Weekly CFO Buys Highlight

Recent buys from company CFOs

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Dec 16, 2018
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According to GuruFocus Insider Data, the recent CFO buys were: Tronox Ltd (TROX, Financial), Synthorx Inc. (THOR, Financial) and RTI Surgical Inc. (RTIX, Financial).

Tronox Ltd: SVP and CFO Timothy C. Carlson bought 21,000 shares

SVP and CFO Timothy C. Carlson bought 21,000 shares for $7.15 per share on Dec. 11. Since then, the stock price has increased by 4.76%. Tronox Ltd. has a market cap of $920.774 million and its shares were traded around $7.49. The company has a price-sales ratio of 0.50. The trailing 12-month dividend yield of Tronox Ltd. stocks is 2.40%, while the forward dividend yield is 2.40%.

Tronox Ltd. announced its third-quarter results with revenue of $456 million and gross profit of $121 million, while the net income was $6 million. The 2017 total revenue was $1.70 billion, a 30% increase from 2016. The 2017 gross profit was $388 million, a 190% increase from the year prior. The 2017 net loss was $285 million.

President and CEO Jeffry N. Quinn bought 25,000 shares for $7.21 per share on Dec. 10. Since then, the stock price has increased by 3.88%. Senior Vice President General Counsel and Secretary Jeffrey N. Neuman bought 6,500 shares for $7.81 per share on Dec. 7. Since then, the stock price has decreased by 4.1%. Senior Vice President Strategic Planning and B. Niekerk Willem Hendrik Van bought 3,800 shares for $7.44 per share on Dec. 7. Since then, the stock price has increased by 0.67%.

Synthorx Inc.: Acting CFO Tighe Reardon bought 545,455 shares

Acting CFO Tighe Reardon bought 545,455 shares for $11 per share on Dec. 11. Since then, the stock price has increased by 35.45%. Synthorx Inc. has a market cap of $450.432 million and its shares were traded around $14.90.

Director, 10% Owner Peter A. Thompson bought 1,363,636 shares for $11 per share on Dec. 11. Since then, the stock price has increased by 35.45%. Director, 10% Owner Jay Lichter bought 545,455 shares for $11 per share on Dec. 11. Since then, the stock price has increased by 35.45%. Director, 10% Owner Advisors LLC Orbimed bought 1,363,636 shares for $11 per share on Dec. 11. Since then, the stock price has increased by 35.45%.

RTI Surgical Inc.: CFO/CAO Jonathon M. Singer bought 50,000 shares

CFO/CAO Jonathon M Singer bought 50,000 shares for $4.28 per share on Dec. 12. Since then, the stock price has decreased by 3.04%. RTI Surgical Inc. has a market cap of $263.366 million and its shares were traded around $4.15. The company has a price-sales ratio of 0.95.

RTI Surgical announced its third-quarter results with revenue of $69.06 million and gross profit of $37.66 million, while the net income was $3.10 million. The 2017 total revenue was $279.56 million, a 3% increase from 2016. The 2017 gross profit was $142.52 million, a 8% increase from the year prior. The 2017 net income was $6.27 million.

CEO Camille Farhat bought 11,516 shares for $3.85 per share on Dec. 10. Since then, the stock price has increased by 7.79%.

Disclosure: none.