On December 3, 2024, Leslie Moriyama, Chief Financial Officer of Dorchester Minerals Management LP, purchased 12,050 shares of Dorchester Minerals LP (DMLP, Financial). Following this transaction, the insider now holds a total of 77,907 shares in the company. The details of this transaction can be found in the SEC Filing.
Dorchester Minerals LP is a company engaged in the acquisition, ownership, and administration of producing and non-producing mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenue from the production and sale of oil and natural gas.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been 14 insider buys and no insider sells, indicating a positive sentiment among insiders towards the company's prospects.
On the day of the purchase, shares of Dorchester Minerals LP were trading at $34.41, giving the stock a market cap of $1.568 billion. The company's price-earnings ratio stands at 11.88, which is slightly higher than the industry median of 11.7 but lower than the company's historical median.
The GF Value for Dorchester Minerals LP is estimated at $33.70, resulting in a price-to-GF-Value ratio of 1.02. This suggests that the stock is fairly valued according to the GF Value metric.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
In summary, Leslie Moriyama's recent acquisition of shares in Dorchester Minerals LP aligns with a trend of insider buying within the company, reflecting confidence in its future performance.
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.
