Von Metzsch Ernst H purchased 20,000 shares of Hess Corp stock, or $916,760 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on May 16, 2012.
After the transaction, Von Metzsch Ernst H's stake was reported as 10,000 shares of Hess Corp stock.
As noted on May 17, 2012, Von Metzsch Ernst H's purchase was done indirectly through "See Note" over 2 transactions on May 16, 2012. The share price ranged from $45.79 to $45.88 according to the regulatory filing detailing the transactions.
If we look over the past 12 months, Von Metzsch Ernst H has sold no shares of Hess Corp stock. Over the same time period, Von Metzsch Ernst H has purchased no shares of Hess Corp stock.
Let's take a quick, high-level look at insider trading at Hess Corp over the past 12 months. A total of 107,605 shares of Hess Corp stock was sold by insiders, totaling $7,011,600. Over the same time 12 month time period, 358,070 shares of Hess Corp, for a total value of $19,747,711 were purchased by company insiders.
To view the complete SEC Filing: Hess Corp Form 4 (Insider Trading) SEC Filing
View the complete filing Form 4 Filing Contact the reporter Jason Zucchetto firstname.lastname@example.org
You have to read the filling it is not necessarily a buy it could be that he is going to sell stock. He exersized options to buy the stock at $1 which most insiders then turn around and sell the stock. I do think the stock is a buy though at these levels. You have to read the filing.