On October 1, 2024, Director James Maccutcheon sold 1,500 shares of Comstock Holding Co Inc (CHCI, Financial) at a price of $10 per share, as reported in the SEC Filing. Following this transaction, the insider now owns 145,585 shares of the company.
Comstock Holding Co Inc operates in the real estate development and services sector, focusing primarily on developing properties and providing a wide range of construction and home building services.
Over the past year, the insider transaction history for Comstock Holding Co Inc shows a total of three insider sells and no insider buys. This recent transaction by Director James Maccutcheon follows this trend of insider sales.
Shares of Comstock Holding Co Inc were trading at $10 on the day of the transaction, giving the company a market cap of $99.111 million. The price-earnings ratio of the stock is 12.44, which is lower than the industry median of 14.765.
The stock's valuation according to the GF Value is $5.72, indicating that with a current price of $10, Comstock Holding Co Inc is significantly overvalued with a price-to-GF-Value ratio of 1.75.
The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and expected future business outcomes.
This insider sale might be of interest to current and potential investors, providing insight into the insider's perspective on the stock's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
