Key Points
- Director Stephen Case purchased 2,500 shares of Maui Land & Pineapple on Nov. 19 at an average price of $14.48 for $36,200, increasing his stake to 11,943,945 shares (about $172.95M), a 0.02% ownership rise.
- Shares traded at $14.46 midday with volume of 40,256 (vs. average 18,676); the company has a market cap of ~$285.4M, a negative P/E, 50/200-day moving averages near $16.65/$16.82, and a one‑year range of $13.84–$24.49.
- Analyst coverage is negative (average rating: Sell, with recent downgrades), while institutional investors own about 24.55% and several funds have recently adjusted their positions.
Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report) Director Stephen Case acquired 2,500 shares of Maui Land & Pineapple stock in a transaction dated Wednesday, November 19th. The shares were bought at an average price of $14.48 per share, for a total transaction of $36,200.00. Following the transaction, the director owned 11,943,945 shares of the company's stock, valued at approximately $172,948,323.60. The trade was a 0.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Maui Land & Pineapple Price Performance
Shares of NYSE:MLP traded up $0.29 during midday trading on Friday, reaching $14.46. 40,256 shares of the company were exchanged, compared to its average volume of 18,676. The stock has a market cap of $285.37 million, a PE ratio of -20.36 and a beta of 0.75. The business's fifty day moving average is $16.65 and its two-hundred day moving average is $16.82. Maui Land & Pineapple Company, Inc. has a one year low of $13.84 and a one year high of $24.49. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.01.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Maui Land & Pineapple in a report on Wednesday, October 8th. Wall Street Zen downgraded Maui Land & Pineapple from a "hold" rating to a "sell" rating in a research report on Saturday, November 15th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of "Sell".
Read Our Latest Research Report on Maui Land & Pineapple
Hedge Funds Weigh In On Maui Land & Pineapple
A number of large investors have recently added to or reduced their stakes in the company. Strs Ohio purchased a new stake in shares of Maui Land & Pineapple during the 1st quarter valued at $26,000. Tower Research Capital LLC TRC lifted its holdings in Maui Land & Pineapple by 339.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,818 shares of the financial services provider's stock valued at $51,000 after acquiring an additional 2,177 shares during the period. Deutsche Bank AG grew its position in Maui Land & Pineapple by 233.2% during the first quarter. Deutsche Bank AG now owns 6,868 shares of the financial services provider's stock valued at $121,000 after buying an additional 4,807 shares during the period. Nuveen LLC purchased a new position in shares of Maui Land & Pineapple in the 1st quarter valued at about $181,000. Finally, Diametric Capital LP acquired a new position in shares of Maui Land & Pineapple during the 2nd quarter worth approximately $198,000. 24.55% of the stock is currently owned by institutional investors.
About Maui Land & Pineapple
(
Get Free Report)
Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
