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Trade Alert: The CEO & Director Of Royal Dutch Shell plc (AMS:RDSA), Ben Van Beurden, Has Just Spent US$217k Buying Shares

Investors who take an interest in Royal Dutch Shell plc (AMS:RDSA) should definitely note that the CEO & Director, Ben Van Beurden, recently paid €22.74 per share to buy €217k worth of the stock. Although the purchase only increased their holding by 1.5%, it is still a solid purchase in our view.

Check out our latest analysis for Royal Dutch Shell

Royal Dutch Shell Insider Transactions Over The Last Year

Notably, that recent purchase by Ben Van Beurden is the biggest insider purchase of Royal Dutch Shell shares that we’ve seen in the last year. So it’s clear an insider wanted to buy, even at a higher price than the current share price (being €20.48). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

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