Michael J Burry insider trades: Federal Services Acquisition (FDSAU.OB) stock buys and sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Michael reports to the SEC
Open-market buys and sales
3 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Aug 21, 2006 | FDSAU.OB | ↓ Sell | 2,000,000 | $5.37 | $10.7M | Direct | Aug 24, 2006 (3d) |
| Jun 19, 2006 | FDSAU.OB | ↓ Sell | 355,000 | $5.47 | $1.9M | Direct | Jun 20, 2006 (1d) |
| Jan 12, 2006 | MXM | ↑ Buy | 6,100 | $35.05 | $214K | Through managed funds | Jan 17, 2006 (5d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Michael J Burry's insider trades
Michael J Burry is a 10% owner of Federal Services Acquisition (FDSAU.OB). Since Jan 12, 2006, Michael has reported 1 open-market purchase worth $214K and 2 sales worth $12.7M on SEC Form 4. There have been no open-market trades in the last 12 months.
Their filings also include other transactions (1 filing), shares returned to the company (1 filing). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every FDSAU.OB insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.