St. Joe (NYSE:JOE) Major Shareholder Sells $1,901,796.00 in Stock

11 Jun 2026, 23:06 by Mitch Edgeman · The Markets Daily

St. Joe Company (The) (NYSE:JOE – Get Free Report) major shareholder Bruce Berkowitz sold 29,200 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $65.13, for a total transaction of $1,901,796.00. Following the transaction, the insider directly owned 15,398,724 shares in the company, valued at $1,002,918,894.12. The trade was a 0.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

St. Joe Trading Up 0.4%

Shares of JOE traded up $0.26 on Thursday, hitting $64.83. 191,075 shares of the stock traded hands, compared to its average volume of 222,591. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $3.72 billion, a P/E ratio of 33.42 and a beta of 1.28. The stock’s 50 day moving average is $65.75 and its two-hundred day moving average is $65.17. St. Joe Company has a 1 year low of $45.75 and a 1 year high of $73.54.

St. Joe (NYSE:JOE – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. The business 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 Announces Dividend

The business 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 of this dividend is Tuesday, June 9th. This represents a $0.64 annualized dividend and a yield of 1.0%. St. Joe’s dividend payout ratio is 32.99%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. 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 downgraded shares of St. Joe from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Analysis on JOE

Institutional Investors Weigh In On St. Joe

A number of hedge funds and other institutional investors have recently modified their holdings of JOE. Nitor Capital Management LLC acquired a new position in shares of St. Joe in the 4th quarter worth approximately $31,789,000. Vanguard Group Inc. lifted its stake in 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 worth $294,866,000 after acquiring an additional 179,877 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of St. Joe by 54.7% during the third quarter. Victory Capital Management Inc. now owns 407,438 shares of the financial services provider’s stock worth $20,160,000 after purchasing an additional 144,121 shares during the period. Select Equity Group L.P. acquired a new stake in shares of St. Joe during the 2nd quarter valued at $6,347,000. Finally, Janus Henderson Group PLC boosted its position in St. Joe by 668.3% during the fourth quarter. Janus Henderson Group PLC now owns 139,947 shares of the financial services provider’s stock valued at $8,310,000 after purchasing an additional 121,733 shares during the last quarter. 86.67% of the stock is currently owned by institutional investors.

Key St. Joe News

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

Negative Sentiment: Bruce Berkowitz, a notable St. Joe shareholder, reported selling additional shares of St. Joe Company (NYSE: JOE). Insider/investor selling can pressure sentiment because it may signal reduced conviction or lead traders to anticipate more supply in the stock. Bruce Berkowitz Sells 59,100 Shares of St. Joe (NYSE:JOE) Stock
Negative Sentiment: Additional reports said Berkowitz sold more shares of St. Joe Company (NYSE: JOE), reinforcing the same overhang from recent selling activity. Bruce Berkowitz Sells 33,600 Shares of St. Joe (NYSE:JOE) Stock
Negative Sentiment: A third filing/article noted Berkowitz sold more St. Joe Company (NYSE: JOE) shares, adding to investor concern about ongoing share distribution. Bruce Berkowitz Sells 29,000 Shares of St. Joe (NYSE:JOE) Stock
Neutral Sentiment: Several headlines about “St. Joe” were actually about schools and athletics, including a baseball program review and a softball title game; these appear unrelated to St. Joe Company (NYSE: JOE) and are unlikely to affect the stock. St. Joe’s baseball program under review

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.

Founded in 1936 as a paper manufacturing company, St.