Clint Hurt, a director at PrimeEnergy Resources Corp (NASDAQ:PNRG), reported the sale of 2,869 shares of the company’s common stock over two transactions at the end of December. The shares were sold at prices ranging from $223.00 to $234.09 per share, amounting to a total transaction value of $650,843. The sales occurred near the stock’s 52-week high of $243.49, with PNRG showing remarkable strength through a 98% return over the past year. According to InvestingPro analysis, the company currently appears overvalued despite trading at a P/E ratio of 6.4. Following these sales, Hurt holds 137,894 shares directly and indirectly through Clint Hurts and Associates, a privately controlled company. The $365 million market cap company maintains a "GREAT" financial health score, with InvestingPro subscribers having access to 6 additional key insights about PNRG’s financial position and growth prospects.
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