Joseph M. Field, Chairman Emeritus at ENTERCOM COMMUNICATIONS CORP (ETM), bought 1,064,034 shares at $2.53 ($2.4M) on 2020-03-11, disclosed to the SEC on 2020-03-12.
Seasonal purchase ($2.4M) by Chairman Emeritus — this insider has traded ETM in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.69 | 162,017 | $436K | 18.3% |
| 2 | $2.69 | 162,017 | $436K | 18.3% |
| 3 | $2.53 | 20,000 | $51K | 2.1% |
| 4 | $2.53 | 20,000 | $51K | 2.1% |
| 5 | $2.01 | 350,000 | $703K | 29.6% |
| 6 | $2.01 | 350,000 |
| $704K |
| 29.6% |
| Total | $2.24 avg | 1,064,034 | $2.4M | 100% |
| Filing → |
| AUD | BUY | 2021-08-19 | $1.2M | — | Filing → |
| ETM | SELL | 2020-11-24 | $2.6M | — | Filing → |
| ETM | BUY | 2020-05-20 | $2.9M | — | Filing → |