Insider Selling: Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Sells 11,796 Shares of Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 11,796 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $2.99, for a total value of $35,270.04. Following the completion of the transaction, the insider now directly owns 56,353 shares of the company’s stock, valued at approximately $168,495.47. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Friday, April 19th, Luxor Capital Group, Lp sold 43,509 shares of Five Point stock. The shares were sold at an average price of $3.07, for a total value of $133,572.63.
• On Monday, April 22nd, Luxor Capital Group, Lp sold 21,794 shares of Five Point stock. The shares were sold at an average price of $3.03, for a total value of $66,035.82.
• On Wednesday, April 17th, Luxor Capital Group, Lp sold 700 shares of Five Point stock. The shares were sold at an average price of $3.10, for a total value of $2,170.00.
• On Monday, April 15th, Luxor Capital Group, Lp sold 725 shares of Five Point stock. The shares were sold at an average price of $3.17, for a total value of $2,298.25.
• On Friday, April 12th, Luxor Capital Group, Lp sold 546 shares of Five Point stock. The shares were sold at an average price of $3.11, for a total value of $1,698.06.
• On Wednesday, April 10th, Luxor Capital Group, Lp sold 23,881 shares of Five Point stock. The stock was sold at an average price of $3.07, for a total value of $73,314.67.
• On Monday, April 8th, Luxor Capital Group, Lp sold 3,971 shares of Five Point stock. The stock was sold at an average price of $3.19, for a total value of $12,667.49.
• On Monday, April 1st, Luxor Capital Group, Lp sold 4,163 shares of Five Point stock. The stock was sold at an average price of $3.15, for a total value of $13,113.45.
• On Thursday, March 28th, Luxor Capital Group, Lp sold 1,251 shares of Five Point stock. The stock was sold at an average price of $3.20, for a total value of $4,003.20.
• On Tuesday, March 26th, Luxor Capital Group, Lp sold 7,732 shares of Five Point stock. The stock was sold at an average price of $3.19, for a total value of $24,665.08.

Five Point Price Performance

NYSE FPH opened at $2.89 on Friday. The firm has a market cap of $428.56 million, a PE ratio of 3.40 and a beta of 1.43. Five Point Holdings, LLC has a one year low of $2.13 and a one year high of $3.74. The stock’s 50 day simple moving average is $3.10 and its 200 day simple moving average is $2.91.

Wall Street Analyst Weigh In

Separately, TheStreet raised Five Point from a “d” rating to a “c-” rating in a report on Friday, January 19th.

Institutional Investors Weigh In On Five Point

A number of large investors have recently bought and sold shares of FPH. Aristeia Capital LLC bought a new stake in Five Point during the 3rd quarter worth approximately $54,000. WINTON GROUP Ltd bought a new stake in Five Point during the 3rd quarter worth approximately $80,000. Bfsg LLC bought a new stake in Five Point during the 3rd quarter worth approximately $116,000. LexAurum Advisors LLC grew its position in Five Point by 386.1% during the 4th quarter. LexAurum Advisors LLC now owns 102,561 shares of the company’s stock worth $315,000 after acquiring an additional 81,461 shares during the last quarter. Finally, Raymond James & Associates grew its position in Five Point by 6.7% during the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock worth $849,000 after acquiring an additional 17,833 shares during the last quarter. 38.09% of the stock is currently owned by institutional investors.

Five Point Company Profile

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, research and development, medical campus, and other properties; and provides development and property management services.