Robert de Rothschild, a ten percent owner of PrimeEnergy Resources Corp (NASDAQ:PNRG), recently sold a total of 2,243 common shares of the company. The transactions, which took place on January 16 and 17, were executed at a weighted average price, with shares sold at prices ranging from $213.00 to $215.3550. The stock has shown remarkable strength, delivering a 112.83% return over the past year according to InvestingPro data. The total value of these sales amounts to approximately $479,177. Following these transactions, de Rothschild holds 256,768 shares indirectly through Amrace Inc. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. With a P/E ratio of 6.66 and strong financial health metrics, InvestingPro analysis reveals PrimeEnergy as potentially undervalued, showing robust profitability with earnings per share of $32.98 over the last twelve months.
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