A Modest Trim From Fairholme - Here's why JOE Is Still Worth a Look
2026-05-23 18:05:17 ET
The Fairholme Fund, a concentrated mutual fund managed by Bruce Berkowitz, sold 377,800 shares of The St. Joe Company (NYSE:JOE) across three open-market transactions between May 5 and May 7, 2026, for aggregate proceeds of approximately $24.84 million, according to a Form 4 filed with the SEC .
Transaction value based on SEC Form 4 weighted average purchase price ($65.75); post-transaction value based on May 7, 2026 market close ($65.05).
* 1-year performance calculated using May 22, 2026 as the reference date.
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