Indaba Capital Management, L.P., 10% Owner at Benefitfocus, Inc. (BNFT), bought 164,094 shares at $12.37 ($2.1M) on 2022-03-24, disclosed to the SEC on 2022-03-28.
High-signal trade — passes our conviction filters but the AI narrative is still being generated. Check back shortly.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $12.37 | 22,047 | $273K | 13.2% |
| 2 | $12.37 | 22,047 | $273K | 13.2% |
| 3 | $12.45 | 20,000 | $249K | 12.0% |
| 4 | $12.72 | 100,000 | $1.3M | 61.6% |
| Total | $12.59 avg | 164,094 | $2.1M | 100% |