After the transaction, Raging Capital Fund (qp), LP's stake was reported as 4,291,505 shares of Vitesse Semiconductor Corp stock.
As noted on December 11, 2012, Raging Capital Fund (qp), LP's purchase was done indirectly through "By Raging Capital Fund, LP" over 2 transactions on December 7, 2012. The share price for the transaction was $1.75 according to the regulatory filing detailing the trade.
If we look over the past 12 months, Raging Capital Fund (qp), LP has sold no shares of Vitesse Semiconductor Corp stock. Over the same time period, Raging Capital Fund (qp), LP has purchased 3,000,000 shares of Vitesse Semiconductor Corp, with a total cost of $5,250,000.
Let's take a quick, high-level look at insider trading at Vitesse Semiconductor Corp over the past 12 months. A total of 4,400 shares of Vitesse Semiconductor Corp stock was sold by insiders, totaling $11,794. Over the same time 12 month time period, 3,384,500 shares of Vitesse Semiconductor Corp, for a total value of $6,090,905 were purchased by company insiders.
To view the complete SEC Filing: Vitesse Semiconductor Corp Form 4 (Insider Trading) SEC Filing
