On December 20, 2024, Richard Cooley, a Director at Diamond Hill Investment Group Inc, purchased 1,000 shares of the company. Following this transaction, the insider now owns a total of 9,387 shares. The transaction details can be found in the SEC Filing.
Diamond Hill Investment Group Inc (DHIL, Financial) is an investment management firm that provides services to individuals, corporations, and institutions. The company offers a range of investment strategies, including equity, fixed income, and alternative investments.
The insider's recent purchase is part of a broader trend within the company. Over the past year, there have been four insider buys and nine insider sells. This indicates a mixed sentiment among the company's insiders.
On the day of the purchase, shares of Diamond Hill Investment Group Inc were trading at $152.25, giving the stock a market cap of $411.527 million. The company's price-earnings ratio stands at 8.58, which is lower than the industry median of 10.55 and also below the company's historical median price-earnings ratio.
The GF Value of Diamond Hill Investment Group Inc is estimated at $174.87, resulting in a price-to-GF-Value ratio of 0.87. This suggests that the stock is modestly undervalued based on its GF Value.
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 the past year, Richard Cooley has purchased a total of 1,500 shares and has not sold any shares, indicating a positive outlook on the company's future prospects.
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.
