Opportunity Income Plus LP, 10% Owner at FIRST TRUST DIVIDEND & INCOME FUND (FAV), bought 21,798 shares at $8.89 ($194K) on 2016-10-19, disclosed to the SEC on 2016-10-21.
Open-market purchase of $194k FAV by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade C.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $8.89 | 302 | $3K | 1.4% |
| 2 | $8.89 | 10,598 | $94K | 48.6% |
| 3 | $8.89 | 10,598 | $94K | 48.6% |
| 4 | $8.86 | 300 | $3K | 1.4% |
| Total | $8.89 avg | 21,798 | $194K | 100% |
| Filing → |
| JFC | BUY | 2017-06-05 | $492K | — | Filing → |
| KEF | BUY | 2017-04-04 | $91K | — | Filing → |
| FAV | BUY | 2016-09-26 | $1.9M | — | Filing → |