Silver Point Capital Extends Accumulation with $511K More in Studio City ADS
MSC sits 23% above its 52-week low of $0.753 on elevated volume (2.5× avg).
Summary
Silver Point Capital and affiliated directors bought $511K more of Studio City ADS at $0.80-$0.88, extending a multi-day accumulation that began September 28.
Key Events · Ownership and Investor Activity · MSC
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Silver Point Buys $511K More ADS
Silver Point Capital and affiliated directors acquired 620,000 ADS for $511,030 at $0.80-$0.88 across September 28-30, 2026.
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Stake Rises to 30.3M ADS
Post-transaction holdings reached 30,347,463 ADS, up from 29,727,463 ADS before this purchase.
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Extends Prior Accumulation
Follows a $978K purchase disclosed on September 28, 2026, confirming a multi-day buying pattern by the firm's largest holder.
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Buying Near 52-Week Low
Purchases occurred at $0.80-$0.88, below the current price of $0.92, amid a Q2 revenue decline and recent director death.
Analysis · MSC · Real Estate & Construction
Silver Point Capital and affiliated directors Edward A. Mule and Robert J. O'Shea acquired an additional 620,000 American Depositary Shares for $511,030 at prices between $0.80 and $0.88 across September 28-30, lifting their combined stake to 30,347,463 ADS. This follows a $978K purchase disclosed just two days earlier, confirming a deliberate accumulation by the firm's largest holder. The buying comes as Studio City trades near $0.92, well below its 52-week range, and after a Q2 revenue decline and the death of an independent director. The continued insider buying is a meaningful vote of confidence in the company's recovery prospects.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1609 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MSC was trading at $0.92 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $179.1M. The 52-week trading range was $0.75 to $6.63. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.