Insider Selling: St. Joe (NYSE:JOE) Major Shareholder Sells $910,450.00 in Stock

St. Joe Company (The) (NYSE:JOE) major shareholder Bruce Berkowitz sold 13,900 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $65.50, for a total transaction of $910,450.00. Following the transaction, the insider owned 16,151,124 shares in the company, valued at $1,057,898,622. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

St. Joe Stock Down 0.3%

Shares of NYSE JOE opened at $64.83 on Friday. St. Joe Company has a 1 year low of $40.19 and a 1 year high of $66.08. The firm has a 50-day simple moving average of $61.01 and a two-hundred day simple moving average of $54.51. The company has a market cap of $3.74 billion, a P/E ratio of 36.02 and a beta of 1.32. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.25 and a quick ratio of 2.25.

St. Joe (NYSE:JOE) last issued its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $0.67 earnings per share for the quarter. St. Joe had a return on equity of 13.96% and a net margin of 21.40%.The firm had revenue of $161.08 million for the quarter.

St. Joe Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, November 13th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.0%. This is a positive change from St. Joe’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, November 13th. St. Joe’s dividend payout ratio is 35.56%.

More St. Joe News

Here are the key news stories impacting St. Joe this week:

• Positive Sentiment: Company fundamentals and shareholder returns remain intact — St. Joe has a strong current ratio (~2.25), modest leverage (debt/equity ~0.75) and a recent dividend increase that supports income investors. See MarketBeat summary. MarketBeat JOE Insider & Company Summary
• Neutral Sentiment: Multiple recent stories reference “St. Joe” as local schools, teams and municipal matters (high‑school sports, city hall, community centers). These are name coincidences and are unlikely to affect The St. Joe Company’s real estate fundamentals or near‑term earnings. Example: local high‑school wrestling coverage. St. Joseph’s Prep wrestlers defeat Father Judge
• Neutral Sentiment: Local municipal reporting (mayoral run, community center move) likewise does not tie to JOE’s corporate operations; inclusion in media can create headline noise but not fundamentals. St. Joseph mayor seeks reelection
• Negative Sentiment: Major insider selling by Bruce Berkowitz: filings show he sold large blocks in mid‑January (reports aggregate ~101,600 shares across Jan. 15–16 at roughly $65.50 average), representing several million dollars of sales and a small reduction in his >10% stake. Large, disclosed insider sales often weigh on sentiment and help explain downward pressure on the stock today. See SEC filing and media reports. SEC ownership filing Benzinga: Berkowitz sell report

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on JOE shares. Wall Street Zen upgraded shares of St. Joe from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of St. Joe in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in JOE. Royal Bank of Canada lifted its position in shares of St. Joe by 4.9% in the 1st quarter. Royal Bank of Canada now owns 29,915 shares of the financial services provider’s stock worth $1,404,000 after purchasing an additional 1,384 shares during the period. AQR Capital Management LLC lifted its holdings in St. Joe by 152.4% during the first quarter. AQR Capital Management LLC now owns 76,084 shares of the financial services provider’s stock worth $3,572,000 after buying an additional 45,939 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in St. Joe by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,459 shares of the financial services provider’s stock valued at $1,008,000 after acquiring an additional 951 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of St. Joe by 29.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,606 shares of the financial services provider’s stock valued at $4,113,000 after acquiring an additional 19,879 shares during the period. Finally, Intech Investment Management LLC raised its position in shares of St. Joe by 45.8% in the 1st quarter. Intech Investment Management LLC now owns 26,218 shares of the financial services provider’s stock worth $1,231,000 after acquiring an additional 8,235 shares in the last quarter. Hedge funds and other 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.