Comstock Holding Companies, Inc. (NASDAQ:CHCI) COO Timothy Steffan Sells 1,345 Shares

Comstock Holding Companies, Inc. (NASDAQ:CHCI - Get Free Report) COO Timothy Steffan sold 1,345 shares of Comstock Holding Companies stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $10.00, for a total value of $13,450.00. Following the completion of the sale, the chief operating officer now directly owns 109,965 shares of the company's stock, valued at $1,099,650. The trade was a 1.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Timothy Steffan also recently made the following trade(s):

• On Thursday, June 5th, Timothy Steffan sold 4,425 shares of Comstock Holding Companies stock. The stock was sold at an average price of $10.00, for a total value of $44,250.00.
• On Tuesday, June 3rd, Timothy Steffan sold 200 shares of Comstock Holding Companies stock. The stock was sold at an average price of $10.00, for a total transaction of $2,000.00.

Comstock Holding Companies Stock Up 0.2%

NASDAQ CHCI traded up $0.02 during trading hours on Friday, hitting $9.85. 4,990 shares of the company were exchanged, compared to its average volume of 25,881. Comstock Holding Companies, Inc. has a 52-week low of $5.90 and a 52-week high of $14.48. The firm has a market cap of $98.90 million, a price-to-earnings ratio of 16.69 and a beta of 0.14. The company has a 50 day moving average of $9.81 and a two-hundred day moving average of $8.69.

Comstock Holding Companies (NASDAQ:CHCI - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The construction company reported $0.15 EPS for the quarter. The company had revenue of $12.64 million for the quarter. Comstock Holding Companies had a net margin of 13.44% and a return on equity of 15.65%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen assumed coverage on shares of Comstock Holding Companies in a research report on Wednesday, April 23rd. They issued a "buy" rating for the company.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC acquired a new stake in shares of Comstock Holding Companies during the 4th quarter worth about $40,000. Dimensional Fund Advisors LP increased its stake 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 valued at $272,000 after purchasing an additional 1,888 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Comstock Holding Companies by 1.4% during 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 in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Comstock Holding Companies by 2.6% during the 4th 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 last quarter. 6.45% of the stock is 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.