Weekly CFO Buys Highlight

Recent buys from company CFOs

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Jun 12, 2019
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According to GuruFocus Insider Data, the recent CFO buys were: Freeport-McMoRan Inc (FCX, Financial), PolarityTE Inc. (PTE, Financial) and Coeur Mining Inc. (CDE, Financial).

Freeport-McMoRan Inc.: Executive Vice President, CFO and Treasurer Kathleen L. Quirk bought 50,000 shares

Executive Vice President, CFO and Treasurer Kathleen L. Quirk bought 50,000 shares for $10.49 per share on June 7. Since then, the stock price has increased by 1.24%. Freeport-McMoRan Inc. has a market cap of $15.41 billion and its shares were traded around $10.62. The company has a price-earnings ratio of 9.82 and price-sales ratio of 0.88. The trailing 12-month dividend yield of Freeport-McMoRan Inc. stocks is 1.87%, while the forward dividend yield is 1.89%.

The company announced its first-quarter results, with revenue of $3.79 billion and gross profit of $816.0 million, while the net income was $31.0 million. The 2018 total revenue was $18.63 billion, a 14% increase from 2017. The gross profit was $7.0 billion, a 8% increase from the year prior. The net income was $2.60 billion.

Vice Chairman, President and CEO Richard C. Adkerson bought 172,000 shares for $10.14 per share on June 6. Since then, the stock price has increased by 4.73%. President and COO FM Americas Harry M. Conger IV sold 155,000 shares for $10.51 per share on June 7. Since then, the stock price has increased by 1.05%.

PolarityTE Inc.: CFO Paul Elliot Mann bought 35,000 shares

CFO Paul Elliot Mann bought 35,000 shares for $5.33 per share on June 5. Since then, the stock price has increased by 5.63%. PolarityTE Inc. has a market cap of $141.360 million and its shares were traded around $5.63. The company has a price-sales ratio of 39.66.

The company announced its first-quarter results, with revenue of $1.46 million and gross profit of $689,000, while the net loss was $25.57 million. The 2018 total revenue was $4.04 million, a 158% increase from 2017. The gross profit was $1.75 million, a 212% increase from the year prior. The net loss was $110.51 billion.

Chief Translation Medicine Officer Edward Winslow Swanson bought 2,000 shares for $5.68 per share on June 5. Since then, the stock price has decreased by 0.88%. President of Corporate Development David B. Seaburg bought 35,000 shares for $5.93 per share on June 5. Since then, the stock price has decreased by 5.06%. Director Peter A. Cohen bought 15,000 shares for $5.63 per share on June 5. Since then, the stock price has decreased by 0%.

Coeur Mining Inc.: Senior Vice President and CFO Thomas S. Whelan bought 25,000 shares

Senior Vice President and CFO Thomas S. Whelan bought 25,000 shares for $2.84 per share on May 31. Since then, the stock price has increased by 10.21%. Coeur Mining Inc. has a market cap of $693.990 million and its shares were traded around $3.13. The company has a price-sales ratio of 0.94.

Director Brian E. Sandoval bought 1,750 shares for $3 per share on May 23. Since then, the stock price has increased by 4.33%. Director J. Kenneth Thompson bought 15,000 shares for $2.93 per share on May 21. Since then, the stock price has increased by 6.83%.

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Weekly CFO Buys HighlightÂ

Weekly CFO Buys HighlightÂ

Weekly CFO Buys HighlightÂ

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