Insider Selling: St. Joe (NYSE:JOE) Major Shareholder Sells $791,097.00 in Stock

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 11,100 shares of the firm’s stock in a transaction 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 approximately $1,150,299,510.48. This trade represents a 0.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

St. Joe Stock Up 0.8%

Shares of NYSE:JOE opened at $71.52 on Monday. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 0.75. The firm has a market cap of $4.13 billion, a P/E ratio of 39.73 and a beta of 1.34. St. Joe Company has a 12 month low of $40.19 and a 12 month high of $71.90. The company’s 50-day moving average price is $64.52 and its two-hundred day moving average price is $57.14.

Key Stories 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

Wall Street Analysts Forecast Growth

JOE has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of St. Joe in a report on Monday, December 29th. Wall Street Zen raised St. Joe from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

Institutional Trading of St. Joe

Several institutional investors and hedge funds have recently made changes to their positions in JOE. Camelot Portfolios LLC bought a new position in shares of St. Joe in the 4th quarter worth $30,000. Financial Consulate Inc. acquired a new position in St. Joe in the third quarter valued at about $31,000. EverSource Wealth Advisors LLC boosted its holdings in St. Joe by 155.7% during the second quarter. EverSource Wealth Advisors LLC now owns 652 shares of the financial services provider’s stock worth $31,000 after buying an additional 397 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of St. Joe during the 4th quarter worth about $32,000. Finally, Parkside Financial Bank & Trust increased its stake in shares of St. Joe by 2,265.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 686 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 657 shares during the last quarter. Institutional investors own 86.67% of the company’s stock.

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.