CRONIN DANIEL P purchased ~$34K in ClearBridge MLP and Midstream Fund Inc stock
ClearBridge MLP and Midstream Fund Inc (CEM) · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
90-day return
+30.1%vs SPY +29.3%
Trade Details · Public SEC Filing
Insider
CRONIN DANIEL P
Role
—
Transaction
Open-Market Purchase
Approx. Value
~$34K
Trade Date
Mar 12, 2020
Company
ClearBridge MLP and Midstream Fund Inc
Ticker
CEMSource
SEC EDGAR Form 4
Why This Trade Stands Out
Strong conviction signal
Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.
~$34K purchase
A personal investment by a corporate insider. Even smaller trades can be meaningful when combined with other factors like timing and role.
2 insiders traded in the same window
When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.
+30.1% in 90 days (S&P 500: +29.3%)
This trade beat the S&P 500 by 0.7 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.
How good is CRONIN DANIEL P at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
CRONIN DANIEL P wasn't the only one buying.
2 insiders at ClearBridge MLP and Midstream Fund Inc traded within the same 30-day window.
See who else bought · FreeOn March 12, 2020, CRONIN DANIEL P — a corporate insider at ClearBridge MLP and Midstream Fund Inc — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$34K in ClearBridge MLP and Midstream Fund Inc (CEM) stock.
This transaction was part of a cluster — 2 insiders at ClearBridge MLP and Midstream Fund Inc made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
In the 90 days following this trade, CEM returned +30.1% versus +29.3% for the S&P 500 over the same period.
VeritySignals Conviction Analysis
Full Conviction Analysis
Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.
Get notified the next time CRONIN DANIEL P trades
Free alerts · No credit card · Instant notification
All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More CEM Insider Activity
Saba Capital Management, L.P.
Dec 1, 2023
~$2.1M
VS
Saba Capital Management, L.P.
Nov 1, 2023
~$12M
VS
Saba Capital Management, L.P.
Oct 2, 2023
~$4.6M
VS
Saba Capital Management, L.P.
Aug 17, 2023
~$1.3M
VS
How to Read Insider Trades
What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
Never miss a signal
Get notified when high-conviction insiders buy. Free account, no credit card.
Sign up free