Comstock (LODE) CFO Judd Merrill Buys 304,449 Shares

Judd Merrill, the Chief Financial Officer of Comstock Inc. (NYSE American: LODE), made a significant move by purchasing 304,449 shares of the company on June 15, 2026. This insider buying activity reflects Merrill's confidence in the company's future prospects.

Insider Buying and Selling at Comstock Inc.

Judd Merrill wasn't the only insider making moves. On the same day, Chief Accounting Officer Matthew Bieberly bought a total of 129,072 shares, and CEO Corrado De Gasperis acquired 866,311 shares. These transactions were not part of any pre-arranged trading plans, suggesting personal investment decisions.

Other Institutional Activity in Comstock Inc.

Several institutional investors also adjusted their positions in Comstock Inc. Hood River Capital Management LLC significantly increased its stake by 4,469,691 shares, bringing its total to 6,284,958 shares valued at approximately $19.2 million. MAK Capital One LLC added 5,763,729 shares to its portfolio. Vanguard Capital Management LLC also took a new position with 2,958,957 shares worth about $9 million. Meanwhile, Susquehanna International Group, LLP increased its holdings by 1,322,588 shares, ending with 2,014,585 shares valued at $6.1 million.

Comstock Inc. Stock Up 62.6%

Shares of Comstock Inc. are trading at $4.31. The company has a market capitalization of $327.2 million and a forward P/E ratio of 13.47. The stock has seen a 52-week low of $2.24 and a high of $4.80. Its 50-day moving average is $3.53, while the 200-day moving average is $3.35. Comstock Inc. maintains a strong liquidity position with a current ratio of 4.51 and a quick ratio of 3.12, though its debt-to-equity ratio stands at 12.18.

Recent Earnings

Comstock Inc. reported revenue of $1.08 million, though it experienced a revenue decline of 60.1%. The company is not currently profitable, with a negative return on equity of -39.63%. The next earnings report is anticipated on August 13, 2026.

Analysts Set New Price Targets

Ladenburg Thalmann downgraded its rating on the stock to hold with a price target of $4.00 on August 18, 2025. Previously, on July 29, 2025, the firm had initiated coverage with a buy rating and a $12.00 target. Noble Financial has consistently maintained a buy rating, with its latest target set at $4.00 on April 8, 2024.

About Comstock Inc.

Comstock Inc., headquartered in Virginia City, Nevada, is involved in commercializing technologies that convert waste and natural resources into clean energy and related products. The company operates through various segments, including Fuels, Metals, Mining, and Strategic Investments. It also owns projects in Nevada and offers engineering and construction services, alongside investments in real estate and securities.

Bottom Line

Judd Merrill's purchase of Comstock Inc. shares underscores his belief in the company's direction. The stock's performance and institutional interest highlight its role in the precious metals and clean energy sectors. As always, it's important to remember that insider transactions, like 13F filings, reflect past actions and may not indicate future performance.