CVX Chevron

[rapidacid]

http://www.streetinsider.com/Hot+Insider...55100.html

Quote:After the close, Chevron (NYSE: CVX) Director John Stumpf, disclosed the purchase of 180,000 shares of common stock made on 05/11/15 at an average price of $108.10. Stumpf is the CEO of Wells Fargo (NYSE: WFC). He has been a director at Chevron since 2010.

The transaction value of the purchase is a staggering $19.46 million and comes with the stock down 14% over the last 12-months on plunging oil prices worldwide.

The purchase was massive compared to his prior direct share stake of just 1,885. He also owns 18,208 shares indirectly through a Family Trust. Following the recent purchase, Stumpf now own a total of 200,093 shares of Chevron.