Harbert Management Corp., 10% Owner at LEAP WIRELESS INTERNATIONAL INC (LEAP), bought 275,000 shares at $39.95 ($10.8M) on 2007-12-07, disclosed to the SEC on 2007-12-10.
Open-market purchase of $10.8M LEAP 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 | $38.05 | 33,333 | $1.3M | 11.7% |
| 2 | $38.05 | 66,667 | $2.5M | 23.5% |
| 3 | $39.95 | 58,333 | $2.3M | 21.6% |
| 4 | $39.95 | 116,667 | $4.7M | 43.2% |
| Total | $39.26 avg | 275,000 | $10.8M | 100% |
| Filing → |
| CLF | SELL | 2009-01-12 | $14.6M | — | Filing → |
| MEG | SELL | 2008-12-05 | $122K | — | Filing → |
| MDVN | SELL | 2008-10-03 | $4.4M | — | Filing → |