On December 27, 2024, Elizabeth Davis, a Director at Comstock Resources Inc (CRK, Financial), sold 16,149 shares of the company. Following this transaction, the insider now owns 107,632 shares of the company. This transaction is documented in the SEC Filing.
Comstock Resources Inc (CRK) 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, a premier natural gas basin located in East Texas and North Louisiana.
Over the past year, Elizabeth Davis has sold a total of 46,149 shares and has not purchased any shares. The insider transaction history for Comstock Resources Inc shows that there have been 7 insider buys and 2 insider sells over the past year.
On the day of the recent sale, shares of Comstock Resources Inc were trading at $16.98 each, giving the stock a market cap of $4.994 billion. The stock's GF Value is estimated at $5.99, resulting in a price-to-GF-Value ratio of 2.83. 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.
