Merrick Venture Management, LLC, 10% Owner at tronc, Inc. (TRNC), bought 84,252 shares at $12.88 ($1.1M) on 2016-11-25, disclosed to the SEC on 2016-11-28.
Scheduled purchase ($1.1M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $12.96 | 9,432 | $122K | 11.2% |
| 2 | $12.96 | 9,432 | $122K | 11.2% |
| 3 | $12.88 | 5,000 | $64K | 5.9% |
| 4 | $12.88 | 5,000 | $64K | 5.9% |
| 5 | $12.93 | 27,694 | $358K | 32.9% |
| 6 | $12.93 | 27,694 |
| $358K |
| 32.9% |
| Total | $12.93 avg | 84,252 | $1.1M | 100% |
| Filing → |
| TRNC | BUY | 2016-12-15 | $218K | — | Filing → |
| TRNC | BUY | 2016-12-08 | $114K | — | Filing → |
| TRNC | BUY | 2016-12-01 | $678K | — | Filing → |