Back to all trades

DMA - Destra Multi-Alternative Fund

Insider Purchase by Saba Capital Management, L.P. (10%)

Trade Summary

5 months ago, Saba Capital Management, L.P., serving as 10% owner at Destra Multi-Alternative Fund (DMA), purchased 138,416 shares at $8.56 per share, for a total transaction value of $1,185,503.00. Following this transaction, Saba Capital Management, L.P. now holds 2,096,470 shares of DMA.

This purchase represents a 7.00% increase in Saba Capital Management, L.P.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, July 28, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, July 30, 2025, 2 days after the trade was made.

Destra Multi-Alternative Fund operates in the FINANCIAL SERVICES sector, specifically within the ASSET MANAGEMENT industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Trade Price

$8.56

Quantity

138,416

Total Value

$1,185,503.00

Shares Owned

2,096,470

Trade Date

Monday, July 28, 2025

156 days ago

SEC Filing Date

Wednesday, July 30, 2025

Filed 2 days after trade

FINANCIAL SERVICESASSET MANAGEMENT
Stock Price (After Trade)
Stock Price (Before Trade)

Loading data...

About Destra Multi-Alternative Fund

Company Overview

No company information available
View news mentioning DMA

💬 Want Deeper Insight?

Use our AI assistant to ask questions about this trade, the insider, or the company.

Chat with AI

Share this trade

https://insidersignal.ai/trade/92027

🚀 Track Insider Trades in Real-Time

Create a free account to access our full database of insider trades, AI-powered analysis, price alerts, and discover what corporate executives are buying and selling.

✓ Free forever plan available  •  ✓ No credit card required  •  ✓ Cancel anytime