Insider Selling: St. Joe (NYSE:JOE) Major Shareholder Sells $71,510.00 in Stock

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 1,000 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $71.51, for a total transaction of $71,510.00. Following the completion of the sale, the insider directly owned 16,135,124 shares in the company, valued at approximately $1,153,822,717.24. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

St. Joe Stock Performance

St. Joe stock opened at $71.52 on Monday. The firm has a market capitalization of $4.13 billion, a P/E ratio of 39.73 and a beta of 1.34. The stock has a fifty day moving average price of $64.52 and a two-hundred day moving average price of $57.14. St. Joe Company has a 52-week low of $40.19 and a 52-week high of $71.90. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.25 and a quick ratio of 2.25.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on JOE shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of St. Joe in a research report on Monday, December 29th. Wall Street Zen raised shares of St. Joe from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Key Headlines Impacting 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

A number of hedge funds and other institutional investors have recently made changes to their positions in JOE. EverSource Wealth Advisors LLC grew its holdings in shares of St. Joe by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 679 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 193 shares in the last quarter. HRT Financial LP boosted its position in St. Joe by 0.7% during the second quarter. HRT Financial LP now owns 32,349 shares of the financial services provider’s stock valued at $1,543,000 after purchasing an additional 213 shares during the last quarter. ProShare Advisors LLC grew its stake in St. Joe by 3.0% in the fourth quarter. ProShare Advisors LLC now owns 7,428 shares of the financial services provider’s stock valued at $441,000 after purchasing an additional 218 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of St. Joe by 31.8% during the 2nd quarter. Smartleaf Asset Management LLC now owns 977 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 236 shares during the last quarter. Finally, Ameritas Investment Partners Inc. raised its stake in shares of St. Joe by 6.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,890 shares of the financial services provider’s stock worth $186,000 after purchasing an additional 237 shares in the last quarter. 86.67% of the stock is currently owned by institutional investors and hedge funds.

About St. Joe

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.