Comstock Resources Set to Announce Earnings as Insider and Hedge Fund Activity Shifts

Comstock Resources ($CRK) is set to report its quarterly earnings on Tuesday, February 18th, after the market closes, according to Finnhub. Analysts predict revenue will reach $376,211,769, with earnings estimated at $0.02 per share.

Recent Insider Trading at Comstock Resources

In the past six months, insiders of Comstock Resources have traded $CRK shares 12 times on the open market. These trades included an equal number of purchases and sales, with 6 each.

Here’s a summary of the recent insider trading activities involving $CRK:

• DRILLING, L.P. ARKOMA purchased 4,849,138 shares for about $53,835,492 and made no sales.
• ELIZABETH B DAVIS did not purchase shares but sold 54,149 shares worth approximately $899,103.

For detailed reports on insider transactions, refer to Quiver Quantitative’s insider trading dashboard.

Shifts in Hedge Fund Activity for Comstock Resources

During the most recent quarter, 99 institutional investors increased their holdings in Comstock Resources, while 151 reduced their positions.

Notable changes in hedge fund activity include:

• ENCOMPASS CAPITAL ADVISORS LLC sold 1,541,458 shares (-61.8%) in Q4 2024, totaling around $28,085,364.
• UBS GROUP AG acquired 916,215 shares (+686.0%) in Q4 2024, investing approximately $16,693,437.
• COOPER CREEK PARTNERS MANAGEMENT LLC reduced their holdings by 878,074 shares (-30.5%) in Q4 2024, valued at around $15,998,508.
• HITE HEDGE ASSET MANAGEMENT LLC liquidated 630,459 shares (-100.0%) in Q3 2024, equating to roughly $7,017,008.
• BANK OF AMERICA CORP /DE/ decreased their position by 573,926 shares (-83.5%) in Q4 2024, worth around $10,456,931.
• MORGAN STANLEY added 480,207 shares (+25.7%) in Q4 2024, valued at approximately $8,749,371.
• AVENTAIL CAPITAL GROUP, LP acquired 457,719 shares (+inf%) in Q4 2024, worth about $8,339,640.

To monitor institutional holdings and hedge fund activities, visit Quiver Quantitative’s institutional holdings dashboard.

This article is not financial advice. Refer to Quiver Quantitative’s disclaimers for additional insights. Please note that inaccuracies may arise from ticker-mapping errors or other anomalies.

The opinions expressed here are solely those of the author and do not necessarily reflect the views of Nasdaq, Inc.