Energy Capital Partners Ii, LLC, Director, 10% Owner at Summit Midstream Partners, LP (SMLP), bought 209,082 shares at $14.58 ($3.2M) on 2016-01-20, disclosed to the SEC on 2016-01-22.
Scheduled purchase ($3.2M) by Director, 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 | $14.58 | 57,614 | $840K | 26.6% |
| 2 | $14.71 | 76,075 | $1.1M | 35.5% |
| 3 | $15.12 | 30,901 | $467K | 14.8% |
| 4 | $16.39 | 44,492 | $729K | 23.1% |
| Total | $15.09 avg | 209,082 | $3.2M | 100% |
| Filing → |
| SMLP | BUY | 2016-01-04 | $2.7M | — | Filing → |
| SMLP | BUY | 2015-12-17 | $1.2M | — | Filing → |