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Weekly CFO Buys Highlight

According to GuruFocus insider data, recent chief financial officer buys included Gulfport Energy Corp. (NASDAQ:GPOR) and PFSweb Inc. (NASDAQ:PFSW).

Gulfport Energy CFO bought 15,000 shares

Executive Vice President and CFO Quentin R. Hicks bought 15,000 shares for $2.38 per share on Aug. 30. Since then, the share price has increased by 27.73%. Gulfport Energy has a market cap of $484.570 million and its shares were traded around $3.04. The company has a price-earnings ratio of 0.95 and a price-sales ratio of 0.41.

Gulfport Energy announced its second-quarter results with revenue of $279.76 million and gross profit of $185.35 million, while the net income was $234.96 million. The 2018 total revenue was $1.45 billion, a 33% increase from 2017. The gross profit was $1.06 billion, a 41% increase from the year prior. The net income was $430.56 million.

President and CEO David M. Wood bought 40,000 shares for $2.44 per share on Aug. 30. Since then, the stock has gained 24.59%. General Counsel and Corp. Secretary Patrick K. Craine bought 15,000 shares for $2.42 per share on Aug. 30. Since then, the stock has gained 25.62%.

PFSweb CFO bought 15,000 shares

Chief Financial Officer and Executive Vice President Thomas J. Madden bought 15,000 shares for $2.14 per share on Aug. 30. Since then, the share price has increased by 20.56%. PFSweb has a market cap of $50.030 million and its shares were traded around $2.58. The company has a price-earnings ratio of 129 and a price-sales ratio of 0.17. Over the past decade, PFSweb had an annual average earnings growth of 5.60%.

PFSweb announced its second-quarter results with revenue of $56.47 million and gross profit of $17.87 million, while the net loss was $975,000. The 2018 total revenue was $264.83 million, a 3% decrease from 2017. The gross profit was $85.30 million, a 6% increase from the year prior. The net income was $1.23 million.

Director Benjamin L. Rosenzweig bought 2,500 shares for $2.21 per share on Aug. 23. Since then, the stock has gained 16.74%. Senior Vice President R. Zach Thomann bought 1,000 shares for $2.4 per share on Aug. 20. Since then, the stock has risen 7.5%.

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This article first appeared on GuruFocus.