Five Point Holdings, LLC (NYSE:FPH - Get Free Report) major shareholder Luxor Capital Group, Lp sold 4,163 shares of the business's stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $3.15, for a total transaction of $13,113.45. Following the sale, the insider now directly owns 57,196 shares in the company, valued at $180,167.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company's stock are required to disclose their sales and purchases with the SEC.
Luxor Capital Group, Lp also recently made the following trade(s):
- 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 transaction 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 transaction of $24,665.08.
- On Tuesday, January 16th, Luxor Capital Group, Lp sold 7,556 shares of Five Point stock. The stock was sold at an average price of $2.79, for a total transaction of $21,081.24.
- On Thursday, January 4th, Luxor Capital Group, Lp sold 4,543 shares of Five Point stock. The stock was sold at an average price of $3.05, for a total transaction of $13,856.15.
Five Point Price Performance
Five Point stock opened at $3.09 on Thursday. Five Point Holdings, LLC has a fifty-two week low of $2.13 and a fifty-two week high of $3.74. The firm has a market capitalization of $458.22 million, a PE ratio of 4.12 and a beta of 1.43. The company's 50-day moving average is $3.20 and its 200-day moving average is $2.90.
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Five Point (NYSE:FPH - Get Free Report) last announced its quarterly earnings results on Thursday, January 18th. The company reported $0.39 EPS for the quarter. Five Point had a net margin of 26.16% and a return on equity of 2.89%. The business had revenue of $118.76 million for the quarter.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Wellington Management Group LLP grew its stake in Five Point by 1.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,184,583 shares of the company's stock valued at $3,518,000 after buying an additional 19,262 shares during the last quarter. Raymond James & Associates grew its position in shares of Five Point by 6.7% during the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company's stock worth $849,000 after purchasing an additional 17,833 shares in the last quarter. Bfsg LLC acquired a new position in shares of Five Point during the 3rd quarter worth approximately $116,000. LexAurum Advisors LLC grew its position in shares of Five Point by 386.1% during the 4th quarter. LexAurum Advisors LLC now owns 102,561 shares of the company's stock worth $315,000 after purchasing an additional 81,461 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new position in shares of Five Point during the 3rd quarter worth approximately $80,000. Institutional investors and hedge funds own 38.09% of the company's stock.
Analyst Upgrades and Downgrades
Separately, TheStreet upgraded shares of Five Point from a "d" rating to a "c-" rating in a research note on Friday, January 19th.
Get Our Latest Stock Report on FPH
About Five Point
(
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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.
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