Director Daniel Smith has sold 4,000 shares of Alpha Metallurgical Resources Inc (NYSE:AMR), according to a recent SEC filing. The transaction took place on February 29, 2024, with the shares being sold at a market price of $370 each. This sale has contributed to the insider's total sale of 4,000 shares over the past year, with no recorded purchases in the same period.
Alpha Metallurgical Resources Inc is a company engaged in the production of metallurgical coal used in the steelmaking process. Its operations are primarily based in the United States, and it serves both domestic and international markets.
The insider transaction history for Alpha Metallurgical Resources Inc shows a pattern of insider sales, with 14 insider sells and no insider buys over the past year.
On the valuation front, Alpha Metallurgical Resources Inc's shares were trading at $370 on the day of the insider's sale, giving the company a market capitalization of $5.016 billion. The price-earnings ratio stands at 7.75, which is below the industry median of 14 but above the company's historical median price-earnings ratio.
According to the GuruFocus Value assessment, with a share price of $370 and a GF Value of $172.40, Alpha Metallurgical Resources Inc has a price-to-GF-Value ratio of 2.15, indicating that the stock is Significantly Overvalued.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by 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.
