Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Sells $80,936.00 in Stock

Five Point Holdings, LLC (NYSE:FPHGet Rating) major shareholder Luxor Capital Group, Lp sold 13,400 shares of the business’s stock in a transaction on Wednesday, April 13th. The shares were sold at an average price of $6.04, for a total transaction of $80,936.00. Following the sale, the insider now owns 189,402 shares of the company’s stock, valued at approximately $1,143,988.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

  • On Monday, April 18th, Luxor Capital Group, Lp sold 5,700 shares of Five Point stock. The stock was sold at an average price of $5.86, for a total transaction of $33,402.00.

Shares of Five Point stock traded down $0.17 during trading on Monday, hitting $5.81. 216,761 shares of the stock were exchanged, compared to its average volume of 121,421. The company has a fifty day moving average of $6.13. The stock has a market cap of $862.29 million, a PE ratio of 64.67 and a beta of 1.37. Five Point Holdings, LLC has a 12 month low of $5.26 and a 12 month high of $8.93.

Separately, TheStreet upgraded shares of Five Point from a “d+” rating to a “c” rating in a research report on Tuesday, April 12th.

Several institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in shares of Five Point by 16.4% during the second quarter. Wells Fargo & Company MN now owns 14,419 shares of the company’s stock worth $116,000 after acquiring an additional 2,031 shares during the last quarter. Barclays PLC grew its position in Five Point by 4.0% in the 3rd quarter. Barclays PLC now owns 73,973 shares of the company’s stock valued at $580,000 after buying an additional 2,855 shares in the last quarter. Geode Capital Management LLC grew its position in Five Point by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 204,185 shares of the company’s stock valued at $1,598,000 after buying an additional 3,231 shares in the last quarter. Credit Suisse AG grew its position in Five Point by 11.4% in the 3rd quarter. Credit Suisse AG now owns 47,672 shares of the company’s stock valued at $374,000 after buying an additional 4,878 shares in the last quarter. Finally, Raymond James & Associates grew its position in Five Point by 3.8% in the 3rd quarter. Raymond James & Associates now owns 146,994 shares of the company’s stock valued at $1,151,000 after buying an additional 5,337 shares in the last quarter. Institutional investors and hedge funds own 37.13% of the company’s stock.

About Five Point (Get Rating)

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, medical campus, and other properties; and provides development and property management services.

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