Tuesday, January 02, 2018 10:15 PM ET
Cheniere Energy Partners (CQP) sees Significant Insider Buying Extending the Trend of Last 90 Days
Three insiders — Blackstone Group Lp, 10% Owner, Gso Holdings I Llc, 10% Owner, and Blackstone Cqp Common Holdco Lp, 10% Owner — bought 1,379,469 shares of Cheniere Energy Partners having a market value of approximately $40,778,222 today, as reflected in form 4 documents filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the acquisition of 1,360,153 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 2,739,622 shares and have averaged 391,375 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at Cheniere Energy Partners is above the 51-company peer group average. Oil & Gas Transportation Services peer group saw 54 buy/sell trades during this period for an average of 1.1 transactions per company. The number of shares per buy/sell trade for Cheniere Energy Partners insiders was also higher. Within the peer group there were 1,844,393 shares purchased and 497,356 shares sold with company insiders purchasing 42,095 shares on average.
The data sourced in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Today’s Insider Activity
* Blackstone Group Lp, 10% Owner, bought 459,823 shares
* Gso Holdings I Llc, 10% Owner, bought 459,823 shares
* Blackstone Cqp Common Holdco Lp, 10% Owner, bought 459,823 shares
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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