Insider Sell: DEVILLIERS DAVID H JR Sells 2,500 Shares of FRP Holdings Inc (FRPH)

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Nov 20, 2024
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On November 18, 2024, DEVILLIERS DAVID H JR, President of FRP Development Corp, a subsidiary of FRP Holdings Inc (FRPH, Financial), sold 2,500 shares of the company. Following this transaction, the insider now owns 57,268 shares of the company. FRP Holdings Inc is a real estate company engaged in various activities, including the acquisition, development, and management of commercial properties. The company operates primarily in the Mid-Atlantic and Southeastern United States. 1859295813914750976.png The insider transaction history for FRP Holdings Inc indicates that there have been no insider buys over the past year, while there have been 19 insider sells during the same period. Over the past year, DEVILLIERS DAVID H JR has sold a total of 22,672 shares and has not purchased any shares. 1859295835448307712.png On the day of the recent sale, shares of FRP Holdings Inc were trading at $31.5, giving the stock a market cap of $595.127 million. The company's price-earnings ratio stands at 78.18, which is higher than the industry median of 14.61 and also higher than the company’s historical median price-earnings ratio. With a price of $31.5 and a GuruFocus Value of $31.86, FRP Holdings Inc has a price-to-GF-Value ratio of 0.99, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

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