Key Points
- Director purchase: Director Stephen Case bought 5,000 shares on Nov. 24 at $15.13 each for $75,650, bringing his direct stake to 11,958,945 shares (a 0.04% increase) valued at about $180.94M, per an SEC Form 4 filing.
- Stock snapshot: MLP recently traded at $15.85 with a 12‑month range of $13.84–$24.49, a market cap of $312.93M and a negative P/E of -22.33; its 50- and 200-day SMAs are $16.41 and $16.84, respectively.
- Sentiment and ownership: Analyst coverage is bearish (average "Sell", including Weiss and Wall Street Zen downgrades), while institutions own about 24.55% of the shares and First Hawaiian Bank recently established a roughly $52.7M position.
Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report) Director Stephen Case acquired 5,000 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was acquired at an average price of $15.13 per share, for a total transaction of $75,650.00. Following the transaction, the director directly owned 11,958,945 shares of the company's stock, valued at $180,938,837.85. This represents a 0.04% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Maui Land & Pineapple Price Performance
Shares of Maui Land & Pineapple stock traded up $0.38 on Thursday, hitting $15.85. 19,784 shares of the company traded hands, compared to its average volume of 18,806. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.01. The firm's 50-day simple moving average is $16.41 and its 200 day simple moving average is $16.84. Maui Land & Pineapple Company, Inc. has a 12-month low of $13.84 and a 12-month high of $24.49. The company has a market cap of $312.93 million, a P/E ratio of -22.33 and a beta of 0.75.
Institutional Trading of Maui Land & Pineapple
A number of large investors have recently made changes to their positions in the stock. Deutsche Bank AG grew its stake in Maui Land & Pineapple by 233.2% in the first quarter. Deutsche Bank AG now owns 6,868 shares of the financial services provider's stock worth $121,000 after purchasing an additional 4,807 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Maui Land & Pineapple during the 1st quarter worth $181,000. Valueworks LLC lifted its position in shares of Maui Land & Pineapple by 14.5% during the first quarter. Valueworks LLC now owns 919,343 shares of the financial services provider's stock valued at $16,153,000 after buying an additional 116,076 shares during the last quarter. Strs Ohio bought a new stake in shares of Maui Land & Pineapple in the 1st quarter valued at about $26,000. Finally, First Hawaiian Bank purchased a new position in shares of Maui Land & Pineapple in the 1st quarter worth approximately $52,710,000. 24.55% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on MLP. Weiss Ratings restated a "sell (d-)" rating on shares of Maui Land & Pineapple in a report on Wednesday, October 8th. Wall Street Zen lowered shares of Maui Land & Pineapple from a "hold" rating to a "sell" rating in a research note on Saturday, November 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of "Sell".
View Our Latest Stock Report on MLP
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.
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