Insider Selling: St. Joe (NYSE:JOE) Major Shareholder Sells 63,800 Shares of Stock

16 Jun 2026, 21:13 by Mitch Edgeman · The Markets Daily

St. Joe Company (The) (NYSE:JOE – Get Free Report) major shareholder Bruce Berkowitz sold 63,800 shares of St. Joe stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $65.25, for a total transaction of $4,162,950.00. Following the completion of the sale, the insider owned 15,334,924 shares in the company, valued at approximately $1,000,603,791. This trade represents a 0.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

St. Joe Price Performance

Shares of NYSE JOE traded down $0.52 during trading on Tuesday, hitting $64.55. The company had a trading volume of 212,010 shares, compared to its average volume of 223,790. The stock has a fifty day simple moving average of $65.80 and a two-hundred day simple moving average of $65.30. St. Joe Company has a fifty-two week low of $45.83 and a fifty-two week high of $73.54. The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of 33.27 and a beta of 1.28. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.72.

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

St. Joe Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on JOE shares. Wall Street Zen lowered shares of St. Joe from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings lowered shares of St. Joe from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Report on St. Joe

Institutional Investors Weigh In On St. Joe

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC increased its position in shares of St. Joe by 138.2% in the 4th quarter. SG Americas Securities LLC now owns 38,860 shares of the financial services provider’s stock valued at $2,307,000 after purchasing an additional 22,547 shares during the last quarter. Elo Mutual Pension Insurance Co purchased a new stake in shares of St. Joe in the 3rd quarter valued at approximately $947,000. Horizon Investments LLC purchased a new position in shares of St. Joe in the 4th quarter valued at $1,653,000. Vanguard Group Inc. grew its position in shares of St. Joe by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 5,959,298 shares of the financial services provider’s stock valued at $294,866,000 after buying an additional 179,877 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of St. Joe by 54.7% in the 3rd quarter. Victory Capital Management Inc. now owns 407,438 shares of the financial services provider’s stock valued at $20,160,000 after buying an additional 144,121 shares during the last quarter. 86.67% of the stock is owned by hedge funds and other institutional investors.

About St. Joe

(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.