Wells Fargo (WFC)  CEO Timothy Sloan confirmed the purchase of 39,000 Wells Fargo shares Monday at a price of $51.65 per share. 

Sloan spent a total of just over $2 million on the purchase. Wells Fargo shares were up 1% to $51.87 Monday morning. 

(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)

If you liked this article you might like

How to Get Rich Using Warren Buffett's Favorite Stock Market Indicators

China's Banks Halt Business With North Korea Per United Nations Sanctions

How to Live Just Like Billionaire Warren Buffett

How to Make a Deal Like Billionaire Investor Warren Buffett

How to Invest Like Billionaire Warren Buffett