Sanjay Motwani, 10% Owner at GIGAMEDIA LTD (GIGM), bought 40,000 shares at $8.00 ($308K) on 2006-07-07, disclosed to the SEC on 2006-07-11.
Open-market purchase of $308k GIGM by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $8.00 | 360 | $3K | 0.9% |
| 2 | $8.00 | 1,640 | $13K | 4.3% |
| 3 | $7.68 | 7,030 | $54K | 17.5% |
| 4 | $7.68 | 30,970 | $238K | 77.3% |
| Total | $7.70 avg | 40,000 | $308K | 100% |