Saba Capital Management, L.P. sold $6.6M of FMN
owner at Federated Hermes Premier Municipal Income Fund. 523,323 shares at an average of $12.67, traded Oct 14, 2024, filed Oct 15, 2024.
Score components
- +12Role10% owner
- +25Trade size$6.6M at market
- +10Share of holdings soldSold 32% of holdings
- +8Cluster2 insiders selling within 14 days
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001510281-24-000528, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Oct 14, 2024 | SOpen-market sale Common Stockindirect: - | -523,323 | $12.67 | $6.6M | 1,111,886 | Oct 15, 2024 |
Related signals
Other insiders at Federated Hermes Premier Municipal Income Fund and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 22Weak | FMNbuy Federated Hermes Premier Municipal Income Fund | Bank Of America Corp /de/ owner | $56k 4,007 shares | - | |
| 39Weak | FMNsell Federated Hermes Premier Municipal Income Fund | Bank Of America Corp /de/ owner | $55k 4,007 shares | -267% | |
| 28Weak | FMNsell Federated Hermes Premier Municipal Income Fund | Thomas R Donahue other | $4,278 380 shares | -100% | |
| 36Weak | Federated Hermes Premier Municipal Income Fund | Thomas R Donahue other | $14k 1,068 shares | -74% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.