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EdgarHawk

OIA Invesco Municipal Income Opportunities Trust Insider Trading

1 filing analyzed · Latest 2024-12-13
Insider buys
1
Insider sells
0
Unique insiders
1
Direction
Net buying
December 2024
2024-12-13
low
3,836 shares
$29,567
@ $7.71
Significance 4/10

10% Owner Bank of America net buys 1,116 shares of OIA; 6 purchases of 3,836 shares offset by 24 sales of 2,720 shares across 2017–2019.

Bank of America, as a 10% owner, executed 6 purchases totaling 3,836 shares for $29,566.87 and 24 sales totaling 2,720 shares for $21,059.90 across transactions filed in December 2017 through July 2019, resulting in a net position gain of 1,116 shares. The trading pattern shows opportunistic activity concentrated in two windows: late December 2017 (five purchases at prices ranging from $8.00–$8.08, with one offsetting sale at $8.01) and July 2019 (one large purchase of 3,316 shares at $7.66 immediately followed by 18 sales spanning July 8–9 at prices near $7.65–$7.66). The current price of $6.32 is 9.2% below the 52-week high and represents a decline from the transaction prices in both periods, providing no ex-post validation of purchase timing. This filing documents multiple discrete transactions rather than a single coordinated move, and the concentration of sales immediately after the large 2019 purchase suggests mechanical execution rather than a sustained accumulation signal.

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