Insider Selling: St. Joe (NYSE:JOE) Major Shareholder Sells 3,900 Shares of Stock

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 3,900 shares of St. Joe stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $71.01, for a total transaction of $276,939.00. Following the completion of the transaction, the insider directly owned 16,136,124 shares in the company, valued at approximately $1,145,826,165.24. The trade was a 0.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

St. Joe Stock Up 0.8%

Shares of JOE traded up $0.59 during mid-day trading on Friday, hitting $71.52. 156,441 shares of the company’s stock were exchanged, compared to its average volume of 180,101. St. Joe Company has a 52 week low of $40.19 and a 52 week high of $71.90. The company has a 50-day simple moving average of $64.34 and a 200 day simple moving average of $56.90. The company has a market cap of $4.13 billion, a PE ratio of 39.73 and a beta of 1.34. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.25 and a quick ratio of 2.25.

Analysts Set New Price Targets

Several research firms recently issued reports on JOE. Wall Street Zen raised St. Joe from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of St. Joe in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Trending Headlines about St. Joe

Here are the key news stories impacting St. Joe this week:

• Positive Sentiment: St. Joe broke ground on a third Watersound Real Estate sales center at Watersound West Bay Center — expansion of its boutique brokerage increases on‑the‑ground sales capacity for new communities and supports near‑term lot/home sales and marketing momentum. Article Title
• Neutral Sentiment: Local and community headlines (high‑school sports, school board items, community facility openings) are being reported for St. Joseph areas but are unlikely to move the stock materially. Article Title
• Negative Sentiment: Major shareholder Bruce R. Berkowitz sold a series of blocks of JOE shares Feb. 18–20 totaling ~16,000 shares at ~ $71 per share (aggregate proceeds ≈ $1.14M). The disposals reduce his stake by roughly 0.10% overall — a small percentage that signals liquidity taking rather than a change in control, but investors sometimes interpret insider selling as a modest near‑term negative signal. SEC Filing

Institutional Investors Weigh In On St. Joe

Large investors have recently added to or reduced their stakes in the company. Camelot Portfolios LLC purchased a new stake in St. Joe during the 4th quarter worth about $30,000. Financial Consulate Inc. bought a new position in shares of St. Joe during the 3rd quarter valued at $31,000. EverSource Wealth Advisors LLC lifted its stake in shares of St. Joe by 155.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 652 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 397 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of St. Joe during the fourth quarter valued at approximately $32,000. Finally, Parkside Financial Bank & Trust increased its position in shares of St. Joe by 2,265.5% in the second quarter. Parkside Financial Bank & Trust now owns 686 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 657 shares during the period. Hedge funds and other institutional investors own 86.67% of the company’s stock.

St. Joe Company Profile

The St. Joe Company (NYSE: JOE) is a leading real estate development and asset management firm focused on Northwest Florida. Headquartered in Jacksonville, the company owns and manages approximately 171,000 acres of land across Bay, Gulf, Franklin and Walton counties. St. Joe’s core businesses include residential community development, commercial real estate, and hospitality, with an emphasis on master-planned neighborhoods, office and retail campuses, resort hotels and mixed-use town centers.

Founded in 1936 as a paper manufacturing company, St.