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Weekly CFO Buys Highlight

- By Myra Ramdenbourg

According to GuruFocus Insider Data, the recent CFO buys were: Tradeweb Markets Inc. (TW), Terex Corp (TEX) and National Security Group Inc. (NSEC).

Tradeweb Markets Inc. (TW): CFO Robert J. Warshaw bought 8,000 shares

CFO Robert J. Warshaw bought 8,000 shares for $27 per share on April 8. Since then, the stock price has increased by 55.07%. Tradeweb Markets Inc. has a market cap of $11.23 billion and its shares were traded around $41.87. The company has a P/E ratio of 58.15.


Tradeweb Markets announced its fourth-quarter results with revenue of $178.64 million and gross profit of $205.24 million, while the net income was $29.31 million. The 2018 total revenue and gross profit was $684.41 million, a 22% increase from 2017. The 2018 net income was $159.47 million.

CEO Lee Olesky bought 20,000 shares for $27 per share on April 8. Since then, the stock price has increased by 55.07%. Managing Director, Europe/Asia Enrico Bruni bought 30,000 shares for $27 per share on April 8. Since then, the stock price has increased by 55.07%. Chief Administrative Officer Scott Zucker bought 4,000 shares for $27 per share on April 8. Since then, the stock price has increased by 55.07%.

Terex Corp (TEX): Senior Vice President, CFO John D. Sheehan bought 572 shares

Senior Vice President, CFO John D. Sheehan bought 572 shares for $33.44 per share on April 5. Since then, the stock price has decreased by 0.33%. Terex Corp has a market cap of $2.37 billion and its shares were traded around $33.33. The company has a P/E ratio of 23.30 and P/S ratio of 0.50. The trailing 12-month dividend yield of Terex Corp stocks is 1.23%, while the forward dividend yield is 1.32%.

Terex Corp announced its fourth-quarter results with revenue of $1.23 billion and gross profit of $224.60 million, while the net loss was $33 million. The 2018 total revenue was $5.13 billion, a 17% increase from 2017. The 2018 gross profit was $965.80 million, a 22% increase from the year prior. The 2018 net income was $113.70 million.

SVP Finance, Business Development Brian J. Henry bought 103 shares for $33.43 per share on April 5. Since then, the stock price has decreased by 0.3%. Senior VP Human Resources Kevin A. Barr bought 10 shares for $33.43 per share on April 5. Since then, the stock price has decreased by 0.3%. Director International Master F. Marcato sold 1.1 million shares for $31.54 per share on March 29. Since then, the stock price has increased by 5.68%.

National Security Group Inc. (NSEC): CFO Brian R. Mcleod bought 1,000 shares

CFO Brian R Mcleod bought 1,000 shares for $11.93 per share on April 8. Since then, the stock price has increased by 0.59%. National Security Group Inc. has a market cap of $30.314 million and its shares were traded around $12.00. The company has a P/E ratio of 38.71 and P/S ratio of 0.47. The trailing 12-month dividend yield of National Security Group Inc. stocks is 1.67%, while the forward dividend yield is 1.67%.

National Security Group announced its third-quarter results with revenue of $17.07 million and gross profit of $4.46 million, while the net income was $907 thousand. The 2017 total revenue was $65.64 million, a 17% increase from 2016. The 2017 gross profit was $11.46 million, a 22% increase from the year prior. The 2017 net loss was $1.20 million.

Disclosure: none

This article first appeared on GuruFocus.