Salient Midstream & MLP Fund (SMM) is a publicly traded company in the Unknown sector. Across all available filings, 5 corporate insiders have executed 97 transactions totaling $19.5M, demonstrating a bullish sentiment with $18.0M in net insider flow. The most recent transaction on Aug 12, 2022 involved a purchase of 15,687 shares valued at $138.8K.
No significant insider buying has been recorded for SMM in the recent period.
No significant insider selling has been recorded for SMM in the recent period.
Based on recent SEC filings, insider sentiment for SMM is bullish with an Insider Alignment Score of 96/100 and a net flow of $18.0M. Insiders are accumulating shares, which historically signals confidence in the company's future performance.
Insider trading at Salient Midstream & MLP Fund (SMM) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 5 insiders are actively trading SMM stock, having executed 97 transactions in the past 90 days. The most active insider is Capital Management, L.p. Saba (Executive), who has made 41 transactions totaling $9.6M.
Get notified when executives and directors at SMM file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Aug 12, 2022 | Weinstein Boaz | Executive | Purchase | 15,687 | $8.85 | $138.8K | |
| Jun 14, 2022 | Weinstein Boaz | Executive | Purchase | 807 | $7.76 | $6.3K | |
| Jun 13, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 5,094 | $7.96 | $40.5K | |
| Jun 9, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 4,406 | $8.83 | $38.9K | |
| Jun 8, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 86,538 | $8.91 | $771.1K | Large |
| Jun 7, 2022 | Weinstein Boaz | Executive | Purchase | 26,129 | $8.84 | $231.0K | |
| Jun 6, 2022 | Weinstein Boaz | Executive | Purchase | 7,595 | $8.77 | $66.6K | |
| Jun 3, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 18,535 | $8.77 | $162.6K | |
| Jun 2, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 51,163 | $8.73 | $446.7K | |
| Jun 1, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 8,100 | $8.57 | $69.4K | |
| May 31, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 64,125 | $8.62 | $552.8K | Large |
| May 27, 2022 | Weinstein Boaz | Executive | Award | 11 | $8.55 | $94 | |
| May 27, 2022 | Weinstein Boaz | Executive | Purchase | 47,080 | $8.61 | $405.4K | |
| May 26, 2022 | Weinstein Boaz | Executive | Purchase | 129,111 | $8.48 | $1.1M | Large |
| May 5, 2022 | Management, L.p. Saba Capital | Executive | Purchase | 20,000 | $8.35 | $167.0K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Purchase(P) | 90 | $18.8M | 96.1% |
Sale(S) | 5 | $739.0K | 3.8% |
Award(A) | 2 | $14.4K | 0.1% |
Insiders at Salient Midstream & MLP Fund are accumulating shares at an accelerated pace. With 5 insiders making 97 transactions totaling $18.8M in purchases versus $739.0K in sales, the net buying activity of $18.0M signals strong executive confidence. Capital Management, L.p. Saba (Executive) leads the buying activity with $9.6M in transactions across all time.