Starboard VALUE & Opportunity Master FUND Ltd., 10% Owner at OFFICE DEPOT INC (ODP), bought 6,916,981 shares at $2.27 ($15.8M) on 2012-09-13, disclosed to the SEC on 2012-09-17.
Open-market purchase of $15.8M ODP 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 | $2.16 | 197,504 | $427K | 2.7% |
| 2 | $2.16 | 43,890 | $95K | 0.6% |
| 3 | $2.16 | 1,221,603 | $2.6M | 16.7% |
| 4 | $2.25 | 226,193 | $509K | 3.2% |
| 5 | $2.25 | 1,399,045 | $3.1M | 19.9% |
| 6 | $2.25 | 50,265 |
| $113K |
| 0.7% |
| 7 | $2.27 | 56,364 | $128K | 0.8% |
| 8 | $2.27 | 253,639 | $576K | 3.6% |
| 9 | $2.27 | 1,568,807 | $3.6M | 22.5% |
| 10 | $2.44 | 47,206 | $115K | 0.7% |
| 11 | $2.44 | 10,490 | $26K | 0.2% |
| 12 | $2.44 | 291,975 | $712K | 4.5% |
| 13 | $2.45 | 1,043,750 | $2.6M | 16.1% |
| 14 | $2.45 | 9,000 | $22K | 0.1% |
| 15 | $2.45 | 37,500 | $92K | 0.6% |
| 16 | $2.45 | 40,500 | $99K | 0.6% |
| 17 | $2.45 | 168,750 | $413K | 2.6% |
| 18 | $2.45 | 250,500 | $614K | 3.9% |
| Total | $2.29 avg | 6,916,981 | $15.8M | 100% |
| Filing → |
| TLGD | BUY | 2009-04-23 | $16 | — | Filing → |
| TLGD | BUY | 2009-03-13 | $22K | — | Filing → |
| TLGD | BUY | 2009-03-05 | $158K | — | Filing → |