Diego Della Valle, 10% Owner at SAKS INC (SKS), bought 4,750,000 shares at $10.79 ($51.7M) on 2010-10-19, disclosed to the SEC on 2010-10-21.
Open-market purchase of $51.7M SKS 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 | $10.79 | 2,500,000 | $27.0M | 52.1% |
| 2 | $11.01 | 2,250,000 | $24.8M | 47.9% |
| Total | $10.89 avg | 4,750,000 | $51.7M | 100% |