B. Riley Financial, Inc., 10% Owner at Arena Group Holdings, Inc. (AREN), bought 347,416 shares at $3.64 ($1.3M) on 2023-06-23, disclosed to the SEC on 2023-06-23.
Open-market purchase of $1.3M 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 | 13,424 | $47K | 3.7% |
| 2 | $3.50 | 29,598 | $104K | 8.2% |
| 3 | $3.64 | 100,000 | $364K | 28.9% |
| 4 | $3.65 | 102,197 | $373K | 29.6% |
| 5 | $3.65 | 102,197 | $373K | 29.6% |
| Total | $3.63 avg | 347,416 |
| $1.3M |
| 100% |
| Filing → |
| TACT | SELL | 2024-01-18 | $154K | — | Filing → |
| BW | BUY | 2023-11-16 | $366K | — | Filing → |
| BW | BUY | 2023-06-27 | $578K | — | Filing → |