$PAGP.US ranked positive on October 2nd, 2023

Smart Insider $PAGP.US ranked positive on October 2nd, 2023

$PAGP.US ranked positive on October 2nd, 2023

Plains Gp Holdings Lp (+1, PAGP US, October 2nd)

Willie Chiang (CEO and Chair since 2020, joined 2015) purchased $1 million worth of stock on September 28th at $16.24, increasing his holdings by +20% to 378,704 shares. We ranked this stock +N in May based on a similar size purchase from him at $13.25, that signal expired at the end of August after a gain of +20%. It is interesting to see him make another large purchase and at a higher price point.Ā 

HisĀ track record prior to 2023 is mixed, partly hurt by the early 2020 COVID-related-decline, but he did average down inĀ March 2020 at $5.50.Ā 

We are ranking the stock +1.

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