Insider Trends: Insider Buying Added to with Purchase of HollyFrontier Shares
01:53 PM EDT, 05/07/2021 (MT Newswires) -- On May 07, 2021, Michael Jennings, Director and CEO & President, reported a purchase of 7,500 shares in HollyFrontier (HFC) for $262,350. Subsequent to the Form 4 filing with the SEC, Jennings owns 179,835 shares of company stock, which have a market value of $6.35 million as of the prior-day closing price.
During the most recent 90-day period, prior to the date of this filing, there has been one additional insider transaction which has resulted in the acquisition of 3,310 of company shares. This compares with the preceding 90-day window of time where there were 24 transactions from 17 insiders which resulted in the net acquisition of 351,915 shares.
This is lower than the average level of insider transactions in the 14-company Petroleum Refining peer group over the last 90-day period. Within the peer group activity averaged 68.6 transactions per company, and disposition of 138,813 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/48039/000120919121030799/xslF345X03/doc4.xml
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