According to GuruFocus insider data, the recent chief financial officer buys were KLX Energy Services Holdings Inc. (KLXE, Financial) and QEP Resources Inc. (QEP, Financial).
KLX Energy Services CFO bought 75,000 shares
Senior Vice President and CFO Thomas P. McCaffrey bought 75,000 shares for $12.11 per share on Aug. 22. Since then, the stock has fallen 17.18%. KLX Energy Services has a market cap of $236.757 million and its shares were traded around $10.03. The company has a price-sales ratio of 0.35.
The company announced its third-quarter results with revenue of $164 million and gross profit of $35.5 million, while the net income was $3.50 million. The 2018 total revenue was $495.30 million, a 55% increase from 2017. The gross profit was $125.30 million, a 142% increase from the year prior. The net income was $14.40 million.
Chairman, President and CEO Amin J. Khoury bought 100,000 shares for $11.85 per share on Aug. 21. Since then, the share price has decreased by 15.36%. Vice President and General Manager Gary J. Roberts bought 7,314 shares for $10.12 per share on Aug. 23. Since then, the share price has declined 0.89%. Director Richard Hamermesh bought 2,000 shares for $11.03 per share on Aug. 21. Since then, the share price has tumbled 9.07%.
QEP Resources CFOÂ bought 25,000 shares
Executive Vice President and CFO Richard J. Doleshek bought 25,000 shares for $3.5 per share on Aug. 23. Since then, the stock has risen 1.71%. QEP Resources has a market cap of $846.969 million and its shares were traded around $3.56. The company has a price-sales ratio of 0.54. The trailing 12-month dividend yield is 0.56%, while the forward dividend yield is 2.25%.
QEP Resources announced its second-quarter results with revenue of $296.20 million and gross profit of $219.30 million, while the net income was $48.80 million. The 2018 total revenue was $1.93 billion, a 19% increase from 2017. The gross profit was $1.35 billion, a 51% increase from the year prior. The net loss was $1.01 billion.
President and CEO Timothy J. Cutt bought 15,000 shares for $4.04 per share on Aug. 9. Since then, the share price has decreased by 11.88%. Director David A. Trice bought 10,000 shares for $3.5 per share on Aug. 23. Since then, the share price has advanced 1.71%. Director Michael J. Minarovic bought 60,000 shares for $4 per share on Aug. 21. Since then, the share price has fallen 11%.
Disclosure: None.