St. Joe Co (NYSE:JOE) CEO Acquires $24,796.20 in Stock

St. Joe Co (NYSE:JOE) CEO Jorge Luis Gonzalez acquired 1,430 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was acquired at an average price of $17.34 per share, for a total transaction of $24,796.20. Following the completion of the purchase, the chief executive officer now owns 19,680 shares of the company’s stock, valued at approximately $341,251.20. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Jorge Luis Gonzalez also recently made the following trade(s):

  • On Tuesday, June 4th, Jorge Luis Gonzalez acquired 1,350 shares of St. Joe stock. The stock was acquired at an average price of $15.90 per share, for a total transaction of $21,465.00.
  • On Friday, May 24th, Jorge Luis Gonzalez acquired 1,200 shares of St. Joe stock. The stock was acquired at an average price of $16.32 per share, for a total transaction of $19,584.00.

NYSE JOE traded down $0.05 during trading on Monday, reaching $17.25. The company’s stock had a trading volume of 50,897 shares, compared to its average volume of 140,302. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 101.47 and a beta of 0.96. St. Joe Co has a twelve month low of $12.63 and a twelve month high of $19.65. The business’s fifty day moving average is $17.75.

Institutional investors have recently modified their holdings of the company. Norges Bank purchased a new stake in St. Joe during the fourth quarter worth about $6,506,000. Dimensional Fund Advisors LP boosted its holdings in St. Joe by 18.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,848,278 shares of the financial services provider’s stock worth $24,342,000 after buying an additional 292,503 shares in the last quarter. GMT Capital Corp purchased a new stake in St. Joe during the first quarter worth about $3,238,000. State of New Jersey Common Pension Fund D boosted its holdings in St. Joe by 175.0% during the second quarter. State of New Jersey Common Pension Fund D now owns 220,000 shares of the financial services provider’s stock worth $3,802,000 after buying an additional 140,000 shares in the last quarter. Finally, First Trust Advisors LP purchased a new stake in St. Joe during the first quarter worth about $1,955,000. Institutional investors and hedge funds own 94.01% of the company’s stock.

A number of research firms have commented on JOE. Zacks Investment Research upgraded shares of St. Joe from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Monday, April 29th. TheStreet lowered shares of St. Joe from a “b-” rating to a “c+” rating in a research note on Wednesday, May 29th.

About St. Joe

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating company in Northwest Florida, the United States. It operates through four segments: Residential Real Estate, Hospitality, Commercial Leasing and Sales, and Forestry. The Residential Real Estate segment plans and develops residential communities of various sizes.

Further Reading: What are retained earnings?

Insider Buying and Selling by Quarter for St. Joe (NYSE:JOE)

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