Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Sells $160,777.62 in Stock

by · The Markets Daily

Five Point Holdings, LLC (NYSE:FPH – Get Free Report) major shareholder Luxor Capital Group, Lp sold 47,011 shares of Five Point stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $3.42, for a total transaction of $160,777.62. Following the sale, the insider now owns 54,543 shares of the company’s stock, valued at $186,537.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

  • On Thursday, September 19th, Luxor Capital Group, Lp sold 67,189 shares of Five Point stock. The stock was sold at an average price of $3.41, for a total transaction of $229,114.49.
  • On Wednesday, July 24th, Luxor Capital Group, Lp sold 2,600 shares of Five Point stock. The stock was sold at an average price of $3.23, for a total transaction of $8,398.00.
  • On Friday, July 19th, Luxor Capital Group, Lp sold 106,984 shares of Five Point stock. The stock was sold at an average price of $3.12, for a total transaction of $333,790.08.

Five Point Stock Performance

Five Point stock opened at $3.37 on Friday. Five Point Holdings, LLC has a 1 year low of $2.13 and a 1 year high of $3.60. The firm has a 50 day moving average price of $3.17 and a 200 day moving average price of $3.11. The company has a market cap of $499.74 million, a price-to-earnings ratio of 3.96 and a beta of 1.45.

Five Point (NYSE:FPH – Get Free Report) last released its earnings results on Thursday, July 18th. The company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $51.19 million during the quarter. Five Point had a net margin of 21.73% and a return on equity of 2.70%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hillsdale Investment Management Inc. lifted its position in Five Point by 12.6% during the first quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock valued at $140,000 after buying an additional 5,000 shares in the last quarter. TCW Group Inc. lifted its position in shares of Five Point by 0.4% during the second quarter. TCW Group Inc. now owns 1,133,537 shares of the company’s stock worth $3,321,000 after purchasing an additional 5,000 shares in the last quarter. Choreo LLC acquired a new stake in Five Point in the second quarter valued at $293,000. ACR Alpine Capital Research LLC raised its holdings in Five Point by 19.3% in the first quarter. ACR Alpine Capital Research LLC now owns 828,123 shares of the company’s stock valued at $2,592,000 after acquiring an additional 133,898 shares in the last quarter. Finally, Private Management Group Inc. raised its holdings in Five Point by 2.5% in the second quarter. Private Management Group Inc. now owns 5,023,874 shares of the company’s stock valued at $14,720,000 after acquiring an additional 124,806 shares in the last quarter. 38.09% of the stock is owned by institutional investors and hedge funds.

Five Point Company Profile

(Get Free Report)

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, research and development, medical campus, and other properties; and provides development and property management services.

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