The Dow Jones U. On Monday, Charles Cobb Jr. Cobb now beneficially owns , shares. But Cobb's "timing proved very good" in light of initial holdings disclosed by two heavy hitters. WCI builds luxury homes and condominiums, mainly in Florida.
On Monday, Charles Cobb Jr. Cobb's only other open-market purchase took place a year ago.
Cobb MRVL Stock Options beneficially ownsshares. There are He previously served as a U. Bush and as undersecretary and assistant secretary at the U. Department of Commerce under the Reagan administration.
Ben Silverman, director of research at InsiderScore. But Cobb's "timing proved very good" in light of initial holdings disclosed by two heavy hitters.
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The Dow Jones U. As of Sept. The foundation has earned an average return of 8.
Icahn Management acquired 1. WCI builds luxury homes and condominiums, mainly in Florida. In its third-quarter report on Nov. So, on one side, Cobb and the two large investors are siding with the company's outlook while "on the other side you have [sell-side] analysts who are extremely bearish on the name," says Silverman.
Basswood Partners, a value-oriented hedge fund based in New York, last month disclosed a 5. Basswood has sent two unreturned requests to WCI seeking a board seat. Undaunted, the fund said it may seek to push for operational changes or a sale of the company.