St. Joe (NYSE:JOE) Major Shareholder Sells $1,736,301.00 in Stock

June 17, 2026 by InsiderTrades.com

Key Points

St. Joe major shareholder Bruce Berkowitz sold 94,200 shares on June 15 at an average price of $65.59, totaling about $6.18 million. The sale reduced his stake by just 0.61%, leaving him with more than 15.24 million shares.
The stock was trading around $64.55 at the time of the report, near its 50-day and 200-day moving averages, with a market cap of $3.71 billion and a P/E ratio of 33.27.
St. Joe recently announced a quarterly dividend of $0.16 per share, payable June 25, for an annualized yield of about 1.0%. Analysts currently have an average rating of Hold on the stock.

St. Joe Company (The) (NYSE:JOE - Get Free Report) major shareholder Bruce Berkowitz sold 26,700 shares of St. Joe stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $65.03, for a total transaction of $1,736,301.00. Following the completion of the transaction, the insider owned 15,214,024 shares in the company, valued at approximately $989,367,980.72. The trade was a 0.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.

St. Joe Price Performance

Shares of NYSE:JOE opened at $64.55 on Wednesday. The stock has a market cap of $3.71 billion, a PE ratio of 33.27 and a beta of 1.28. The company's fifty day moving average is $65.79 and its 200 day moving average is $65.32. St. Joe Company has a 52 week low of $45.83 and a 52 week high of $73.54. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.72.

St. Joe (NYSE:JOE - Get Free Report) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $0.24 EPS for the quarter. St. Joe had a net margin of 21.61% and a return on equity of 14.59%. The company had revenue of $99.04 million for the quarter.

St. Joe Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Tuesday, June 9th will be given a $0.16 dividend. The ex-dividend date is Tuesday, June 9th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.0%. St. Joe's payout ratio is presently 32.99%.

Wall Street Analyst Weigh In

JOE has been the topic of a number of analyst reports. Weiss Ratings cut shares of St. Joe from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, May 22nd. Wall Street Zen cut shares of St. Joe from a "buy" rating to a "hold" rating in a research report on Saturday, February 28th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold".

View Our Latest Analysis on JOE

Institutional Investors Weigh In On St. Joe

A number of large investors have recently modified their holdings of JOE. Nitor Capital Management LLC bought a new stake in shares of St. Joe during the 4th quarter valued at about $31,789,000. Vanguard Group Inc. boosted its stake in shares of St. Joe by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 5,959,298 shares of the financial services provider's stock valued at $294,866,000 after purchasing an additional 179,877 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of St. Joe by 54.7% during the 3rd quarter. Victory Capital Management Inc. now owns 407,438 shares of the financial services provider's stock valued at $20,160,000 after purchasing an additional 144,121 shares in the last quarter. Select Equity Group L.P. bought a new stake in shares of St. Joe during the 2nd quarter valued at about $6,347,000. Finally, Janus Henderson Group PLC boosted its stake in shares of St. Joe by 668.3% during the 4th quarter. Janus Henderson Group PLC now owns 139,947 shares of the financial services provider's stock valued at $8,310,000 after purchasing an additional 121,733 shares in the last quarter. Institutional investors own 86.67% of the company's stock.

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.