Desai Ujjaval

CEO Ujjaval Desai bought 3,162 shares across 3 separate purchases for $43,052.08 as stock trades -39.1% from 52-week high.

Desai executed three separate purchases over four trading days (December 12–16, 2025) at an average price of $13.62, adding 3,162 shares and increasing his total holdings by 4.0% to 81,741 shares. The current price of $13.46 is 39.1% below the 52-week high of $22.11, and the stock has declined 18.0% over the past 30 days and 23.5% over 90 days, suggesting a substantial drawdown from recent valuations. His prior trades at SPMC show mixed near-term results: two October purchases are currently underwater on a 30-day basis (-6.5% and -1.9% respectively), while his June 2024 purchase delivered a 1.2% gain by the 90-day mark. The timing pattern across his same-ticker history shows only 1 of 1 prior measurable 90-day outcomes was positive. This filing records open-market purchases during a period of material price decline, but whether these purchases represent opportunistic accumulation or other motivations cannot be determined from the transaction data alone.

CEO Desai Ujjaval acquired 20,000 shares at $15.50 avg; holdings rise 34.1% to 78,579 shares amid -29.4% 52-week decline.

Desai Ujjaval, CEO of Sound Point Meridian Capital, executed 2 separate purchases totaling 20,000 shares for $310,000.00 on 2025-10-20 and 2025-10-22 at a blended average price of $15.50, increasing his post-transaction holdings to 78,579 shares. The stock is trading -29.4% from its 52-week high of $22.11 and has declined -9.3% over the last 30 days and -12.3% over 90 days, placing the transaction during a period of material price pressure. Ujjaval's prior buy at this ticker on 2024-06-17 achieved a 90-day return of +1.2%, and his cross-ticker track record shows 1 prior buy with 100.0% win rate at the 90-day mark, establishing a pattern of historically well-timed purchases. This filing merits close attention given the significant absolute size ($310,000.00) and percentage increase in executive holdings (+34.1%) during a downturn.

CEO Ujjaval Desai buys 50,001 shares at $20.00 in SPMC IPO; cluster pattern with 2 other insiders buying within 14 days.

CEO Ujjaval Desai purchased 50,001 shares at $20.00 on 2024-06-17, representing an initial stake in Sound Point Meridian Capital, Inc. three days after the company's recent listing. The transaction was substantial at $1,000,020.00. Notably, 2 other insiders also bought within the past 14 days, indicating a coordinated insider acquisition pattern coinciding with the company's market entry. The stock is currently trading at $20.07, only marginally above the CEO's entry price, limiting any meaningful assessment of near-term direction given the extremely recent IPO timing.