CFO Nelson Blake acquires 222 shares; adds to cluster of 3 insider buys in 14 days and repeats successful buying pattern at this company.
Nelson Blake, the company's CFO and Treasurer, is making his fifth open-market purchase in three years, adding over 200 shares to his holdings and reinforcing a consistent pattern of buying into NXG NextGen Infrastructure Income Fund. This purchase occurs as part of a cluster of three insider acquisitions within a two-week window, suggesting renewed confidence among company leadership. More significantly, Blake's prior purchases at this company have consistently produced positive returns across both near and longer-term horizons, and he's now repeating that behavior at prices approaching the 52-week high—a relatively rare decision for insiders, who typically accumulate during weakness. With the stock up substantially over the past three months and Blake's recent track record at this specific ticker showing well-timed entries, this repeat buy by a CFO in the midst of a broader insider accumulation wave warrants investor attention.
CFO Nelson Blake purchases 326 shares of NXG for $16,518.42 at $50.67, raising holdings 65.2%; his prior NXG buys all posted positive 90d returns.
Nelson Blake, in his capacity as CFO & Treasurer, purchased 326 shares at $50.67 on 2026-01-08, increasing his NXG position from 500 to 826 shares (+65.2%). This represents a material share count increase. Blake's prior trading history at NXG is notably consistent: his three previous purchases at this ticker, dating back to 2023, each generated positive 90-day returns ranging from 6.5% to 9.0%, with 100% of those prior trades posting gains within the 90-day window. The current stock price of $50.99 sits 4.0% below its 52-week high of $53.09, placing this purchase in a recent dip context, though the 30-day and 90-day price momentum remain positive at +2.1% and +2.6% respectively. The alignment of this purchase with Blake's consistent track record of well-timed accumulation at NXG over multiple years merits investor attention.
CFO Nelson Blake purchased 200 NXG shares at $44.92; holdings now 500 shares. Two other insiders also bought within 14 days.
Nelson Blake, CFO & Treasurer, increased his stake in NXG NextGen Infrastructure Income Fund by purchasing 200 shares at $44.92 on 2025-08-20, raising his total holdings from 300 to 500 shares (+66.7%). This transaction arrives amid a cluster pattern: 2 other insiders have also bought NXG within the past 14 days. Historically, Blake's same-ticker purchases at NXG in November 2023 both generated positive returns at both the 30-day and 90-day intervals (90d returns of +8.9% and +9.0%), and his cross-ticker track record across 2 prior open-market buys shows a 100% win rate at the 90-day mark with an average 90d return of +9.0%. The current share price of $46.16 is down 2.2% over 30 days but remains up 0.0% over 90 days from the trade date, with the stock trading 13.6% below its 52-week high of $53.44.
