JFL CAPITAL MANAGEMENT, LLC purchased 7.3% of their position (50.29K shares) of MERRIMACK PHARMACEUTICALS INC on the open market
Open‑market purchase worth $297.9K — a moderate purchase. The strongest form of insider conviction signal.
P · 6 purchases
Filed: 7/2/2019ACC: 0000921895-19-001955
10% OwnerOther
Since Mar 2019
+50.29K
Net shares
Net buyer
$297.9K
Total acquired
6
Open market trades
6B · 0S
6
Total transactions
50.29K acquired
Non-Derivative Transactions6
Common Stock
Indirect
Shares
+9.66K
Price / share
$5.95
Trade value
$57.44K
% of position
2.0%
6/28/2019
489.53K→499.19K
Common Stock
Indirect
Shares
+13.90K
Price / share
$5.95
Trade value
$82.65K
% of position
2.0%
6/28/2019
710.01K→723.91K
Common Stock
Indirect
Shares
+3.93K
Price / share
$6.00
Trade value
$23.62K
% of position
0.8%
7/1/2019
499.19K→503.13K
Common Stock
Indirect
Shares
+5.66K
Price / share
$6.00
Trade value
$33.97K
% of position
0.8%
7/1/2019
723.91K→729.57K
Common Stock
Indirect
Shares
+7.02K
Price / share
$5.85
Trade value
$41.08K
% of position
1.4%
7/2/2019
503.13K→510.15K
Common Stock
Indirect
Shares
+10.11K
Price / share
$5.85
Trade value
$59.11K
% of position
1.4%
7/2/2019
729.57K→739.68K
Total
Net shares
+50.29K
Net value
$297.86K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 6/28/2019 | P · Purchase | +9.66K | $5.95 | $57.44K | 2.0% | 489.53K | 499.19K |
| Common Stock Indirect | 6/28/2019 | P · Purchase | +13.90K | $5.95 | $82.65K | 2.0% | 710.01K | 723.91K |
| Common Stock Indirect | 7/1/2019 | P · Purchase | +3.93K | $6.00 | $23.62K | 0.8% | 499.19K | 503.13K |
| Common Stock Indirect | 7/1/2019 | P · Purchase | +5.66K | $6.00 | $33.97K | 0.8% | 723.91K | 729.57K |
| Common Stock Indirect | 7/2/2019 | P · Purchase | +7.02K | $5.85 | $41.08K | 1.4% | 503.13K | 510.15K |
| Common Stock Indirect | 7/2/2019 | P · Purchase | +10.11K | $5.85 | $59.11K | 1.4% | 729.57K | 739.68K |
| Total | +50.29K | $297.86K | ||||||
Derivative Transactions0
No derivative transactions reported