On December 13, 2024, Janine Mcardle, a Director at Antero Midstream Corp, purchased 1,174 shares of the company. Following this transaction, the insider now owns a total of 68,320 shares. The purchase was documented in a SEC Filing.
Antero Midstream Corp (AM, Financial) is a company that provides integrated and customized midstream services. The company focuses on gathering, compression, processing, and fractionation of natural gas and natural gas liquids.
The insider's recent activity shows that over the past year, Janine Mcardle has purchased a total of 1,174 shares and has not sold any shares. This transaction is part of a broader insider trend at Antero Midstream Corp, where there has been 1 insider buy and 3 insider sells over the past year.
On the day of the purchase, Antero Midstream Corp's shares were trading at $15.11, giving the company a market cap of $7.162 billion. The company's price-earnings ratio stands at 18.60, which is higher than the industry median of 11.54 and also higher than the company's historical median price-earnings ratio.
The GF Value for Antero Midstream Corp is estimated at $12.33, resulting in a price-to-GF-Value ratio of 1.23. This indicates that the stock is modestly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on 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, as well as future estimates of business performance from 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.
