Insider Selling: St. Joe (NYSE:JOE) Major Shareholder Sells $276,939.00 in Stock

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

St. Joe Price Performance

NYSE JOE opened at $71.52 on Monday. The company has a market cap of $4.13 billion, a price-to-earnings 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. The stock’s fifty day moving average price is $64.52 and its 200 day moving average price is $57.14. St. Joe Company has a 1 year low of $40.19 and a 1 year high of $71.90.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of St. Joe from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of St. Joe in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to MarketBeat, St. Joe presently has an average rating of “Buy”.

More St. Joe News

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

Hedge Funds Weigh In On St. Joe

Several institutional investors have recently made changes to their positions in JOE. Vanguard Group Inc. boosted its holdings in St. Joe by 3.1% during the third quarter. Vanguard Group Inc. now owns 5,959,298 shares of the financial services provider’s stock worth $294,866,000 after buying an additional 179,877 shares in the last quarter. State Street Corp boosted its stake in shares of St. Joe by 1.5% during the 4th quarter. State Street Corp now owns 1,430,583 shares of the financial services provider’s stock worth $84,934,000 after acquiring an additional 21,309 shares in the last quarter. Geode Capital Management LLC grew its position in shares of St. Joe by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 994,963 shares of the financial services provider’s stock valued at $59,081,000 after acquiring an additional 11,621 shares during the period. Horizon Kinetics Asset Management LLC increased its stake in shares of St. Joe by 1.0% in the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 555,891 shares of the financial services provider’s stock valued at $26,516,000 after purchasing an additional 5,552 shares in the last quarter. Finally, Nitor Capital Management LLC acquired a new position in St. Joe in the 4th quarter worth about $31,789,000. 86.67% of the stock is owned by hedge funds and other institutional investors.

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.