21 APRIL FUND L.P., 10% Owner at DURECT CORP (DRRX), bought 600,200 shares at $1.37 ($822K) on 2016-01-11, disclosed to the SEC on 2016-01-12.
Open-market purchase of $822k DRRX 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 D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.37 | 300,100 | $411K | 50.0% |
| 2 | $1.37 | 300,100 | $411K | 50.0% |
| Total | $1.37 avg | 600,200 | $822K | 100% |