | $5.66 avg | 27,903 | $158K | 100% |
| Filing → |
| TLGD | BUY | 2009-04-30 | $3K | — | Filing → |
| TLGD | BUY | 2009-04-23 | $16 | — | Filing → |
| TLGD | BUY | 2009-03-13 | $22K | — | Filing → |