Weekly CFO Buys Highlight: United States Steel Corp, Tuesday Morning Corp, Novavax Inc.

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Feb 09, 2015

According to GuruFocus Insider Data the recent CFO buys were: United States Steel Corp, Tuesday Morning Corp, and Novavax Inc.

United States Steel Corp (X, Financial): Exec. VP and CFO David B Burritt bought 40,083 shares

On 02/04/2015, Exec. VP and CFO David B Burritt bought 40,083 shares at an average price of $24.9. The price of the stock has decreased by 6.87% since. United States Steel Corp has a market cap of $3.56 billion and its shares were traded at around $23.19. The company has a P/E ratio of 34.90 and P/S ratio of 0.19 with a dividend yield of 0.86%.

United States Steel Corp announced their 2014 third quarter results with revenues of $4.6 billion and gross profit of $739 million; the net income was $207 million. The 2013 total revenue was $17.42 billion, a 10% decrease from the 2012 total revenue. The 2013 gross profit was $1.41 billion, a 17% decrease from the 2012 gross profit. The 2013 net income was $1.67 billion.

On 11/11/2014, President and CEO Mario Longhi Filho bought 28,362 shares at an average price of $35.24. The price of the stock has decreased by 34/19% since. On 02/02/2015, Director Patricia Diaz Dennis bought 1,000 shares at an average price of $24. The price of the stock has decreased by 3.38% since. On 01/30/2015, Director Robert J Stevens bought 1,000 shares at an average price of $22.86. The price of the stock has increased by 1.44% since.

Tuesday Morning Corp (TUES, Financial): EVP, CAO and CFO Jeffrey N Boyer bought 10,000 shares

On 02/04/2015, EVP, CAO and CFO Jeffrey N Boyer bought 10,000 shares at an average price of $17.94. The price of the stock has increased by 5.3% since. Tuesday Morning Corp has a market cap of $776.041 million and its shares were traded at around $18.89. The company has a P/E ratio of 674.60 and P/S ratio of 0.91.

Tuesday Morning Corp announced their 2014 fourth quarter results with revenues of $301.4 million and gross profit of $109.05 million; the net income was $23.66 million. The 2014 total revenue was $864.8 million, a 3% increase from the 2013 total revenue. The 2014 gross profit was $302.15 million, a 16% increase from the 2013 gross profit. The 2014 net income was $10.2 million.

On 02/04/2015, EVP, General Merchandise Mgr Melissa Phillips bought 3,000 shares at an average price of $18.27. The price of the stock has increased by 3.39% since. On 11/06/2014, Director Stevens R Becker sold 166,093 shares at an average price of $21.12. The price of the stock has decreased by 10.56% since.

Novavax Inc. (NVAX, Financial): SVP, CFO Barclay A Phillips bought 8,388 shares

On 01/31/2015, SVP, CFO Barclay A Phillips bought 8,388 shares at an average price of $2.28. Novavax Inc. has a market cap of $1.86 billion and its shares were traded at around $7.97. The company has a P/S ratio of 53.13.

Novavax Inc. announced their 2014 third quarter results with revenues of $8.21 million and gross profit of $4.19 million. The 2013 total revenue was $20.9 million, a 5% increase from the 2012 total revenue. The 2013 gross profit was $12.69 million, a 72% increase from the 2012 gross profit.

On 01/31/2015, CEO and President Stanley C Erck bought 6,122 shares at an average price of $2.28. On 01/31/2015, SVP, Commercial Operations John Trizzino bought 6,611 shares at an average price of $3.63. On 01/31/2015, SVP, General Counsel John A Herrmann Iii bought 9,869 shares at an average price of $2.28.