Insider Sale: President and CEO Brian Lane Sells 15,000 Shares of Comfort Systems USA Inc (FIX)

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Nov 16, 2024
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On November 13, 2024, Brian Lane, President and Chief Executive Officer of Comfort Systems USA Inc (FIX, Financial), executed a sale of 15,000 shares of the company. The transaction was filed on November 15, 2024, as reported in the SEC Filing. Following this sale, the insider now owns 204,205 shares of Comfort Systems USA Inc.

Comfort Systems USA Inc is engaged in providing mechanical and electrical installation, renovation, maintenance, repair, and replacement services within the mechanical services industry in the United States.

Over the past year, Brian Lane has sold a total of 46,000 shares and has not made any purchases of the stock. This recent transaction is part of a broader trend observed over the last year, where Comfort Systems USA Inc has seen 22 insider sells and only 1 insider buy.

Shares of Comfort Systems USA Inc were trading at $448.88 on the day of the transaction. The company has a market cap of approximately $15.84 billion. The price-earnings ratio of the stock stands at 34.05, which is above both the industry median of 15.785 and the historical median for the company.

The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.87, based on a GF Value of $239.89. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.

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This insider sale could be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics such as the price-sales ratio, price-book ratio, and price-to-free cash flow.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.