Merrick Venture Management, LLC, 10% Owner at tronc, Inc. (TRNC), bought 158,898 shares at $12.83 ($2.0M) on 2016-11-16, disclosed to the SEC on 2016-11-17.
Scheduled purchase ($2.0M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $12.59 | 30,000 | $378K | 18.6% |
| 2 | $12.83 | 38,110 | $489K | 24.1% |
| 3 | $12.83 | 38,110 | $489K | 24.1% |
| 4 | $12.74 | 26,339 | $336K | 16.6% |
| 5 | $12.74 | 26,339 | $336K | 16.6% |
| Total | $12.75 avg | 158,898 |
| $2.0M |
| 100% |
| Filing → |
| TRNC | BUY | 2016-12-15 | $218K | — | Filing → |
| TRNC | BUY | 2016-12-08 | $114K | — | Filing → |
| TRNC | BUY | 2016-12-01 | $678K | — | Filing → |