St. Joe (NYSE:JOE) Major Shareholder Bruce Berkowitz Sells 13,900 Shares

January 21, 2026 by InsiderTrades.com

Key Points

Bruce Berkowitz sold 13,900 St. Joe shares on Jan. 16 at an average of $65.50 for about $910,450, trimming his direct stake by 0.09% to 16,151,124 shares valued at roughly $1.06 billion (still >10% ownership).
Shares were trading down about 2.1%; the company recently raised its quarterly dividend to $0.16 ($0.64 annualized, ~1.0% yield) and MarketBeat shows a consensus analyst rating of Buy.

St. Joe Company (The) (NYSE:JOE - Get Free Report) major shareholder Bruce Berkowitz sold 13,900 shares of St. Joe stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $65.50, for a total value of $910,450.00. Following the transaction, the insider directly owned 16,151,124 shares in the company, valued at $1,057,898,622. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.

St. Joe Trading Down 2.1%

Shares of JOE stock opened at $64.04 on Wednesday. St. Joe Company has a 1-year low of $40.19 and a 1-year high of $66.08. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 0.75. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 35.58 and a beta of 1.32. The stock has a 50-day moving average of $60.78 and a 200-day moving average of $54.37.

St. Joe (NYSE:JOE - Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $0.67 EPS for the quarter. St. Joe had a return on equity of 13.96% and a net margin of 21.40%.The company had revenue of $161.08 million for the quarter.

St. Joe Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, November 13th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.0%. This is a boost from St. Joe's previous quarterly dividend of $0.14. The ex-dividend date was Thursday, November 13th. St. Joe's dividend payout ratio is currently 35.56%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of St. Joe by 3.1% during the third quarter. Vanguard Group Inc. now owns 5,959,298 shares of the financial services provider's stock valued at $294,866,000 after acquiring an additional 179,877 shares in the last quarter. State Street Corp grew its position in St. Joe by 0.7% in the 2nd quarter. State Street Corp now owns 1,396,004 shares of the financial services provider's stock valued at $66,589,000 after purchasing an additional 9,301 shares during the period. Geode Capital Management LLC increased its stake in St. Joe by 2.5% during the 2nd quarter. Geode Capital Management LLC now owns 957,098 shares of the financial services provider's stock valued at $45,658,000 after purchasing an additional 23,320 shares in the last quarter. Horizon Kinetics Asset Management LLC raised its holdings in St. Joe by 1.0% during the second quarter. Horizon Kinetics Asset Management LLC now owns 555,891 shares of the financial services provider's stock worth $26,516,000 after buying an additional 5,552 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in St. Joe by 54.7% during the third quarter. Victory Capital Management Inc. now owns 407,438 shares of the financial services provider's stock worth $20,160,000 after buying an additional 144,121 shares during the last quarter. Institutional investors own 86.67% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Wall Street Zen raised shares of St. Joe from a "hold" rating to a "buy" rating in a research report on Saturday, November 1st. Weiss Ratings restated a "buy (b-)" rating on shares of St. Joe in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy".

Get Our Latest Stock Report on St. Joe

St. Joe News Roundup

Here are the key news stories impacting St. Joe this week:

Neutral Sentiment: Local sports and personnel stories referencing "St. Joe" are unrelated to The St. Joe Company and are unlikely to affect JOE's fundamentals. Hannah Prince was hired as Penn State's head field hockey coach. St. Joe’s Hannah Prince Hired as Penn State Head Field Hockey Coach
Neutral Sentiment: Media pieces on a 16‑year‑old St. Joe’s Prep pitcher (Cole Kuhn breaking 100+ mph) are local sports coverage and do not relate to The St. Joe Company’s business drivers. At just 16, St. Joe's Prep pitcher Cole Kuhn already throwing 101 mph
Neutral Sentiment: Local municipal and college-sports coverage (mayoral candidate forums; St. Joseph city council; college basketball recaps) similarly appear disconnected from JOE’s operations and financing. Example: mayoral candidate forum coverage. St. Joseph mayoral candidates make pitch in community forum as February primary nears
Negative Sentiment: Insider selling by major shareholder Bruce R. Berkowitz: filings show he sold 87,700 shares on Jan. 15 at an average ~$65.51 (≈$5.75M) and 13,900 shares on Jan. 16 at ~$65.50 (≈$0.91M), ~101,600 shares total disclosed; his stake fell by ~0.63% across the two transactions though he still holds >16M shares (>10% ownership). Such large, disclosed insider sales can weigh on sentiment and help explain downward pressure on the stock. SEC filing: SEC ownership filing — summary of trades: Bruce Berkowitz insider trades

About St. Joe

(Get Free Report)

The St. Joe Company (NYSE: JOE) is a leading real estate development and asset management firm focused on Northwest Florida. Headquartered in Jacksonville, the company owns and manages approximately 171,000 acres of land across Bay, Gulf, Franklin and Walton counties. St. Joe's core businesses include residential community development, commercial real estate, and hospitality, with an emphasis on master-planned neighborhoods, office and retail campuses, resort hotels and mixed-use town centers.

Founded in 1936 as a paper manufacturing company, St.