Luxor Capital Group, Lp Sells 43,509 Shares of Five Point Holdings, LLC (NYSE:FPH) Stock

Posted by Geri Gentry on Apr 23rd, 2024

Five Point Holdings, LLC (NYSE:FPH – Get Free Report) major shareholder Luxor Capital Group, Lp sold 43,509 shares of the company’s stock in a transaction that occurred on Friday, April 19th. The shares were sold at an average price of $3.07, for a total value of $133,572.63. Following the completion of the transaction, the insider now directly owns 56,603 shares of the company’s stock, valued at approximately $173,771.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more 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 Monday, April 22nd, Luxor Capital Group, Lp sold 21,794 shares of Five Point stock. The shares were sold at an average price of $3.03, for a total value of $66,035.82.
On Wednesday, April 17th, Luxor Capital Group, Lp sold 700 shares of Five Point stock. The shares were sold at an average price of $3.10, for a total value of $2,170.00.
On Monday, April 15th, Luxor Capital Group, Lp sold 725 shares of Five Point stock. The shares were sold at an average price of $3.17, for a total value of $2,298.25.
On Friday, April 12th, Luxor Capital Group, Lp sold 546 shares of Five Point stock. The shares were sold at an average price of $3.11, for a total value of $1,698.06.
On Wednesday, April 10th, Luxor Capital Group, Lp sold 23,881 shares of Five Point stock. The stock was sold at an average price of $3.07, for a total value of $73,314.67.
On Monday, April 8th, Luxor Capital Group, Lp sold 3,971 shares of Five Point stock. The stock was sold at an average price of $3.19, for a total value of $12,667.49.
On Monday, April 1st, Luxor Capital Group, Lp sold 4,163 shares of Five Point stock. The stock was sold at an average price of $3.15, for a total value of $13,113.45.
On Thursday, March 28th, Luxor Capital Group, Lp sold 1,251 shares of Five Point stock. The stock was sold at an average price of $3.20, for a total value of $4,003.20.
On Tuesday, March 26th, Luxor Capital Group, Lp sold 7,732 shares of Five Point stock. The stock was sold at an average price of $3.19, for a total value of $24,665.08.

Five Point Price Performance

Shares of FPH remained flat at $3.00 during trading hours on Tuesday. The company had a trading volume of 247,480 shares, compared to its average volume of 91,264. Five Point Holdings, LLC has a 12 month low of $2.13 and a 12 month high of $3.74. The stock’s 50 day moving average is $3.12 and its 200-day moving average is $2.91. The firm has a market cap of $444.87 million, a P/E ratio of 3.53 and a beta of 1.43.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded Five Point from a “d” rating to a “c-” rating in a report on Friday, January 19th.

Check Out Our Latest Analysis on FPH

Hedge Funds Weigh In On Five Point

Large investors have recently modified their holdings of the company. Aristeia Capital LLC bought a new position in shares of Five Point in the 3rd quarter worth $54,000. WINTON GROUP Ltd bought a new position in shares of Five Point in the 3rd quarter worth $80,000. Bfsg LLC purchased a new stake in Five Point in the 3rd quarter valued at $116,000. LexAurum Advisors LLC raised its position in Five Point by 386.1% in the 4th quarter. LexAurum Advisors LLC now owns 102,561 shares of the company’s stock valued at $315,000 after buying an additional 81,461 shares during the last quarter. Finally, Raymond James & Associates raised its position in Five Point by 6.7% in the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock valued at $849,000 after buying an additional 17,833 shares during the last quarter. 38.09% of the stock is currently owned by institutional investors.

About Five Point

(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.