The EVP of Phillips 66 is Exercising Options

Yesterday it was reported that the EVP of Phillips 66 (PSXResearch Report), 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%.

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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.

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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.