On December 23, 2024, Elizabeth Davis, a Director at Comstock Resources Inc (CRK, Financial), sold 30,000 shares of the company. Following this transaction, the insider now owns 123,781 shares of the company. The details of this transaction can be found in the SEC Filing.
Comstock Resources Inc is an independent energy company engaged in the acquisition, development, production, and exploration of oil and natural gas properties. The company primarily operates in the Haynesville shale, one of the largest natural gas fields in the United States.
The insider transaction history for Comstock Resources Inc shows that there have been 7 insider buys in total over the past year. Meanwhile, there has been 1 insider sell over the same timeframe, which was conducted by Elizabeth Davis.
On the day of the transaction, shares of Comstock Resources Inc were trading at $15.99 each, giving the stock a market cap of $4.871 billion. The stock's GF Value was estimated at $6.01, resulting in a price-to-GF-Value ratio of 2.66. This indicates that the stock is significantly overvalued 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 that the stock has traded at. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
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.
