Insider Buying: Heim Michael A, Phillips 66 [PSX] Director invested 1,000 shares

NUE

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Phillips 66 shares valued at $125,970 were purchased by Heim Michael A on Jul 30 ’25. At $125.97 per share, Heim Michael A acquired 1,000 shares. The insider’s holdings grew to 12,043 shares worth approximately $1.44 million following the completion of this transaction.

Also, CORNELIUS SIGMUND L purchased 500 shares, netting a total of over 61,775 in proceeds. Following the buying of shares at $123.55 each, the insider now holds 21,543 shares.

Before that, Sutherland Vanessa Allen had sold 4,393 shares from its account. In a trade valued at $571,090, the EVP, GC and Secretary traded Phillips 66 shares for $130.00 each. Upon closing the transaction, the insider’s holdings decreased to 4,393 shares, worth approximately $5.17 million.

As published in a research note from TD Cowen on July 28, 2025, Phillips 66 [PSX] has been retained to a Buy and the price target has been revised to $134. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid July. As of July 11, 2025, Scotiabank has decreased its “Sector outperform” rating to a “Sector perform” for PSX. Earlier on June 18, 2025, Evercore ISI initiated its rating. Their recommendation was “an Outperform” for PSX stock.

Analyzing PSX Stock Performance

On last trading session, Phillips 66 [NYSE: PSX] plunged -0.45% to $119.3. The stock’s lowest price that day was $119.07, but it reached a high of $122.3442 in the same session. During the last five days, there has been a drop of approximately -3.46%. Over the course of the year, Phillips 66 shares have dropped approximately -9.37%.

Is Phillips 66 subject to short interest?

Stocks of Phillips 66 saw a sharp rise in short interest on 2025-07-15 jumping by 1.83 million shares to 8.55 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 6.73 million shares. A jump of 21.35% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.3 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.3.

Which companies own the most shares of Phillips 66 (PSX)?

In terms of Phillips 66 share price expectations, FactSet research, analysts set an average price target of 131 in the next 12 months, up nearly 9.31% from the previous closing price of $119.84. Analysts anticipate Phillips 66 stock to reach 148 by 2025, with the lowest price target being 55. In spite of this, 11 analysts ranked Phillips 66 stock as Buy at the end of 2025. On May 13, 2025, TD Cowen assigned a price target of “a Buy” to the stock and reiterated coverage with a $120.

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