4Filed Aug 3, 8:00 PM ET

Altisource (ASPS) 10% Owner Benefit Street Partners Buys Shares

$ASPS · ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Research Summary

AI-generated summary of this SEC filing

Updated

Altisource (ASPS) 10% Owner Benefit Street Partners Buys Shares

What Happened

  • Benefit Street Partners LLC, a reported 10% owner of Altisource Portfolio Solutions S.A. (ASPS), made open-market purchases of ASPS common stock. The firm acquired 1,009 shares on 2026-07-31 at a weighted average price of $5.43 (≈ $5,482) and 48,991 shares on 2026-08-03 at a weighted average price of $5.78 (≈ $282,972), for a combined 50,000 shares totaling roughly $288,454. These were purchases (transaction code P), which are purchases of stock rather than sales.

Key Details

  • Transaction dates and prices:
    • 2026-07-31: 1,009 shares at weighted avg $5.43 (range reported $5.285–$5.50) — ~$5,482.
    • 2026-08-03: 48,991 shares at weighted avg $5.78 (range reported $5.57–$5.89) — ~$282,972.
  • Total moved: 50,000 shares for ~ $288,454.
  • Shares owned after transaction: Not specified in the excerpt of the filing.
  • Footnotes: Both purchases use weighted average prices with disclosed price ranges (see F1 and F2); BSP offers to provide a breakdown of purchases by price upon request to Altisource, shareholders, or the SEC.
  • Filing timeliness: Report filed 2026-08-04 and lists the two transactions; the filing does not indicate a late-report flag.

Context

  • Benefit Street Partners is an institutional 10% owner, not an individual company insider. Institutional purchases can signal portfolio positioning but are different from executive insider trading.
  • These were straightforward open-market buys (P). There were no option exercises, awards, gifts, or tax-withholding events reported in this filing.