Adrian Johnson
TLDR:
- Chief Accounting Officer of Par Pacific Holdings Inc, Ivan Guerra, sold 6,000 shares of the company on March 13, 2024.
- Over the past year, there have been 7 insider sells and no insider buys of the company’s stock.
Key Elements:
Par Pacific Holdings Inc, an energy company focused on refining, retail, and logistics in the United States, recently saw its Chief Accounting Officer, Ivan Guerra, sell 6,000 shares of the company on March 13, 2024. This sale is part of a pattern of insider sales over the past year, with a total of 7 insider sells and no insider buys recorded.
The stock’s price-earnings ratio currently stands at 3.07, which is below both the industry median of 10.41 and the company’s own historical median price-earnings ratio. Despite this, with a share price of $37.49 and a GuruFocus Value of $31.65, Par Pacific Holdings Inc is considered modestly overvalued with a price-to-GF-Value ratio of 1.18.
The GF Value is determined based on historical trading multiples, an adjustment factor, and future performance estimates provided by Morningstar analysts. It’s important to note that the information provided by GuruFocus is meant to offer general insights and is not tailored financial advice. The analysis is rooted in historical data and analyst projections, using an impartial methodology, and should not be considered specific investment guidance.
