In a filing, St. Joe Co. revealed its Director BERKOWITZ BRUCE R unloaded Company’s shares for reported $19.99 million on May 07 ’24. In the deal valued at $58.29 per share,342,900 shares were sold. As a result of this transaction, BERKOWITZ BRUCE R now holds 18,788,124 shares worth roughly $1.09 billion.
Then, BERKOWITZ BRUCE R sold 36,600 shares, generating $2,157,936 in total proceeds. Upon selling the shares at $58.96, the Director now owns 19,131,024 shares.
Before that, BERKOWITZ BRUCE R sold 57,000 shares. St. Joe Co. shares valued at $3,320,820 were divested by the Director at a price of $58.26 per share. As a result of the transaction, BERKOWITZ BRUCE R now holds 19,167,624 shares, worth roughly $1.11 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 -1.29% to $58.09. Over the last five days, the stock has gained 1.56%. St. Joe Co. shares have fallen nearly -3.47% since the year began. Nevertheless, the stocks have risen 38.31% over the past one year. While a 52-week high of $65.99 was reached on 01/02/24, a 52-week low of $41.25 was recorded on 03/05/24. SMA at 50 days reached $55.73, while 200 days put it at $55.68. A total of 0.5 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For JOE Stock
The 24-hour chart illustrates a support level at 57.58, which if violated will result in even more drops to 57.06. On the upside, there is a resistance level at 59.02. A further resistance level may holdings at 59.94. The Relative Strength Index (RSI) on the 14-day chart is 55.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.33, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.54%. Stochastics %K at 79.00% indicates the stock is a holding.
