Key Points
- Director Stephen Case purchased 2,109 shares on Nov. 26 at $15.48 each (totaling $32,647.32), raising his holdings to 11,966,054 shares — a 0.02% increase valued at roughly $185.2 million.
- Maui Land & Pineapple has a consensus "Sell" rating, trades around $15.91 (below its 50- and 200-day moving averages), carries a negative PE (-22.40) and a market cap of about $314 million.
Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report) Director Stephen Case purchased 2,109 shares of Maui Land & Pineapple stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average price of $15.48 per share, for a total transaction of $32,647.32. Following the completion of the acquisition, the director owned 11,966,054 shares of the company's stock, valued at approximately $185,234,515.92. The trade was a 0.02% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Maui Land & Pineapple Stock Up 0.4%
Shares of NYSE MLP opened at $15.91 on Tuesday. The company has a 50 day simple moving average of $16.20 and a 200 day simple moving average of $16.87. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.77 and a quick ratio of 0.77. Maui Land & Pineapple Company, Inc. has a 1 year low of $13.84 and a 1 year high of $24.48. The firm has a market cap of $314.04 million, a PE ratio of -22.40 and a beta of 0.75.
Institutional Investors Weigh In On Maui Land & Pineapple
Several large investors have recently modified their holdings of the company. Raymond James Financial Inc. raised its stake in Maui Land & Pineapple by 1.4% during the second quarter. Raymond James Financial Inc. now owns 74,555 shares of the financial services provider's stock worth $1,356,000 after buying an additional 1,000 shares during the last quarter. Strs Ohio acquired a new stake in Maui Land & Pineapple during the 1st quarter worth about $26,000. Tower Research Capital LLC TRC raised its position in shares of Maui Land & Pineapple by 339.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,818 shares of the financial services provider's stock worth $51,000 after acquiring an additional 2,177 shares in the last quarter. NBC Securities Inc. lifted its stake in shares of Maui Land & Pineapple by 8.0% in the 2nd quarter. NBC Securities Inc. now owns 46,740 shares of the financial services provider's stock valued at $850,000 after purchasing an additional 3,450 shares during the period. Finally, Deutsche Bank AG boosted its position in shares of Maui Land & Pineapple by 233.2% during the 1st quarter. Deutsche Bank AG now owns 6,868 shares of the financial services provider's stock valued at $121,000 after purchasing an additional 4,807 shares in the last quarter. 24.55% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
MLP has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Maui Land & Pineapple from a "hold" rating to a "sell" rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Maui Land & Pineapple in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Maui Land & Pineapple presently has a consensus rating of "Sell".
View Our Latest Stock Report on MLP
Maui Land & Pineapple Company Profile
(
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.
Further Reading
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