As of the time of the proxy filing, in February of this year — Unterberg Capital entities held 2,179,103 shares of Mattersight. That was up a bit from earlier filings, on an absolute number of shares held basis.
And… that was, at the time, about 6.7 per cent of the company.
As of August 8, 2017, Unterberg and its affiliates had filed a Schedule 13F, in which it was disclosed that they then only owned 627,100 shares, or about two thirds less than at year end, 2017.
Did Mr. Singer buy most of those shares?
No way to know. Now Unterberg is below 5 per cent. It goes… dark. [Regular readers will recall that Unterberg assumed the old Diker Management stake, as the graphic indicates, as of year end 2015.]
But $2.00 looks rich for this company, at this juncture.