EVP Kimberly Foley buys 5,661 shares of LYB at $43.56 as stock trades 50.4% below 52-week high.
Foley, LyondellBasell's Executive Vice President of Global Operations & Planning and Refining, purchased 5,661 shares for $246,620.90, increasing her holdings by 9.1% to 67,687 shares. The purchase occurs at $43.56, while the stock currently trades at $43.31, having declined 50.4% from its 52-week high of $87.33 and fallen 18.8% over the past 90 days. LyondellBasell reported a net loss of $890,000,000.00 in its latest quarter on revenue of $7,727,000,000.00, with annual revenue contracting 2.0% year-over-year. An insider acquisition at depressed valuation levels warrants investor attention to whether it reflects management's assessment of fundamental value or external context.