Chevron Co. (NYSE:CVX) insider James William Johnson sold 4,750 shares of the firm’s stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $112.20, for a total transaction of $532,950.00. Following the completion of the transaction, the insider now directly owns 4,750 shares in the company, valued at approximately $532,950. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

James William Johnson also recently made the following trade(s):

  • On Monday, December 3rd, James William Johnson sold 4,750 shares of Chevron stock. The stock was sold at an average price of $120.92, for a total transaction of $574,370.00.
  • On Thursday, November 29th, James William Johnson sold 9,500 shares of Chevron stock. The stock was sold at an average price of $118.59, for a total transaction of $1,126,605.00.

Shares of Chevron stock traded up $0.56 on Thursday, reaching $111.96. The stock had a trading volume of 4,406,926 shares, compared to its average volume of 5,855,544. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. Chevron Co. has a 1 year low of $100.22 and a 1 year high of $132.67. The company has a market cap of $214.24 billion, a P/E ratio of 30.26 and a beta of 1.09.

Chevron (NYSE:CVX) last issued its quarterly earnings data on Friday, November 2nd. The oil and gas company reported $2.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.05. Chevron had a net margin of 8.79% and a return on equity of 8.19%. The firm had revenue of $43.99 billion for the quarter, compared to the consensus estimate of $47.17 billion. During the same quarter in the previous year, the firm earned $1.03 EPS. The company’s quarterly revenue was up 21.5% compared to the same quarter last year. As a group, equities research analysts forecast that Chevron Co. will post 7.81 EPS for the current fiscal year.

Several research analysts recently commented on CVX shares. Raymond James set a $135.00 price target on shares of Chevron and gave the stock a “buy” rating in a research note on Thursday, December 20th. Credit Suisse Group reissued a “buy” rating and set a $130.00 target price on shares of Chevron in a research report on Wednesday, December 19th. Societe Generale cut their target price on shares of Chevron from $150.00 to $128.00 and set a “buy” rating on the stock in a research report on Wednesday, December 19th. Zacks Investment Research raised shares of Chevron from a “hold” rating to a “buy” rating and set a $137.00 target price on the stock in a research report on Monday, October 1st. Finally, Goldman Sachs Group raised shares of Chevron from a “buy” rating to a “conviction-buy” rating in a research report on Tuesday, October 2nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Chevron has an average rating of “Buy” and a consensus target price of $134.79.

Several institutional investors have recently modified their holdings of the company. Capital International Investors boosted its stake in Chevron by 157.4% in the 3rd quarter. Capital International Investors now owns 23,757,783 shares of the oil and gas company’s stock worth $2,905,102,000 after purchasing an additional 14,528,219 shares in the last quarter. Charles Schwab Investment Advisory Inc. acquired a new stake in Chevron in the 2nd quarter worth approximately $413,622,000. Standard Life Aberdeen plc boosted its stake in Chevron by 78.9% in the 2nd quarter. Standard Life Aberdeen plc now owns 6,790,689 shares of the oil and gas company’s stock worth $858,547,000 after purchasing an additional 2,994,612 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Chevron by 320.3% in the 3rd quarter. Renaissance Technologies LLC now owns 2,855,084 shares of the oil and gas company’s stock worth $349,120,000 after purchasing an additional 2,175,800 shares in the last quarter. Finally, Vanguard Group Inc boosted its stake in Chevron by 1.3% in the 3rd quarter. Vanguard Group Inc now owns 149,871,580 shares of the oil and gas company’s stock worth $18,326,297,000 after purchasing an additional 1,897,503 shares in the last quarter. 64.57% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2019/01/17/insider-selling-chevron-co-cvx-insider-sells-4750-shares-of-stock.html.

About Chevron

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant.

See Also: Understanding Market Liquidity

Insider Buying and Selling by Quarter for Chevron (NYSE:CVX)

Receive News & Ratings for Chevron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chevron and related companies with MarketBeat.com's FREE daily email newsletter.