JFL CAPITAL MANAGEMENT, LLC purchased 8.2% of their position (37.28K shares) of MERRIMACK PHARMACEUTICALS INC on the open market
Open‑market purchase worth $219.4K — a moderate purchase. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 4/9/2019ACC: 0000921895-19-001055
10% OwnerOther
Since Mar 2019
+37.28K
Net shares
Net buyer
$219.4K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
37.28K acquired
Non-Derivative Transactions3
Common Stock
Indirect
Shares
+26.29K
Price / share
$5.95
Trade value
$156.47K
% of position
3.9%
4/5/2019
677.24K→703.52K
Common Stock
Indirect
Shares
+6.48K
Price / share
$5.73
Trade value
$37.13K
% of position
0.9%
4/8/2019
703.52K→710.01K
Common Stock
Indirect
Shares
+4.51K
Price / share
$5.73
Trade value
$25.80K
% of position
0.9%
4/8/2019
485.03K→489.53K
Total
Net shares
+37.28K
Net value
$219.40K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 4/5/2019 | P · Purchase | +26.29K | $5.95 | $156.47K | 3.9% | 677.24K | 703.52K |
| Common Stock Indirect | 4/8/2019 | P · Purchase | +6.48K | $5.73 | $37.13K | 0.9% | 703.52K | 710.01K |
| Common Stock Indirect | 4/8/2019 | P · Purchase | +4.51K | $5.73 | $25.80K | 0.9% | 485.03K | 489.53K |
| Total | +37.28K | $219.40K | ||||||
Derivative Transactions0
No derivative transactions reported