The Sr. VP – Automotive Solutions of United States Steel (NYSE: X) is Selling Shares

By Carrie Williams

Today, the Sr. VP – Automotive Solutions of United States Steel (NYSE: X), James Bruno, sold shares of X for $22.6K.

Following James Bruno’s last X Sell transaction on June 02, 2016, the stock climbed by 16.4%. In addition to James Bruno, one other X executive reported Sell trades in the last month.

The company has a one year high of $33.78 and a one year low of $6.15. Currently, United States Steel has an average volume of 25.78M.

12 different firms, including Axiom and Merrill Lynch, currently also have a Sell rating on the stock. Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $24.60, reflecting a 26.7% upside. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy X with a $26 price target.

The insider sentiment on United States Steel has been negative according to 52 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

United States Steel Corp. engages in the manufacture and sale of steel products. It operates through the following segments: Flat-Rolled Products, U.S. Steel Europe and Tubular Products. The Flat-Rolled Products segment manages steel plants and production facilities that manufactures steel slabs, rounds, strip mill plates, sheets, tin mill, iron ore, and coke. The U.S. Steel Europe segment produces and markets strip mill plates, spiral welded pipe, heating radiators, refractory ceramic materials. The Tubular Products segment manufactures and trades seamless and electric resistance welded steel casing and tubing. line pipe, and mechanical tubing. The company was founded in 1901 by Andrew Carnegie, John Pierpont Morgan, Charles Michael Schwab, and Elbert Henry Gary and is headquartered in Pittsburgh, PA.