John Lorson, VP & Chief Accounting Officer of Arch Resources Inc, has sold 1,471 shares of the company on February 13, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $168.5 per share, resulting in a total value of $247,945.5.
Arch Resources Inc is a leading natural resource company that produces and markets coal and other mineral products. The company is primarily involved in the mining, processing, and marketing of thermal and metallurgical coal, which is used in power generation and steel production. With mining complexes across major coal-producing regions in the United States, Arch Resources plays a significant role in supplying the energy and steel industries.
Over the past year, the insider has sold a total of 1,945 shares of Arch Resources Inc and has not made any purchases of the stock. The recent sale by John Lorson is part of a broader trend observed within the company, where there have been 25 insider sells and no insider buys over the past year.
On the valuation front, Arch Resources Inc's shares were trading at $168.5 on the day of the insider's sale, giving the company a market capitalization of $3.123 billion. The stock's price-earnings ratio stands at 4.13, which is below both the industry median of 13.13 and the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a share price of $168.5 and a GF Value of $121.40, Arch Resources Inc is currently deemed Significantly Overvalued with a price-to-GF-Value ratio of 1.39.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's valuation and future prospects. The recent insider selling activity at Arch Resources Inc may attract attention from the market as stakeholders evaluate the implications of such transactions.
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.
