On October 30, 2024, Franklin Myers, Director at Comfort Systems USA Inc (FIX, Financial), executed a sale of 12,000 shares of the company. The transaction was filed on October 31, 2024, as reported in the SEC Filing. Following this transaction, the insider now owns 106,498 shares of Comfort Systems USA Inc.
Comfort Systems USA Inc is engaged in providing comprehensive heating, ventilation, and air conditioning installation, maintenance, repair, and replacement services within the mechanical services industry.
The shares were sold at a price of $390.18 each. After this transaction, the market cap of Comfort Systems USA Inc stands at approximately $13.92 billion.
The price-earnings ratio of the company is 29.92, which is above the industry median of 15.72. This ratio is also higher than the historical median for the company, indicating a premium valuation compared to its earnings.
According to the GF Value, the intrinsic value of Comfort Systems USA Inc is estimated at $237.49 per share, making the current price of $390.18 significantly overvalued with a price-to-GF-Value ratio of 1.64.
Over the past year, there has been a notable trend in insider transactions at Comfort Systems USA Inc, with 21 insider sells and only 1 insider buy. This could indicate a sentiment of taking profits or reallocating investments among the insiders.
The insider transaction history and the current valuation metrics provide a comprehensive view of the recent activities and the financial standing of Comfort Systems USA Inc.
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