According to GuruFocus Insider Data, the recent CFO buys were: Horsehead Holding Corp. (ZINC, Financial), Violin Memory Inc. (VMEM, Financial), and Tier REIT, Inc. (TIER, Financial).
Horsehead Holding: VP and CFO Robert D Scherich bought 10,000 shares
On Sept. 3, VP and CFO Robert D Scherich bought 10,000 shares at an average price of $7.54. The price of the stock has decreased by 13.66%. Horsehead Holding has a market cap of $368.875 million and its shares were traded at around $6.51. The company has a P/S ratio of 0.78.
Horsehead Holding announced its 2015 second-quarter results with revenues of $122.80 million and gross profit of $14.64 million; the net income was $3.62 million. The 2014 total revenue was $453.94 million, a 3% increase from the 2013 total revenue. The 2014 gross profit was $38.86 billion, a 43% increase from the 2013 gross profit. The 2014 net income was $15.46 million.
On Sept. 3, President and CEO James M Hensler bought 7,500 shares at an average price of $7.54. The price of the stock has decreased by 13.66%. On Aug. 21, 10% Owner Street, Llc Dalal bought 161,549 shares at an average price of $7.73. The price of the stock has decreased by 15.78%.
Violin Memory Inc.: CFO Cory Sindelar bought 10,000 shares
On Sept. 9, CFO Cory Sindelar bought 10,000 shares at an average price of $1.48. The price of the stock has increased by 20.27%. Violin Memory Inc. has a market cap of $173.359 million and its shares were traded at around $1.78. The company has a P/S ratio of 2.42.
Violin Memory Inc. announced its 2015 second-quarter results with revenues of $12.1 million and gross profit of $5.15 million; the net income was $26.5 million. The 2014 total revenue was $107.66 million, a 46% increase from the 2013 total revenue. The 2014 gross profit was $42.88 million, a 38% increase from the 2013 gross profit. The 2014 net income was $149.81 million.
On Sept. 9, President and CEO Kevin A Denuccio bought 75,000 shares at an average price of $1.58. The price of the stock has increased by 12.66%. On Sept. 9, SVP Worldwide Field Ops. Said Ouissal bought 10,000 shares at an average price of $1.48. The price of the stock has increased by 20.27%. On Sept. 9, Director David B Walrod bought 35,000 shares at an average price of $1.49. The price of the stock has increased by 19.46%.
Tier REIT Inc.: CFO and Treasurer Dallas E Lucas bought 7,500 shares
On Sept. 9, CFO and Treasurer Dallas E Lucas bought 7,500 shares at an average price of $14.62. The price of the stock has increased by 2.46%. Tier REIT Inc. has a market cap of $749.950 million and its shares were traded at around $14.98. The company has a P/E ratio of 31.36 and P/S ratio of 2.62 with a dividend yield of 1.20%.
Tier REIT announced its 2015 second-quarter results with revenues of $71.81 million and gross profit of $37.41 million; the net income was $1.14 million. The 2014 total revenue was $281.14 million, a 0.3% decrease from the 2013 total revenue. The 2014 gross profit was $139.35 million, a 3% decrease from the 2013 gross profit. The 2014 net income was $81.4 million.
On Sept. 3, CEO and President Scott W Fordham bought 19,000 shares at an average price of $14.01. The price of the stock has increased by 6.92%. On Sept. 4, Chief Investment Officer & EVP William J Reister bought 6,700 shares at an average price of $13.84. The price of the stock has increased by 8.24%. On Sept. 3, Director Thomas M Herzog bought 42,300 shares at an average price of $13.86. The price of the stock has increased by 8.08%.
