ValueAct SmallCap Master Fund, L.P. insider trades: Steinway Musical Instruments (LVB) stock buys and sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where ValueAct SmallCap Master Fund, L.P. reports to the SEC
Open-market buys and sales
32 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Jun 2, 2011 | LVB | ↑ Buy | 109,398 | $56.00 | $6.1M | Indirect | Jun 3, 2011 (1d) |
| Jul 1, 2010 | BBND | ↑ Buy | 2,375 | $2.90 | $7K | Indirect | Jul 6, 2010 (5d) |
| Jun 29, 2010 | BBND | ↑ Buy | 131,220 | $2.88 | $378K | Indirect | Jun 30, 2010 (1d) |
| Jun 25, 2010 | BBND | ↑ Buy | 633,477 | $2.90 | $1.8M | Indirect | Jun 25, 2010 (0d) |
| Jun 22, 2010 | BBND | ↑ Buy | 556,755 | $2.90 | $1.6M | Indirect | Jun 23, 2010 (1d) |
| Jun 18, 2010 | BBND | ↑ Buy | 145,696 | $2.88 | $420K | Indirect | Jun 18, 2010 (0d) |
| Jun 14, 2010 | BBND | ↑ Buy | 7,996 | $2.85 | $23K | Indirect | Jun 14, 2010 (0d) |
| Jun 3, 2010 | BBND | ↑ Buy | 48,855 | $2.85 | $139K | Indirect | Jun 4, 2010 (1d) |
| Jun 1, 2010 | BBND | ↑ Buy | 157,453 | $2.85 | $448K | Indirect | Jun 1, 2010 (0d) |
| May 26, 2010 | BBND | ↑ Buy | 352,313 | $2.84 | $999K | Indirect | May 26, 2010 (0d) |
| May 21, 2010 | BBND | ↑ Buy | 467,264 | $2.82 | $1.3M | Indirect | May 21, 2010 (0d) |
| May 19, 2010 | BBND | ↑ Buy | 30,872 | $2.85 | $88K | See fotnotes | May 21, 2010 (2d) |
| May 18, 2010 | BBND | ↑ Buy | 74,151 | $2.85 | $211K | Indirect | May 18, 2010 (0d) |
| May 13, 2010 | BBND | ↑ Buy | 234,355 | $2.83 | $664K | Indirect | May 13, 2010 (0d) |
| Oct 22, 2009 | BWY | ↓ Sell | 233,644 | $17.61 | $4.1M | Indirect | Oct 26, 2009 (4d) |
| Oct 21, 2009 | BWY | ↓ Sell | 60,000 | $18.77 | $1.1M | Indirect | Oct 21, 2009 (0d) |
| Oct 16, 2009 | BWY | ↓ Sell | 60,000 | $19.61 | $1.2M | Indirect | Oct 16, 2009 (0d) |
| Oct 13, 2009 | BWY | ↓ Sell | 60,000 | $19.61 | $1.2M | Indirect | Oct 13, 2009 (0d) |
| Oct 8, 2009 | BWY | ↓ Sell | 69,811 | $19.39 | $1.4M | Indirect | Oct 8, 2009 (0d) |
| Sep 21, 2009 | BWY | ↓ Sell | 40,100 | $18.79 | $754K | Indirect | Sep 21, 2009 (0d) |
| Sep 16, 2009 | BWY | ↓ Sell | 60,000 | $18.41 | $1.1M | Indirect | Sep 16, 2009 (0d) |
| Sep 11, 2009 | BWY | ↓ Sell | 60,000 | $17.27 | $1.0M | Indirect | Sep 11, 2009 (0d) |
| Sep 8, 2009 | BWY | ↓ Sell | 60,000 | $16.31 | $978K | Indirect | Sep 8, 2009 (0d) |
| Sep 2, 2009 | BWY | ↓ Sell | 60,000 | $15.94 | $956K | Indirect | Sep 2, 2009 (0d) |
| Aug 28, 2009 | BWY | ↓ Sell | 60,000 | $16.02 | $961K | Indirect | Aug 28, 2009 (0d) |
| Aug 25, 2009 | BWY | ↓ Sell | 40,000 | $16.44 | $658K | Indirect | Aug 26, 2009 (1d) |
| Aug 21, 2009 | BWY | ↓ Sell | 60,000 | $15.98 | $959K | Indirect | Aug 21, 2009 (0d) |
| Aug 18, 2009 | BWY | ↓ Sell | 45,761 | $15.33 | $702K | Indirect | Aug 18, 2009 (0d) |
| Aug 13, 2009 | BWY | ↓ Sell | 60,000 | $16.02 | $961K | Indirect | Aug 13, 2009 (0d) |
| Aug 10, 2009 | BWY | ↓ Sell | 194,104 | $16.15 | $3.1M | Indirect | Aug 10, 2009 (0d) |
| Jul 1, 2009 | BWY | ↓ Sell | 35,474 | $17.96 | $637K | Indirect | Jul 1, 2009 (0d) |
| Jun 11, 2009 | BWY | ↓ Sell | 226,848 | $16.69 | $3.8M | Indirect | Jun 11, 2009 (0d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About ValueAct SmallCap Master Fund, L.P.'s insider trades
ValueAct SmallCap Master Fund, L.P. is a director at Steinway Musical Instruments (LVB). Since Jun 11, 2009, it has reported 14 open-market purchases worth $14.3M and 18 sales worth $25.6M on SEC Form 4. There have been no open-market trades in the last 12 months.
Its filings also include grants and awards (6 filings), other transactions (4 filings), 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 LVB insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.