According to GuruFocus insider data, the recent chief financial officer buys were Tenneco Inc. (TEN, Financial), Ocwen Financial Corp (OCN, Financial) and Southwestern Energy Co (SWN, Financial).
Tenneco CFO bought 60,000 shares
Executive Vice President and CFO Jason M. Hollar bought 60,000 shares for $9.44 per share on Aug. 8. Since then, the share price has increased by 0.11%. Tenneco has a market cap of $764.699 million and its shares were traded around $9.45. The company has a price-sales ratio of 0.05. The trailing 12-month dividend yield is 7.94%, while the forward dividend yield is 10.58%. Over the past 10 years, Tenneco had an annual average earnings growth of 6%. GuruFocus rated Tenneco's business predictability rank 2.5 out of 5 stars.
Tenneco announced its second-quarter results with revenue of $4.50 billion and gross profit of $717 million, while the net income was $26 million. The 2018 total revenue was $11.76 billion, a 27% increase from 2017. The gross profit was $1.86 billion, a 24% increase from the year prior. The net income was $55 million.
Senior Vice President Brandon B. Smith bought 20,000 shares for $9.48 per share on Aug. 9. Since then, the share price has decreased by 0.32%. Director Dennis J. Letham bought 10,000 shares for $9.26 per share on Aug. 7. Since then, the share price has increased by 2.05%.
Ocwen Financial CFO bought 33,750 shares
Executive Vice President and CFO June C. Campbell bought 33,750 shares for $1.5 per share on Aug. 14. Since then, the share price has decreased by 2.67%. Ocwen Financial has a market cap of $196.510 million and its shares were traded around $1.46. The company has a price-sales ratio of 0.19.
Ocwen announced its second-quarter results with revenue of $1.92 billion and gross profit of $441 million, while the net income was $138 million. The 2018 total revenue was $7.06 billion, a 11% increase from 2017. The gross profit was $1.65 billion, a 4% increase from the year prior. The net income was $545 million.
President and CEO Glen A. Messina bought 132,000 shares for $1.5 per share on Aug. 12. Since then, the share price has decreased by 2.67%. Director Robert J. Lipstein bought 161,105 shares for $1.55 per share on Aug. 12. Since then, the share price has declined 5.81%. Executive Vice President and Chief Growth Officer Timothy J. Yanoti bought 35,000 shares for $1.35 per share on Aug. 9. Since then, the share price has increased by 8.15%.
Southwestern Energy CFO bought 25,000 shares
Executive Vice President and CFO Julian Mark Bott bought 25,000 shares for $1.9 per share on Aug. 9. Since then, the share price has declined 5.26%. Southwestern Energy has a market cap of $974.370 million and its shares were traded around $1.80. The company has a price-earnings ratio of 0.95 and a price-sales ratio of 0.27.
Southwestern Energy announced its first-quarter results with revenue of $990 million and gross profit of $384 million, while the net income was $594 million. The 2018 total revenue was $3.86 billion, a 21% increase from 2017. The gross profit was $1.85 billion, a 19% increase from the year prior. The net income was $537 million.
President and CEO William J. Way bought 100,000 shares for $1.91 per share on Aug. 9. Since then, the share price has decreased by 5.76%.
Disclosure: None.
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