St. Joe Co’s recently made public that its 10% Owner BERKOWITZ BRUCE R unloaded Company’s shares for reported $2.42 million on Nov 07 ’24. In the deal valued at $53.27 per share,45,400 shares were sold. As a result of this transaction, BERKOWITZ BRUCE R now holds 17,351,224 shares worth roughly $773.0 million.
Then, BERKOWITZ BRUCE R sold 343,400 shares, generating $18,354,730 in total proceeds. Upon selling the shares at $53.45, the 10% Owner now owns 17,396,624 shares.
Before that, BERKOWITZ BRUCE R sold 30,000 shares. St. Joe Co shares valued at $1,558,800 were divested by the 10% Owner at a price of $51.96 per share. As a result of the transaction, BERKOWITZ BRUCE R now holds 17,740,024 shares, worth roughly $790.32 million.
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 Friday, St. Joe Co [NYSE:JOE] saw its stock jump 1.71% to $44.55. Over the last five days, the stock has lost -4.48%. St. Joe Co shares have fallen nearly -25.97% since the year began. Nevertheless, the stocks have fallen -22.48% over the past one year. While a 52-week high of $64.69 was reached on 07/26/24, a 52-week low of $43.77 was recorded on 12/20/24. SMA at 50 days reached $51.58, while 200 days put it at $55.80.
Levels Of Support And Resistance For JOE Stock
The 24-hour chart illustrates a support level at 43.62, which if violated will result in even more drops to 42.70. On the upside, there is a resistance level at 45.35. A further resistance level may holdings at 46.16. The Relative Strength Index (RSI) on the 14-day chart is 25.73, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.47%. Stochastics %K at 5.13% indicates the stock is a buying.
How much short interest is there in St. Joe Co?
A steep rise in short interest was recorded in St. Joe Co stocks on 2024-11-29, growing by 48219.0 shares to a total of 0.72 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.67 million shares. There was a rise of 6.74%, which implies that there is a positive sentiment for the stock.
