Dennis Gartman Increases Stake in Armada Hoffler Properties Inc

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Dec 13, 2024
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On December 11, 2024, Dennis Gartman, a Director at Armada Hoffler Properties Inc, purchased 4,500 shares of the company. Following this transaction, the insider now owns a total of 31,649 shares. The transaction details can be found in the SEC Filing. Armada Hoffler Properties Inc (AHH, Financial) is a real estate company that develops, builds, acquires, and manages office, retail, and multifamily properties in the Mid-Atlantic and Southeastern United States. The company is involved in various aspects of real estate, including construction and development. The insider transaction history for Armada Hoffler Properties Inc indicates a total of 20 insider buys and 2 insider sells over the past year. Dennis Gartman has been active in the market, purchasing a total of 18,000 shares over the past year without any sales. 1867600526888300544.png On the day of the recent purchase, shares of Armada Hoffler Properties Inc were trading at $10.85, giving the stock a market cap of $861.569 million. The company's GF Value is estimated at $18.37, resulting in a price-to-GF-Value ratio of 0.59. This suggests that the stock is considered a "Possible Value Trap, Think Twice" based on its GF Value. 1867600554780422144.png The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, along with future estimates of business performance from Morningstar analysts.

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