JOE - BRUCE BERKOWITZ Takes Money Off The Table Sells $3.48M In St. Joe Stock | Benzinga
A substantial insider sell was reported on February 27, by BRUCE BERKOWITZ, Director at St. Joe (NYSE:JOE), based on the recent SEC filing.
What Happened: BERKOWITZ's decision to sell 64,200 shares of St. Joe was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total value of the sale is $3,478,555.
The latest market snapshot at Wednesday morning reveals St. Joe shares up by 0.78%, trading at $54.36.
Unveiling the Story Behind St. Joe
The St. Joe Co is a real estate development, asset management, and operating company and it has three operating segments; the Residential segment plans and develops residential communities and sells homesites to homebuilders or retail consumers, the Hospitality segment features a private membership club (the Watersound Club), hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas, and other entertainment assets, and Commercial segment include leasing of commercial property, multi-family, senior living, self-storage, and other assets and it also oversees the planning, development, entitlement, management, and sale of commercial and rural land holdings.
Unraveling the Financial Story of St. Joe
Revenue Growth: St. Joe's remarkable performance in 3 months is evident. As of 31 December, 2023, ...