JOE - St. Joe Insider Trades Send A Signal | Benzinga
A substantial insider sell was reported on April 30, by BRUCE BERKOWITZ, Board Member at St. Joe (NYSE:JOE), based on the recent SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday outlined that BERKOWITZ executed a sale of 4,100 shares of St. Joe with a total value of $242,315.
The latest market snapshot at Wednesday morning reveals St. Joe shares down by 0.0%, trading at $57.2.
Delving into St. Joe's Background
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.
Breaking Down St. Joe's Financial Performance
Positive Revenue Trend: Examining St. Joe's financials over 3 months reveals a positive narrative. The company ...