On September 13, 2024, Edward Earle, EVP & GENERAL COUNSEL of Orion Group Holdings Inc (ORN, Financial), purchased 15,633 shares of the company. The transaction was documented in a recent SEC Filing. Following this acquisition, the insider now owns a total of 86,235 shares of Orion Group Holdings Inc.
Orion Group Holdings Inc operates in the construction sector, specializing in marine construction services and solutions. The company's activities include building, restoration, and maintenance of marine structures, among other construction services.
Over the past year, the insider has increased their holdings by purchasing a total of 24,633 shares. There have been no sales recorded by the insider during this period. In the past year, Orion Group Holdings Inc has experienced a total of 11 insider buys and 2 insider sells.
On the date of the latest purchase by the insider, shares of Orion Group Holdings Inc were priced at $6.05. The company's market cap stood at $242.72 million. According to the GF Value, the intrinsic value estimate for the stock is $3.81, indicating that the stock is significantly overvalued with a price-to-GF-Value ratio of 1.59.
The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider transaction provides an update on the investment actions of high-level executives within Orion Group Holdings Inc, reflecting their ongoing commitment to the company's stock.
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.
