Bleakley Financial Group LLC increased its stake in Chevron Corporation by 10.7% in the third quarter, holding 66,429 shares valued at $10.32 million. Despite this institutional buying, which collectively accounts for 72.42% of the stock, Chevron has seen significant insider selling totaling $89.5 million over the past 90 days. The company recently increased its quarterly dividend to $1.78 per share, while analysts maintain a “Hold” rating with an average target price of $176.36.
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Bleakley Financial Group LLC Has $10.32 Million Position in Chevron Corporation $CVX
Bleakley Financial Group LLC increased its stake in Chevron Corporation by 10.7% in the third quarter, holding 66,429 shares valued at $10.32 million. Despite this institutional buying, which collectively accounts for 72.42% of the stock, Chevron has seen significant insider selling totaling $89.5 million over the past 90 days. The company recently increased its quarterly dividend to $1.78 per share, while analysts maintain a “Hold” rating with an average target price of $176.36.