Energy Capital Partners Ii-a, L.P., 10% Owner at Summit Midstream Partners, LP (SMLP), bought 296,142 shares at $17.02 ($5.1M) on 2016-01-12, disclosed to the SEC on 2016-01-13.
Scheduled purchase ($5.1M) 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 | $17.49 | 98,627 | $1.7M | 33.9% |
| 2 | $18.29 | 9,122 | $167K | 3.3% |
| 3 | $17.02 | 81,114 | $1.4M | 27.2% |
| 4 | $16.87 | 107,279 | $1.8M | 35.6% |
| Total | $17.16 avg | 296,142 | $5.1M | 100% |
| Filing → |
| SMLP | BUY | 2016-03-07 | $12.4M | — | Filing → |
| SMLP | BUY | 2016-02-12 | $6.5M | — | Filing → |
| SMLP | BUY | 2016-01-11 | $2.4M | — | Filing → |