Bruce Berkowitz Sells 11,100 Shares of St. Joe (NYSE:JOE) Stock

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 11,100 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $71.27, for a total value of $791,097.00. Following the completion of the sale, the insider owned 16,140,024 shares of the company’s stock, valued at $1,150,299,510.48. This trade represents a 0.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

St. Joe Stock Performance

Shares of JOE opened at $71.52 on Friday. The stock has a market capitalization of $4.13 billion, a PE ratio of 39.73 and a beta of 1.34. The business’s fifty day moving average price is $64.52 and its 200 day moving average price is $57.09. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.25 and a quick ratio of 2.25. St. Joe Company has a 12-month low of $40.19 and a 12-month high of $71.90.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of JOE. Invesco Ltd. raised its stake in shares of St. Joe by 47.6% during the fourth quarter. Invesco Ltd. now owns 169,191 shares of the financial services provider’s stock valued at $10,045,000 after purchasing an additional 54,601 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of St. Joe during the 4th quarter worth about $222,000. State of Tennessee Department of Treasury lifted its stake in shares of St. Joe by 23.6% in the 4th quarter. State of Tennessee Department of Treasury now owns 15,148 shares of the financial services provider’s stock worth $899,000 after acquiring an additional 2,889 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of St. Joe by 233.8% in the fourth quarter. NewEdge Advisors LLC now owns 24,290 shares of the financial services provider’s stock valued at $1,442,000 after acquiring an additional 17,013 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in shares of St. Joe during the fourth quarter valued at approximately $83,000. Institutional investors own 86.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on JOE shares. 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 report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

St. Joe News Summary

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

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.