Christopher Michael Guthrie Sells 1,633 Shares of Comstock Holding Companies, Inc. (NASDAQ:CHCI) Stock

Key Points

• CFO Christopher Michael Guthrie sold 1,633 shares of Comstock Holding Companies at an average price of $15.07, resulting in a 1.37% decrease in his ownership.
• Following the sale, Comstock's stock price is currently at $14.95, reflecting a 1.0% decline during recent trading.
• The company's latest earnings report revealed $0.14 earnings per share and revenue of $12.97 million for the quarter.

Comstock Holding Companies, Inc. (NASDAQ:CHCI - Get Free Report) CFO Christopher Michael Guthrie sold 1,633 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $15.07, for a total value of $24,609.31. Following the transaction, the chief financial officer directly owned 117,912 shares of the company's stock, valued at $1,776,933.84. This trade represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Christopher Michael Guthrie also recently made the following trade(s):

• On Tuesday, August 12th, Christopher Michael Guthrie sold 4,367 shares of Comstock Holding Companies stock. The shares were sold at an average price of $14.82, for a total value of $64,718.94.

Comstock Holding Companies Stock Down 1.0%

Shares of NASDAQ:CHCI traded down $0.15 during trading on Thursday, hitting $14.95. 17,625 shares of the company traded hands, compared to its average volume of 23,842. The stock has a market capitalization of $150.25 million, a price-to-earnings ratio of 9.90 and a beta of 0.07. The business's fifty day moving average is $11.52 and its 200-day moving average is $9.77. Comstock Holding Companies, Inc. has a one year low of $6.31 and a one year high of $15.25.

Comstock Holding Companies (NASDAQ:CHCI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The construction company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $12.97 million during the quarter. Comstock Holding Companies had a return on equity of 30.98% and a net margin of 28.35%.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Comstock Holding Companies from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 5th.

Hedge Funds Weigh In On Comstock Holding Companies

Several hedge funds and other institutional investors have recently made changes to their positions in CHCI. Geode Capital Management LLC boosted its position in shares of Comstock Holding Companies by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 174,550 shares of the construction company's stock worth $1,395,000 after buying an additional 4,433 shares during the period. Renaissance Technologies LLC lifted its position in Comstock Holding Companies by 1.4% in the fourth quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company's stock worth $1,224,000 after purchasing an additional 2,100 shares during the period. Barclays PLC acquired a new stake in Comstock Holding Companies in the fourth quarter worth approximately $40,000. Dimensional Fund Advisors LP lifted its position in Comstock Holding Companies by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company's stock worth $272,000 after purchasing an additional 1,888 shares during the period. Finally, Truffle Hound Capital LLC acquired a new stake in Comstock Holding Companies in the second quarter worth approximately $1,146,000. 6.45% of the stock is currently owned by institutional investors and hedge funds.

Comstock Holding Companies Company Profile

Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.

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