St. Joe (NYSE:JOE) Major Shareholder Sells $6,178,578.00 in Stock

Posted by George Bondi on Jun 16th, 2026

St. Joe Company (The) (NYSE:JOE – Get Free Report) major shareholder Bruce Berkowitz sold 94,200 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $65.59, for a total transaction of $6,178,578.00. Following the completion of the sale, the insider directly owned 15,240,724 shares of the company’s stock, valued at approximately $999,639,087.16. This represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

St. Joe Price Performance

Shares of NYSE:JOE traded down $0.52 during trading on Tuesday, reaching $64.55. The company had a trading volume of 212,010 shares, compared to its average volume of 223,790. The firm’s fifty day moving average is $65.80 and its 200 day moving average is $65.30. The firm has a market capitalization of $3.71 billion, a PE ratio of 33.27 and a beta of 1.28. St. Joe Company has a twelve month low of $45.83 and a twelve month high of $73.54. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.36 and a current ratio of 2.36.

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

St. Joe Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Tuesday, June 9th will be paid 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 currently 32.99%.

Institutional Trading of St. Joe

Several large investors have recently modified their holdings of JOE. Camelot Portfolios LLC bought a new stake in shares of St. Joe during the 4th quarter worth $30,000. EverSource Wealth Advisors LLC raised its stake in shares of St. Joe by 155.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 652 shares of the financial services provider’s stock valued at $31,000 after buying an additional 397 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of St. Joe in the 4th quarter valued at $32,000. Quarry LP acquired a new position in shares of St. Joe in the 3rd quarter valued at $39,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of St. Joe by 31.8% in the 2nd quarter. Smartleaf Asset Management LLC now owns 977 shares of the financial services provider’s stock valued at $48,000 after buying an additional 236 shares in the last quarter. 86.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on JOE. Wall Street Zen lowered shares of St. Joe from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Weiss Ratings lowered shares of St. Joe from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Get Our Latest Stock Analysis on JOE

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.

Founded in 1936 as a paper manufacturing company, St.