NXG Adviser Control Person Swank Buys 10,000 Shares for $439,493 Near 52-Week Low
NXG is trading near its 52-week low of $42.8 (3.8% above the low).
Summary
An officer and control person of NXG's investment adviser bought 10,000 shares for $439,493 at a weighted average of $43.95, lifting his direct stake to 55,200 shares. The large open-market purchase comes with the stock near its 52-week low.
Key Events · Ownership and Investor Activity · NXG
-
Adviser Control Person Buys 10,000 Shares
Jerry V. Swank bought 10,000 common shares on 2026-10-23 at a weighted average of $43.9493 (range $43.48-$44.00), for total consideration of $439,493.
-
Stake Rises to 55,200 Shares
The purchase lifted his direct holdings to 55,200 shares, all directly owned.
-
Largest Insider Buy in Recent Record
At $439,493, the buy is roughly ten times the CFO's 900-share, $39,582 purchase reported the same day and follows the portfolio manager's 1,000-share, $46,500 buy on 2026-10-20.
-
Insiders Net Buyers Over 90 Days
Open-market purchases of $86,082 against $27,622 of sales across three active insiders, with this filing part of a three-filing pattern since 2026-08-25.
Analysis · NXG · Unknown
Jerry V. Swank, an officer and control person of the fund's investment adviser, put $439,493 of his own money into 10,000 shares at a weighted average of $43.95. That is about ten times the size of the CFO's 900-share purchase reported the same day and the largest insider buy in the recent record. With the stock near its 52-week low of $42.80, the purchase reads as conviction at a depressed price rather than routine compensation activity. It also extends a pattern: three Form 4s in 90 days, with open-market buys of $86,082 against $27,622 of sales, so insiders are net accumulators.
How filings like this one have moved
In the 30 days to Oct 23, 2026, 29.2% of the 1549 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.17%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NXG was trading at $44.41 on NYSE in the Unknown sector, with a market capitalization of approximately $253.9M. The 52-week trading range was $42.80 to $65.78. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.