Spruce HOUSE Investment Management LLC, 10% Owner, Director at GTT Communications, Inc. (GTT), bought 1,118,070 shares at $11.94 ($13.3M) on 2019-12-13, disclosed to the SEC on 2019-12-16.
Open-market purchase of $13.3M GTT by 10% Owner, Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade C.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.94 | 559,035 | $6.7M | 50.0% |
| 2 | $11.94 | 559,035 | $6.7M | 50.0% |
| Total | $11.94 avg | 1,118,070 | $13.3M | 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 → |