On September 26, 2024, Louis Haddad, CEO of Armada Hoffler Properties Inc (AHH, Financial), purchased 95,238 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 577,143 shares of the company.
Armada Hoffler Properties Inc is a real estate investment trust engaged in developing, building, owning, and managing high-quality, institutional-grade office, retail, and multifamily properties in attractive markets throughout the Mid-Atlantic United States.
Over the past year, Louis Haddad has increased his holdings by 95,238 shares, with no recorded sales of shares. This recent acquisition aligns with a broader trend within the company, where there have been 18 insider buys and only 1 insider sell over the same timeframe.
Shares of Armada Hoffler Properties Inc were priced at $10.5 on the day of the transaction. The company currently holds a market cap of $751.024 million.
According to the GF Value, the intrinsic value of the stock is estimated at $21.53, which suggests that the stock is currently undervalued, with a price-to-GF-Value ratio of 0.49. This valuation indicates that the stock might be a Possible Value Trap, and investors should think twice before investing.
The GF Value is calculated based on historical 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 buying activity could be a signal to investors about the perceived undervaluation of the stock by the insider, especially in the context of the company's current market valuation and intrinsic value estimates.
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.
