Yahoo Finance Insider Sell: Director Jason Martinez Sells Shares of Gulfport Energy Corp (GPOR)
On May 6, 2024, Jason Martinez, Director at Gulfport Energy Corp (NYSE:GPOR), executed a sale of 800 shares of the company. The transaction was filed on the same day with the SEC. Over the past year, the insider has sold a total of 2,035 shares and has not made any purchases.
Gulfport Energy Corp is engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids in the United States.
The shares were sold at a price of $153.77, valuing the transaction at approximately $123,016. This sale occurred while the stock has a market cap of $2.86 billion and trades with a price-earnings ratio of 3.50, which is below the industry median of 11.15.
According to the GF Value, the intrinsic value estimate for Gulfport Energy Corp is $100.05 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.54.
The insider transaction history for Gulfport Energy Corp shows no insider buys over the past year, with 10 insider sells recorded in the same period.
This recent sale by Director Jason Martinez follows the trend of insider selling at Gulfport Energy Corp, suggesting a consistent pattern of stock disposals by insiders over the past year.
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.
This article first appeared on GuruFocus.
