Director Bobbili Raja reported a significant purchase of ContextLogic Holdings Inc. common stock on February 26, 2026. The reported transaction shows acquisition of 1,758,794 shares at $7.00 per share, producing a reported transaction value of $12,311,558.
After the trade, Raja's indirect stake in ContextLogic increased to 18,269,534 shares. Those holdings are held through multiple entities: Abrams Capital Partners I, L.P.; Abrams Capital Partners II, L.P.; Riva Capital Partners V, L.P.; and Riva Capital Partners VI, L.P.
Market data in the report indicates ContextLogic's common stock is trading at $7.98 and the company's market capitalization is $215 million. The filing and market figures were accompanied by an external data note that described the stock's price behavior as notably volatile.
Separately, the material highlights that ContextLogic's next scheduled earnings report is due March 6. The same data service referenced in the disclosure also advertises additional analytical tools and commentary available to subscribers, including seven supplemental ProTips and a Pro Research Report with deeper analysis.
The public filing records the transaction date, the number of shares purchased, the per-share price paid, and the total dollar amount for the purchase. It also lists the investment vehicles through which the director's indirect ownership is held.
This filing does not provide further commentary on the purpose of the purchase, future plans for additional transactions, or any additional corporate decisions tied to the stake. The external note on volatility and the upcoming earnings date are presented as points of information rather than as forecasts or predictions.
Data summary
- Transaction date: February 26, 2026
- Shares purchased: 1,758,794
- Purchase price: $7.00 per share
- Transaction value: $12,311,558
- Post-transaction indirect ownership: 18,269,534 shares
- Entities holding shares: Abrams Capital Partners I, L.P.; Abrams Capital Partners II, L.P.; Riva Capital Partners V, L.P.; Riva Capital Partners VI, L.P.
- Current trading price reported: $7.98
- Market capitalization reported: $215 million
- Next earnings report date noted: March 6