Insider Buying: Director James Carroll Acquires Shares of Armada Hoffler Properties Inc (AHH)

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On September 26, 2024, James Carroll, Director at Armada Hoffler Properties Inc (AHH, Financial), purchased 2,857 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns 39,066 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, James Carroll has engaged in multiple transactions, purchasing a total of 2,857 shares and selling none. This recent acquisition aligns with a broader pattern of insider activity at the company. Over the last year, there have been 18 insider buys and only 1 insider sell at Armada Hoffler Properties Inc.

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 a "Possible Value Trap, Think Twice" status.

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.

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This insider buying activity could be a signal to investors about the perceived value of the stock at current prices, considering the insider's increasing stake in the company.

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.