Insider Sell: Director Jason Martinez Sells Shares of Gulfport Energy Corp (GPOR)

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Jason Martinez, a director at Gulfport Energy Corp (NYSE:GPOR), sold 1,235 shares of the company on January 8, 2024, according to a recent SEC Filing.

Gulfport Energy Corp is an independent natural gas and oil company focused on the exploration, development, acquisition, and production of natural gas, natural gas liquids, and crude oil in the United States.

Over the past year, the insider has sold a total of 1,235 shares and has not made any purchases of the company's stock. The insider transaction history for Gulfport Energy Corp shows a pattern of 7 insider sells and 0 insider buys over the past year.

On the date of the insider's recent transaction, shares of Gulfport Energy Corp were trading at $122.15, giving the company a market cap of $2.274 billion.

The stock's price-earnings ratio stands at 1.43, which is below the industry median of 9.46 and also below the company’s historical median price-earnings ratio.

With the current share price of $122.15 and a GuruFocus Value of $48,775.42, Gulfport Energy Corp has a price-to-GF-Value ratio of 0, indicating that the stock is considered a Possible Value Trap, Think Twice according to its GF Value.

The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.

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Investors and shareholders may want to monitor insider transaction trends and consider the company's valuation metrics when making investment decisions.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.