Insider Selling: St. Joe (NYSE:JOE) Major Shareholder Sells 163,600 Shares of Stock

07 May 2026, 22:14 by Scott Moore · The Cerbat Gem

St. Joe Company (The) (NYSE:JOE – Get Free Report) major shareholder Bruce Berkowitz sold 163,600 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $65.78, for a total transaction of $10,761,608.00. Following the completion of the transaction, the insider owned 15,720,824 shares of the company’s stock, valued at $1,034,115,802.72. This trade represents a 1.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

St. Joe Stock Down 1.0%

JOE traded down $0.65 during trading hours on Thursday, reaching $65.05. 277,887 shares of the stock traded hands, compared to its average volume of 269,816. St. Joe Company has a fifty-two week low of $42.65 and a fifty-two week high of $73.54. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 33.53 and a beta of 1.31. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.36 and a quick ratio of 2.36. The firm’s fifty day simple moving average is $67.55 and its two-hundred day simple moving average is $63.64.

St. Joe (NYSE:JOE – Get Free Report) last announced its earnings results on Wednesday, April 29th. The financial services provider reported $0.24 earnings per share for the quarter. The company had revenue of $99.04 million during the quarter. St. Joe had a return on equity of 14.59% and a net margin of 21.61%.

St. Joe Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Tuesday, June 9th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, June 9th. St. Joe’s dividend payout ratio is presently 32.99%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of St. Joe from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Check Out Our Latest Stock Analysis on St. Joe

Institutional Trading of St. Joe

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of St. Joe by 3.1% during the third quarter. Vanguard Group Inc. now owns 5,959,298 shares of the financial services provider’s stock worth $294,866,000 after purchasing an additional 179,877 shares during the period. State Street Corp boosted its holdings in shares of St. Joe by 1.5% in the 4th quarter. State Street Corp now owns 1,430,583 shares of the financial services provider’s stock valued at $84,934,000 after buying an additional 21,309 shares during the period. Geode Capital Management LLC grew its position in shares of St. Joe by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 994,963 shares of the financial services provider’s stock valued at $59,081,000 after buying an additional 11,621 shares during the last quarter. Nitor Capital Management LLC bought a new stake in shares of St. Joe during the 4th quarter valued at about $31,789,000. Finally, Victory Capital Management Inc. raised its stake in St. Joe by 5.4% during the fourth quarter. Victory Capital Management Inc. now owns 429,376 shares of the financial services provider’s stock worth $25,492,000 after acquiring an additional 21,938 shares during the period. Institutional investors own 86.67% of the company’s stock.

St. Joe Company Profile

(Get Free Report)

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.