President DEVILLIERS DAVID H JR of FRP Holdings Inc (FRPH, Financial) executed a sale of 2,500 shares of the company on November 13, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 59,768 shares of the company.
FRP Holdings Inc operates in the real estate sector, focusing on the acquisition, development, and management of commercial properties across the United States.
Over the past year, the insider has sold a total of 20,172 shares and has not purchased any shares. This recent transaction continues a trend observed over the last year, where there have been 18 insider sells and no insider buys at FRP Holdings Inc.
Shares of FRP Holdings Inc were priced at $31.14 on the day of the transaction. The company currently has a market cap of approximately $588.993 million. The price-earnings ratio stands at 77.38, significantly above both the industry median of 14.395 and the company's historical median.
The stock is considered Fairly Valued with a price-to-GF-Value ratio of 0.98, based on a GF Value of $31.88. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential future stock performance, particularly in the context of the company's valuation and market trends.
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.
