DPG CEO Grumhaus buys 1,200 shares at $12.77; post-transaction holdings 11,612 shares (+11.5%)
David D Grumhaus Jr., President and CEO, purchased 1,200 shares of Duff & Phelps Utility & Infrastructure Fund Inc. (DPG) at $12.77 on 2025-08-25, increasing his holdings by 11.5% to 11,612 shares. The stock is trading near its 52-week high of $12.78, up 1.5% over the prior 30 days and 4.9% over 90 days. His cross-ticker track record shows 8 prior buys with a 90-day win rate of 71.43%, though at DPG specifically, his timing has been mixed: 1 of 3 prior buys at this ticker delivered positive 90-day returns. The current purchase follows three transactions at this fund since July 2023, most recently on 2024-11-26 with a 90-day loss of -2.4%. Timing at this price level—just 0.1% below the 52-week high—differs materially from his previous DPG entry points and reflects current market conditions rather than a contrarian signal.