Enterprise Products Partners LP (+1, EPD US, August 8th)
William Montgomery (Non-Executive Director since 2015) purchased 50,000 shares on August 4th at US$ 26.60, spending US$1.3 million. This is only his first purchase since 2016, and only his 3rd ever in these shares. It is also his largest purchase, increases his holdings by 77%, and the highest price he has paid for stock.
His previous two buys were for 10,000 shares at $19.69 February 2016 and at $21.25 in December 2015, both proved to be very timely. He is a Partner of Quantum Energy Partners and was previously a Partner at Goldman Sachs. The company published its Q2 results on August 1st.
We are ranking stock +1.
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