B. Riley Financial, Inc., 10% Owner at Arena Group Holdings, Inc. (AREN), bought 42,451 shares at $3.50 ($149K) on 2023-06-16, disclosed to the SEC on 2023-06-20.
Open-market purchase of $149k AREN 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 | $3.50 | 1,041 | $4K | 2.5% |
| 2 | $3.50 | 18,717 | $66K | 44.1% |
| 3 | $3.50 | 18,717 | $66K | 44.1% |
| 4 | $3.50 | 3,976 | $14K | 9.4% |
| Total | $3.50 avg | 42,451 | $149K | 100% |
| Filing → |
| TACT | SELL | 2024-01-18 | $154K | — | Filing → |
| BW | BUY | 2023-11-16 | $366K | — | Filing → |
| BW | BUY | 2023-06-27 | $578K | — | Filing → |