Spruce House Capital LLC, 10% Owner at GTT Communications, Inc. (GTT), bought 1,734,000 shares at $24.70 ($43.5M) on 2019-01-17, disclosed to the SEC on 2019-01-25.
Open-market purchase of $43.5M 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 C.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $23.13 | 38,400 | $888K | 2.0% |
| 2 | $24.52 | 411,600 | $10.1M | 23.2% |
| 3 | $24.70 | 412,499 | $10.2M | 23.4% |
| 4 | $24.70 | 412,499 | $10.2M | 23.4% |
| 5 | $25.41 | 94,501 | $2.4M | 5.5% |
| 6 | $25.41 | 94,501 |
| $2.4M |
| 5.5% |
| 7 | $26.73 | 40,403 | $1.1M | 2.5% |
| 8 | $26.73 | 40,403 | $1.1M | 2.5% |
| 9 | $27.50 | 94,597 | $2.6M | 6.0% |
| 10 | $27.50 | 94,597 | $2.6M | 6.0% |
| Total | $25.10 avg | 1,734,000 | $43.5M | 100% |
| Filing → |
| GTT | BUY | 2018-09-10 | $58.8M | — | Filing → |
| GTT | BUY | 2018-08-15 | $51.2M | — | Filing → |
| LRTR | SELL | 2010-12-28 | $220K | — | Filing → |