The EVP of Phillips 66 is Exercising Options

Yesterday it was reported that the EVP of Phillips 66 (PSX), Robert Herman, exercised options to sell 47,433 PSX shares at $32.03 a share, for a total transaction value of $4.89M.

Following Robert Herman’s last PSX Sell transaction on November 30, 2016, the stock climbed by 27.5%.

See today’s analyst top recommended stocks >>

The company has a one-year high of $119.14 and a one-year low of $78.44. PSX’s market cap is $46.14B and the company has a P/E ratio of 8.99.

Robert Herman’s trades have generated a -8.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining and Marketing & Specialties.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts