On August 29, 2024, President DEVILLIERS DAVID H JR sold 4,134 shares of FRP Holdings Inc (FRPH, Financial) as reported in a recent SEC Filing. Following this transaction, the insider now owns 62,755 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 18,918 shares and has not purchased any shares. This recent transaction continues a trend observed over the last year, where there have been 12 insider sells and no insider buys.
Shares of FRP Holdings Inc were priced at $30 on the day of the transaction. The company currently has a market cap of approximately $564.634 million. The price-earnings ratio stands at 75.11, significantly above both the industry median of 14.3 and the company's historical median.
According to the GF Value, the intrinsic value of FRP Holdings Inc is estimated at $32.79 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.91.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at FRP Holdings Inc.
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.
