Director Bradford Whitehurst buys 10,000 shares of USA Compression Partners LP (USAC)

On May 10, 2024, USA Compression Partners LP (NYSE:USAC) Director Bradford Whitehurst purchased 10,000 shares of the company’s stock, as reported in a recent SEC filing. This transaction increased the insider’s total holdings in the company to 10,000 shares.

USA Compression Partners LP is engaged in providing natural gas compression services. It offers services from the design and manufacture of compression units to the maintenance and repair of customer-owned compression equipment.

The shares were bought at a price of $24.66 each, valuing the transaction at approximately $246,600. Following this acquisition, USA Compression Partners LP’s market capitalization stands at $2.81 billion.

The stock’s price-to-earnings ratio is 58.51, which is above the industry median of 11.36. The stock’s GF value is estimated at $22.37, leading to a GF price-to-value ratio of 1.1, indicating that the stock is fairly valued.

In the last year, there have been 2 insider buys and 21 insider sales at USA Compression Partners LP. The insider trading trend shows more selling than buying, suggesting mixed sentiment among company insiders.

GF, a measure of intrinsic value, is calculated based on historical multiples such as price-to-sales ratio, price-to-book ratio and price-to-free cash flow, along with a GuruFocus adjustment factor and future estimates of business performance.

This recent purchase by director Bradford Whitehurst could be a signal to investors about the insider’s confidence in USA Compression Partners LP’s future prospects.

This article, generated by GuruFocus, is designed to provide general information and is not personalized financial advice. Our commentary is rooted in historical data and analyst projections using an unbiased methodology and is not intended to serve as a specific investment guide. It does not make a recommendation to buy or sell shares and does not take into account individual investment objectives or financial circumstances. Our objective is to provide fundamental analysis based on long-term data. Note that our analysis may not include the company’s most recent price-sensitive announcements or qualitative information. GuruFocus does not hold any position in the actions mentioned here.

This article first appeared on GuruFocus.