According to GuruFocus Insider Data, the recent chief financial officer (CFO) buys were Terex Corp. (TEX, Financial) and Vuzix Corp. (VUZI, Financial).
Terex CFO bought 413 shares
Senior Vice President and CFO John D. Sheehan bought 413 shares for $45.44 per share on Oct. 5. The stock price has increased 2.11% since then. Terex has a market cap of $4.15 billion and its shares were trading around $46.40. The company has a price-sales (P/S) ratio of 1.14. The trailing 12-month dividend yield is 0.67% and the forward dividend yield is 0.70%.
Terex posted second-quarter results with revenues of $1.18 billion and gross profit of $240.7 million, while the net income was $100.8 million. The 2016 total revenue was $4.44 billion, a 12% decrease from 2015 total. The 2016 gross profit was $712.4 million, a 27% decrease from the year before. The 2016 net loss was $176.1 million.
Senior Vice President of Human Resources Kevin A. Barr bought five shares for $45.45 per share on Oct. 5. Since then, the stock price has increased 2.09%. Senior Vice President of Finance, Bus Development Brian J. Henry bought 51 shares for $45.45 per share on Oct. 5. Senior Vice President and Secretary of the General Counsel Eric I. Cohen sold 10,000 shares for $45 per share on Sept. 29. The stock price has increased 3.11% since then.
Vuzix CFO bought 2,000 shares
CFO and Executive Vice President Grant Russell bought 2,000 shares for $5.54 per share on Oct. 13. The stock price has declined 2.53% since then. Vuzix has a market cap of $119.74 million and its shares were trading around $5.40. The company has a P/S ratio of 27.83.
Vuzix posted second-quarter results with revenues of $1.33 billion and a gross loss of $429.49 million, while the net loss was $4.07 billion. The total revenue was $2.13 billion in 2016, a 23% decrease from 2015. The gross loss was $1.16 billion in 2016, a 305% decrease from the year before. The 2016 net loss was $19.25 million.
President and CEO Paul J. Travers bought 2,300 shares for $5.45 per share on Sept. 28. Since then, the stock price has fallen 0.92%. Chief Operating Officer Paul A. Boris bought 5,000 shares for $5.2 per share on Oct. 4. The stock price has increased by 3.85% since then.
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