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Investors in United States Steel Corp. (X) saw new options become available today, for the ...

Insider Bets Paying Off At United States Steel As New 52-Week High Reached

By Market News Video Staff, Friday, February 16, 1:12 PM ET
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In trading on Friday, shares of United States Steel Corp. (NYSE:X) touched a new 52-week high of $43.97/share. That's a 137.04% rise, or $25.42 per share from the 52-week low of $18.55 set back on 05/18/2017. That means at today's intraday high, any investor who purchased X stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, X has seen 3 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
09/01/2017 Murry Gerber Director 4,000 $26.89 $107,548.00
09/08/2017 Kevin Bradley EVP & Chief Financial Officer 36,762 $27.23 $1,001,069.56
09/15/2017 Eugene Sperling Director 1,000 $25.16 $25,157.00

The chart below shows where X has traded over the past year, with the 50-day and 200-day moving averages included.

United States Steel Corp. Moving Averages Chart

In afternoon trading on Friday, X shares are changing hands at $43.30/share, slightly below the new 52-week high.


This Article's Word Cloud:   Bargains   Bradley   Cheaper   Chief   Corp   Director   Eugene   Financial   Friday   Gerber   Insider   Insiders   Kevin   Murry   NYSE   Officer   Over   Price   Purchased   Share   Shares   Sperling   Start   States   Steel   Than   That   Title   United   Value   afternoon   averages   back   been   below   bets   buying   changing   chart   company   different   from   high   insiders   over   past   share   shares   trading   week
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Insider Bets Paying Off At United States Steel As New 52-Week High Reached | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

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