Insider Trading February 24, 2026

Comfort Systems USA Director Sells $702,500 in Stock as Shares Hover Near Yearly Peak

Pablo G. Mercado disposed of 500 shares amid strong quarterly results and an elevated market valuation

By Nina Shah FIX
Comfort Systems USA Director Sells $702,500 in Stock as Shares Hover Near Yearly Peak
FIX

Pablo G. Mercado, a director at Comfort Systems USA Inc., sold 500 shares on February 23, 2026, for $702,500, according to an SEC Form 4. The transaction occurred as the stock traded close to its 52-week high after a 296% one-year gain. Recent company results and an analyst price-target increase have coincided with market commentary that the shares look overvalued versus fair value estimates.

Key Points

  • Director Pablo G. Mercado sold 500 shares of Comfort Systems USA on February 23, 2026, for $1,405 per share, totaling $702,500; he now directly owns 3,500 shares valued at roughly $5.1 million - markets, corporate governance.
  • Comfort Systems USA outperformed expectations in Q4 2025 with EPS of $9.37 versus a $6.73 forecast and revenue of $2.65 billion versus $2.33 billion, prompting an analyst price-target increase - earnings, financials.
  • Market commentary flags the stock as overvalued relative to its Fair Value estimate and on a Most Overvalued list, even as at least one analyst raised its price target citing strong earnings, cash flow, and bookings - valuation, investor sentiment.

Pablo G. Mercado, a director at Comfort Systems USA Inc. (NYSE: FIX), reported the sale of 500 shares of common stock on February 23, 2026, in a Form 4 filing with the Securities and Exchange Commission. The shares changed hands at an average price of $1,405 each, producing total proceeds of $702,500.

The insider sale comes while FIX shares trade near their 52-week peak of $1,476, reflecting a one-year return of 296%.

An analysis cited in market commentary indicates the stock currently appears overvalued relative to its Fair Value estimate and is listed among companies in a Most Overvalued category. That analysis also notes the availability of 20 additional ProTips and comprehensive Pro Research Reports for FIX to provide further valuation context.

After the transaction, Mercado directly holds 3,500 shares of Comfort Systems USA, which are valued at approximately $5.1 million based on prevailing market prices.


Comfort Systems USA recently posted quarterly results that beat consensus expectations. For the fourth quarter of 2025 the company reported earnings per share of $9.37, ahead of the $6.73 estimate. Revenue for the quarter reached $2.65 billion, topping the forecast of $2.33 billion.

Following those results, DA Davidson increased its price target for Comfort Systems USA shares from $1,200 to $1,800 while reiterating a Buy rating. The firm pointed to a strong quarter of earnings, cash flow, and bookings in explaining the higher estimates and raised price target.

Taken together, the insider sale, the company’s better-than-expected fourth-quarter performance, and the upward revision in analyst expectations are concurrent developments in the stock’s recent run-up. Market commentary describing the shares as overvalued relative to a Fair Value estimate coexists with analyst support based on recent operating metrics.

Details recorded on the Form 4 confirm the precise terms of the director’s trade and his remaining direct holdings. The public filing and the company’s reported quarterly metrics provide the factual basis for the timing and market context of the transaction.

Investors and observers can look to the disclosed Form 4, the company’s reported results, and the analyst update for primary documentation of the figures and statements cited here.

Risks

  • Valuation risk - market commentary indicates the shares appear overvalued relative to a Fair Value estimate, which may affect investor returns if expectations shift - markets, investors.
  • Insider transaction timing - an insider sale while the stock trades near its 52-week high may introduce uncertainty for shareholders assessing management alignment - corporate governance, equity markets.
  • Analyst and market divergence - while at least one analyst raised its price target after the quarter, other valuation assessments place the stock among the most overvalued, creating potential volatility as views reconcile - equity research, trading.

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