Joseph M. Field, Chairman Emeritus at ENTERCOM COMMUNICATIONS CORP (ETM), bought 300,000 shares at $6.50 ($1.9M) on 2018-12-07, disclosed to the SEC on 2018-12-10.
Seasonal purchase ($1.9M) by Chairman Emeritus — this insider has traded ETM in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.32 | 100,000 | $632K | 32.8% |
| 2 | $6.50 | 100,000 | $650K | 33.7% |
| 3 | $6.47 | 100,000 | $647K | 33.5% |
| Total | $6.43 avg | 300,000 | $1.9M | 100% |
| Filing → |
| AUD | BUY | 2021-08-19 | $1.2M | — | Filing → |
| ETM | SELL | 2020-11-24 | $2.6M | — | Filing → |
| ETM | BUY | 2020-05-20 | $2.9M | — | Filing → |