SHANDA ASSET MANAGEMENT HOLDINGS Ltd, 10% Owner at COMMUNITY HEALTH SYSTEMS INC (CYH), bought 1,191,102 shares at $3.98 ($4.7M) on 2018-01-10, disclosed to the SEC on 2018-01-11.
Open-market purchase of $4.7M CYH 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 | $3.97 | 800,000 | $3.2M | 67.1% |
| 2 | $3.98 | 195,551 | $778K | 16.4% |
| 3 | $3.98 | 195,551 | $778K | 16.4% |
| Total | $3.97 avg | 1,191,102 | $4.7M | 100% |