Director William C Montgomery buys 16,000 shares of EPD at $31.55 in open-market transaction
Montgomery purchased 16,000 shares at $31.55 on 2025-07-30, increasing his holdings from 120,920 to 136,920 shares (+13.2% net change). The purchase occurred 8.6% below the 52-week high of $34.43, yet above the 52-week low of $27.88, and the stock has gained 1.4% over the prior 30 days and 5.3% over 90 days. His cross-ticker track record shows 1 prior buy with an average 90-day return of -0.9%, and his one prior transaction at EPD (a buy on 2023-08-04) also yielded a negative 90-day return of -0.9%, establishing a pattern where his prior purchases did not lead to near-term gains. EPD itself trades at a P/E of 11.70 with $15.4B in quarterly revenue and 13.1% annual revenue growth, offering modest valuation context but not clarifying his purchase motivation. The transaction appears discretionary and merits monitoring given the insider's historical failure to time purchases well at this security.