Merrick Venture Management, LLC, 10% Owner at tronc, Inc. (TRNC), bought 128,550 shares at $12.73 ($1.6M) on 2016-11-22, disclosed to the SEC on 2016-11-22.
Scheduled purchase ($1.6M) 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 | $12.74 | 21,000 | $268K | 16.4% |
| 2 | $12.68 | 37,266 | $473K | 28.9% |
| 3 | $12.68 | 37,266 | $473K | 28.9% |
| 4 | $12.73 | 16,509 | $210K | 12.9% |
| 5 | $12.73 | 16,509 | $210K | 12.9% |
| Total | $12.70 avg | 128,550 |
| $1.6M |
| 100% |
| Filing → |
| TRNC | BUY | 2016-12-15 | $218K | — | Filing → |
| TRNC | BUY | 2016-12-08 | $114K | — | Filing → |
| TRNC | BUY | 2016-12-01 | $678K | — | Filing → |