Date archive for February 1st, 2012
Insider Transactions – January 31, 2012
Notable Insider Buys:
1. Hess Corporation (HES): $56.3
Chairman of the Board and CEO John B. Hess acquired 91,250 shares of this integrated energy company, paying $54.79 per share for a total amount of $4.9 million. Mr. Hess increased his stake by 29.40% to 401,588 shares with this purchase.
This was a sizable purchase and follows a $10 million purchase by Mr. Hess in September. We wrote the following about that purchase, “This is an interesting purchase because Hess used to show up on my radar because of the large insider sales by Mr. Hess when ...
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