On May 1, 2024, Robert Clark, Director at Antero Resources Corp (AR, Financial), sold 10,000 shares of the company. The transaction was filed on the same day with the SEC.
Antero Resources Corp is engaged in the exploration, development, and production of natural gas, natural gas liquids, and oil properties located in the Appalachian Basin.
The shares were sold at a price of $33.67, valuing the transaction at approximately $336,700. Following this transaction, the insider's direct ownership in the company stands at 0 shares.
Over the past year, the insider has sold a total of 10,000 shares and has not made any purchases. The company has seen a total of 5 insider sells and 0 insider buys over the same period.
Antero Resources Corp currently has a market cap of $10.15 billion. The stock's price-earnings ratio is 163.30, significantly higher than the industry median of 11.135.
The stock is trading with a price-to-GF Value ratio of 1.92, indicating that it is significantly overvalued according to the GF Value estimate of $17.57.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This sale by the insider could be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics.
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.
