James Maccutcheon Sells Shares of Comstock Holding Co Inc (CHCI)

James Maccutcheon, a Director at Comstock Holding Co Inc (CHCI), sold 4,655 shares on August 13, 2025. He now owns 143,416 shares of the company. CHCI is a diversified real estate development and construction services company involved in residential and commercial property development, construction management, general contracting, and real estate asset management. The stock is trading at $15.08, with a price-earnings ratio of 10.00 and a GF Value of $6.69, indicating it is overvalued based on its GF Value.

Comstock Holding Co Inc (CHCI) reported robust earnings for the second quarter of 2025, driving its stock price higher. The company's shares have gained 10.9% since the earnings release, outperforming the S&P 500 index's 0.5% growth over the same period [1]. Over the past month, CHCI's stock has advanced 24.2%, topping the S&P 500's 2.1% gain [2].

The company reported earnings per share (EPS) of 14 cents, up from 9 cents in the prior-year quarter. Revenue rose 21% to $13 million from $10.8 million, while net income increased 53% to $1.4 million compared with $1 million a year earlier. Adjusted EBITDA also improved, climbing 39% to $2.2 million from $1.6 million in the same period last year [1].

Recurring, fee-based revenues from property management and operating subsidiaries surged 42%, supported by a 124% increase in third-party revenue from the ParkX parking management business. ParkX alone reported a 55% year-over-year revenue gain and expanded its service portfolio to include porter and janitorial offerings, positioning it for further growth in 2025 and beyond [1]. The company's managed portfolio expanded to 82 assets from 69 a year earlier, with its stabilized commercial portfolio 93% leased and residential portfolio 97% leased. Notably, average in-place rents for residential assets rose 3% over last year [1].

Leasing momentum remained solid, with seven commercial leases totaling 33,000 square feet signed in the quarter and 118,000 square feet leased year-to-date. On the residential side, 296 units were leased year to date, underlining healthy demand across asset classes [1].

The company's Chairman and CEO, Christopher Clemente, emphasized the effectiveness of its strategic plan and low-risk, high-reward business model. He highlighted the company's debt-free balance sheet, more than $2 million in operating cash generated in the quarter, and the stability offered by its long-term asset and property management agreements [1].

Key operational milestones for the remainder of 2025 include the delivery of Phase II of Reston Station — The Row. This phase features high-profile assets such as a JW Marriott luxury hotel and condominiums, a luxury residential tower, trophy-class office buildings, and premium retail spaces [1].

On August 13, 2025, James Maccutcheon, a Director at CHCI, sold 4,655 shares, reducing his ownership to 143,416 shares. CHCI is trading at $15.08, with a price-earnings ratio of 10.00 and a GF Value of $6.69, indicating it is overvalued based on its GF Value [3].

References:
[1] https://www.nasdaq.com/articles/comstock-q2-earnings-surge-y-y-recurring-fee-growth
[2] https://www.tradingview.com/news/zacks:426fc5be5094b:0-comstock-q2-earnings-surge-y-y-on-recurring-fee-growth/
[3] https://www.gurufocus.com/news/3046942/comstock-holding-co-inc-reports-q2-2025-earnings-eps-at-014-revenue-reaches-130-million