St. Joe Co.’s filing revealed that its Director BERKOWITZ BRUCE R unloaded Company’s shares for reported $0.4 million on Mar 04 ’24. In the deal valued at $54.28 per share,7,300 shares were sold. As a result of this transaction, BERKOWITZ BRUCE R now holds 19,228,724 shares worth roughly $1.07 billion.
Then, BERKOWITZ BRUCE R sold 88,700 shares, generating $4,792,461 in total proceeds. Upon selling the shares at $54.03, the Director now owns 19,236,024 shares.
Before that, BERKOWITZ BRUCE R sold 2,700 shares. St. Joe Co. shares valued at $145,935 were divested by the Director at a price of $54.05 per share. As a result of the transaction, BERKOWITZ BRUCE R now holds 19,324,724 shares, worth roughly $1.08 billion.
Raymond James downgraded its St. Joe Co. [JOE] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early July from “a Mkt perform” to “an Outperform”. Keefe Bruyette also remained covering JOE and has decreased its forecast on September 22, 2008 with a “Mkt perform” recommendation from previously “an Outperform” rating. Wachovia revised its rating on July 17, 2008. It rated JOE as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of JOE
On Tuesday, St. Joe Co. [NYSE:JOE] saw its stock fall -1.08% to $55.72. Over the last five days, the stock has lost -5.72%. St. Joe Co. shares have fallen nearly -7.41% since the year began. Nevertheless, the stocks have risen 36.64% over the past one year. While a 52-week high of $65.99 was reached on 01/02/24, a 52-week low of $38.81 was recorded on 03/05/24. SMA at 50 days reached $55.04, while 200 days put it at $55.27. A total of 0.23 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For JOE Stock
The 24-hour chart illustrates a support level at 54.94, which if violated will result in even more drops to 54.16. On the upside, there is a resistance level at 56.29. A further resistance level may holdings at 56.86. The Relative Strength Index (RSI) on the 14-day chart is 48.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.73%. Stochastics %K at 29.12% indicates the stock is a holding.
