Ruth Porat, an insider at Blackstone Inc (BX), purchased 38,870 shares of the company on November 9, 2025, at a price of $143.40 per share, totaling $5.57 million. Following this transaction, Porat holds 38,870 shares of Blackstone.
This move underscores the trend of insider buying, which can indicate confidence in a company's future. Blackstone, a leading provider of investment and fund management services, has a market capitalization of $168.6 billion and an impressive P/E ratio of 62.26. The company focuses on various asset management strategies, including private equity, real estate, and credit.
Insider transactions are reported to the SEC, offering transparency into executives' views on their company's stock. While a single insider purchase can be informative, investors should consider broader patterns across multiple insiders and timeframes for a more comprehensive analysis.
Blackstone is set to report its upcoming earnings on April 14, 2026, with an EPS estimate of $1.47 and revenue expected to reach $3.7 billion.