Wells Fargo Shares Advance on News of $5MM Stock Buy



According to SEC filings, Wells Fargo’s CEO Timothy Sloan and Stephen Sanger, the bank’s chairman, bought 39,000 and 58,342 shares of Wells Fargo stock, worth $2,014.4 million and $3,013.4 million, respectively.

Following the news, shares of Wells Fargo stock were trading 2.07% higher than the purchases and closed at the end of the most resent session at $52.72, up from $51.65 on the day of the transactions.

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com