Maui Land & Pineapple (NYSE:MLP) Director Buys $75,650.00 in Stock

Maui Land & Pineapple Company, Inc. (NYSE:MLP) Director Stephen Case acquired 5,000 shares of the business’s stock in a transaction on Monday, November 24th. The shares were bought at an average cost of $15.13 per share, for a total transaction of $75,650.00. Following the acquisition, the director owned 11,958,945 shares of the company’s stock, valued at $180,938,837.85. This represents a 0.04% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Maui Land & Pineapple Trading Up 0.5%

Shares of Maui Land & Pineapple stock opened at $15.85 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $16.26 and a 200-day simple moving average of $16.84. The stock has a market cap of $312.91 million, a price-to-earnings ratio of -22.32 and a beta of 0.75. Maui Land & Pineapple Company, Inc. has a 12-month low of $13.84 and a 12-month high of $24.49.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. boosted its stake in shares of Maui Land & Pineapple by 1.4% during the second quarter. Raymond James Financial Inc. now owns 74,555 shares of the financial services provider’s stock worth $1,356,000 after buying an additional 1,000 shares during the period. Strs Ohio acquired a new stake in Maui Land & Pineapple during the 1st quarter worth approximately $26,000. Tower Research Capital LLC TRC lifted its position in Maui Land & Pineapple by 339.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,818 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 2,177 shares during the period. NBC Securities Inc. grew its stake in shares of Maui Land & Pineapple by 8.0% in the 2nd quarter. NBC Securities Inc. now owns 46,740 shares of the financial services provider’s stock valued at $850,000 after purchasing an additional 3,450 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Maui Land & Pineapple by 233.2% in the first quarter. Deutsche Bank AG now owns 6,868 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 4,807 shares during the period. 24.55% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MLP. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Maui Land & Pineapple in a report on Wednesday, October 8th. Wall Street Zen cut Maui Land & Pineapple from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Maui Land & Pineapple currently has an average rating of “Sell”.

Maui Land & Pineapple Company Profile

Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.