Key Points
- Kim Tobler sold 18,714 shares of Five Point (NYSE:FPH) on Dec. 4 at an average price of $6.01 for $112,471, cutting her stake by 34.43% to 35,636 shares (about $214,172).
- Five Point has a market cap of $855.95M, reported $0.28 EPS on $13.49M revenue last quarter with a 48.56% net margin, and carries a consensus "Buy" rating from analysts while institutional investors own roughly 38.09% of the stock.
Five Point Holdings, LLC (NYSE:FPH - Get Free Report) insider Kim Tobler sold 18,714 shares of the company's stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $6.01, for a total value of $112,471.14. Following the sale, the insider owned 35,636 shares of the company's stock, valued at approximately $214,172.36. The trade was a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Five Point Stock Performance
Shares of NYSE FPH opened at $5.82 on Friday. The stock has a market capitalization of $855.95 million, a P/E ratio of 4.48 and a beta of 1.34. The stock's fifty day moving average is $6.04 and its 200 day moving average is $5.83. Five Point Holdings, LLC has a 52 week low of $3.42 and a 52 week high of $6.71.
Five Point (NYSE:FPH - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.28 earnings per share for the quarter. The business had revenue of $13.49 million during the quarter. Five Point had a net margin of 48.56% and a return on equity of 4.24%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State of Wyoming acquired a new position in Five Point during the second quarter worth about $58,000. Virtu Financial LLC bought a new stake in shares of Five Point during the 1st quarter valued at approximately $65,000. Wealth Enhancement Advisory Services LLC acquired a new position in Five Point during the 2nd quarter worth approximately $85,000. Occudo Quantitative Strategies LP lifted its stake in Five Point by 17.7% in the 3rd quarter. Occudo Quantitative Strategies LP now owns 16,844 shares of the company's stock valued at $103,000 after purchasing an additional 2,537 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Five Point in the second quarter valued at approximately $128,000. Institutional investors own 38.09% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "buy (b-)" rating on shares of Five Point in a research report on Monday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy".
Read Our Latest Analysis on Five Point
About Five Point
(
Get Free Report)
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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