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Stock impact report

Phillips 66 Insiders Added US$1.24m Of Stock To Their Holdings [Yahoo! Finance]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. In the last twelve months, the biggest single purchase by an insider was when Independent Director Gregory Hayes bought US$1.0m worth of shares at a price of US$120 per share. That implies that an insider found the current price of US$128 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Phillips 66 share holders is that insiders were buyin Show less Read more
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