On October 4, 2024, James Maccutcheon, Director at Comstock Holding Co Inc (CHCI, Financial), executed a sale of 1,800 shares of the company. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 143,785 shares of the company.
Comstock Holding Co Inc (CHCI, Financial) is engaged in real estate development and services, primarily focusing on the development of residential and mixed-use properties. The company operates through its subsidiaries, offering a wide range of real estate services including asset management, property management, and development services.
Over the past year, James Maccutcheon has sold a total of 3,300 shares and has not made any purchases of the company's stock. This recent sale continues a trend observed over the last year, where there have been four insider sales and no insider buys.
Shares of Comstock Holding Co Inc were trading at $12.02 on the day of the sale. The company has a market cap of $107.202 million. The price-earnings ratio stands at 13.26, which is below the industry median of 14.77.
The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 2.09, based on a GF Value of $5.74. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors, especially in the context of the company's valuation metrics and stock performance.
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.
