Director Mullins purchases shares in NXG as part of four-insider buying cluster; stock near 52-week highs with consistent prior buy outperformance.
Andrea Mullins, a director of NXG NextGen Infrastructure Income Fund, purchased shares at a modest discount to the 52-week high in early May, adding meaningfully to her position. What makes this filing noteworthy is the company context: this purchase is one of four insider acquisitions within a two-week window, suggesting broad appetite among board members at current valuations. Mullins herself has a clean track record at this stock—all three of her prior purchases over the past two years were followed by gains, with the stock rising substantially in both near and longer-term periods. The current buy, combined with her track record of well-timed entries and the presence of multiple other insiders buying simultaneously, indicates renewed confidence at this price level despite the shares already trading near their 52-week high.