Energy Capital Partners II (Summit Co-Invest), LP, 10% Owner at Summit Midstream Partners, LP (SMLP), bought 267,650 shares at $16.86 ($4.4M) on 2016-01-14, disclosed to the SEC on 2016-01-19.
Scheduled purchase ($4.4M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $16.86 | 104,912 | $1.8M | 40.5% |
| 2 | $16.30 | 55,762 | $909K | 20.8% |
| 3 | $15.09 | 21,787 | $329K | 7.5% |
| 4 | $15.94 | 85,189 | $1.4M | 31.1% |
| Total | $16.31 avg | 267,650 | $4.4M | 100% |
| Filing → |
| SMLP | BUY | 2016-03-02 | $11.9M | — | Filing → |
| SMLP | BUY | 2016-02-23 | $5.2M | — | Filing → |
| SMLP | BUY | 2016-02-09 | $9.0M | — | Filing → |