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Director Franklin Myers Acquires Shares of HF Sinclair Corp (DINO)

On June 12, 2024, Franklin Myers, a Director at HF Sinclair Corp (NYSE:DINO), purchased 2,000 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 140,293 shares of HF Sinclair Corp.

HF Sinclair Corp, primarily engaged in refining, marketing, and selling petroleum products, has seen a mix of insider buying and selling activities over the past year. There have been 4 insider buys and 10 insider sells during this period.

Shares of HF Sinclair Corp were priced at $52.04 on the day of the transaction. The company currently holds a market cap of approximately $10.00 billion. The price-earnings ratio stands at 6.44, which is below both the industry median of 11.34 and the company's historical median.

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According to GF Value, the stock is considered Fairly Valued with a price-to-GF-Value ratio of 0.96, based on a GF Value of $54.28. The GF Value calculation includes historical trading multiples, a GuruFocus adjustment factor based on past performance, and future business performance estimates.

Director Franklin Myers Acquires Shares of HF Sinclair Corp (DINO)
Director Franklin Myers Acquires Shares of HF Sinclair Corp (DINO)
Director Franklin Myers Acquires Shares of HF Sinclair Corp (DINO)
Director Franklin Myers Acquires Shares of HF Sinclair Corp (DINO)

Over the past year, Franklin Myers has increased his holdings in HF Sinclair Corp by purchasing a total of 17,680 shares. This trend in insider buying could be a signal to investors about the insiders perspective on the stock's future performance.

For more detailed information on HF Sinclair Corp's financial metrics such as price-sales ratio, price-book ratio, and price-to-free cash flow, investors are encouraged to visit the respective links.

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.

This article first appeared on GuruFocus.