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Insider Selling: Marathon Petroleum (NYSE:MPC) Insider Sells 1,626 Shares of Stock
Marathon Petroleum (NYSE:MPC) insider Ricky Hessling sold 1,626 shares of the company’s stock for approximately $371,021, reducing his stake by 17.77%. The company recently reported strong earnings, exceeding analyst estimates with $4.07 EPS and $32.57 billion in revenue, and declared a quarterly dividend of $1.00 per share. Analysts generally maintain a “Moderate Buy” rating for MPC, with an average target price of $205.44.