Brian Gilvary Sells 20,000 Shares of BP plc (BP) Stock

BP plc (LON:BP) insider Brian Gilvary sold 20,000 shares of BP stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of GBX 534 ($6.98), for a total value of £106,800 ($139,553.12).

Brian Gilvary also recently made the following trade(s):

  • On Monday, November 12th, Brian Gilvary purchased 60 shares of BP stock. The shares were purchased at an average cost of GBX 524 ($6.85) per share, with a total value of £314.40 ($410.82).
  • On Wednesday, October 10th, Brian Gilvary purchased 53 shares of BP stock. The shares were purchased at an average cost of GBX 579 ($7.57) per share, with a total value of £306.87 ($400.98).
  • On Monday, September 10th, Brian Gilvary purchased 58 shares of BP stock. The shares were purchased at an average cost of GBX 537 ($7.02) per share, with a total value of £311.46 ($406.98).

Shares of BP opened at GBX 514.80 ($6.73) on Friday. BP plc has a 52-week low of GBX 436.95 ($5.71) and a 52-week high of GBX 536.20 ($7.01).

The firm also recently declared a dividend, which will be paid on Friday, December 21st. Stockholders of record on Thursday, November 8th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a dividend yield of 1.44%.

BP has been the subject of several analyst reports. Citigroup raised BP to a “top pick” rating and set a GBX 650 ($8.49) price objective for the company in a report on Thursday, August 16th. Barclays reaffirmed a “top pick” rating on shares of BP in a report on Monday, August 20th. JPMorgan Chase & Co. set a GBX 650 ($8.49) price objective on BP and gave the company a “buy” rating in a report on Thursday, August 30th. Morgan Stanley raised BP from an “equal” rating to an “overweight” rating and lifted their price objective for the company from GBX 680 ($8.89) to GBX 695 ($9.08) in a report on Wednesday, September 5th. Finally, Berenberg Bank began coverage on BP in a report on Tuesday, September 11th. They issued a “buy” rating and a GBX 665 ($8.69) price objective for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of GBX 645.75 ($8.44).

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BP Company Profile

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

Further Reading: What is a Leveraged Buyout (LBO)?

Insider Buying and Selling by Quarter for BP (LON:BP)

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