Blackstone Shares Rally 1.66% on Insider Buying and Energy Data Acquisition as $870M Volume Ranks 115th in Market Activity

On August 13, 2025, Blackstone (BX) shares rose 1.66% to close at $170.61, with a trading volume of $870 million, ranking 115th in market activity. The move followed insider transactions and strategic corporate developments linked to the firm’s recent acquisitions.

Ruth Porat, a director of Blackstone, executed three purchases of BX shares totaling approximately 274 shares via dividend reinvestment on August 11, 2025. The transactions included 78.587 shares at $169.72, 143.4212 shares at $170.61, and 52.391 shares at $169.72. Post-transaction holdings totaled 38,609.164 direct shares and 8,685.065 indirect shares through a family partnership. The purchases were disclosed in a standard Form 4 filing, with no additional governance actions reported.

Blackstone’s recent acquisition of Enverus, a data analytics platform, was finalized in August 2025. The deal, announced on August 6, positions the firm to expand its energy intelligence capabilities. Enverus had previously published a report on repowering retired coal plants, highlighting strategic opportunities for clean energy deployment. The report emphasized leveraging existing infrastructure to accelerate low-carbon power generation, aligning with Blackstone’s long-term investment themes.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 delivered a compound annual growth rate of 6.98%. However, the approach experienced a maximum drawdown of 15.46% in mid-2023, underscoring the volatility inherent in volume-driven trading strategies.