On October 1, 2024, Director David Guernsey sold 10,000 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 52,956 shares of the company.
Comstock Holding Co Inc, a real estate development and services company, focuses on developing, owning, and managing mixed-use and transit-oriented properties in the Washington, D.C. metropolitan area.
Over the past year, the insider transaction history for Comstock Holding Co Inc shows no insider buys and three insider sells. The insider, David Guernsey, has sold a total of 10,000 shares over the past year and has not purchased any shares.
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 company stands at 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 a price-to-GF-Value ratio of 1.75. This suggests that Comstock Holding Co Inc is significantly overvalued based on its GF Value.
The GF Value is calculated considering historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider could be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at Comstock Holding Co Inc.
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.
