Bruce Kovner, Director, 10% Owner at SYNTA PHARMACEUTICALS CORP (SNTA), bought 5,000,000 shares at $3.75 ($18.8M) on 2013-11-13, disclosed to the SEC on 2013-11-15.
Seasonal purchase ($18.8M) by Director, 10% Owner — this insider has traded SNTA in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.75 | 1,600,000 | $6.0M | 32.0% |
| 2 | $3.75 | 3,400,000 | $12.8M | 68.0% |
| Total | $3.75 avg | 5,000,000 | $18.8M | 100% |
| Filing → |
| SBBP | BUY | 2018-12-21 | $1.3M | — | Filing → |
| SBBP | BUY | 2018-08-09 | $3.6M | — | Filing → |
| SBBP | BUY | 2018-07-27 | $2.6M | — | Filing → |