Key Points
- Stephen Case, a company director, purchased 2,630 shares of Maui Land & Pineapple at an average price of $15.99 for $42,053.70, bringing his total holdings to 11,979,084 shares (about $191.5M), a 0.02% increase in his position.
- MLP opened at $16.42 with a 12‑month range of $13.84–$23.41 and a market cap of $324.13M; the company reported $0.01 EPS on $4.53M revenue last quarter but shows negative profitability metrics (ROE -37.71% and net margin -61.64%).
- The stock carries an average rating of "Sell", though Wall Street Zen recently moved it to "Hold", and institutional investors own about 24.55% with several funds adjusting their stakes recently.
Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report) Director Stephen Case acquired 2,630 shares of the company's stock in a transaction dated Wednesday, December 3rd. The shares were bought at an average price of $15.99 per share, for a total transaction of $42,053.70. Following the acquisition, the director owned 11,979,084 shares in the company, valued at approximately $191,545,553.16. This trade represents a 0.02% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Maui Land & Pineapple Stock Performance
NYSE MLP opened at $16.42 on Friday. Maui Land & Pineapple Company, Inc. has a twelve month low of $13.84 and a twelve month high of $23.41. The stock has a market cap of $324.13 million, a PE ratio of -27.83 and a beta of 0.64. The firm has a 50-day simple moving average of $15.97 and a 200 day simple moving average of $16.85.
Maui Land & Pineapple (NYSE:MLP - Get Free Report) last issued its quarterly earnings results on Friday, November 14th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $4.53 million for the quarter. Maui Land & Pineapple had a negative return on equity of 37.71% and a negative net margin of 61.64%.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on the company. Wall Street Zen upgraded Maui Land & Pineapple from a "sell" rating to a "hold" rating in a research note on Saturday. Weiss Ratings reissued a "sell (d-)" rating on shares of Maui Land & Pineapple in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of "Sell".
Check Out Our Latest Research Report on MLP
Hedge Funds Weigh In On Maui Land & Pineapple
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Valueworks LLC boosted its position in Maui Land & Pineapple by 2.1% in the third quarter. Valueworks LLC now owns 992,322 shares of the financial services provider's stock valued at $18,497,000 after buying an additional 20,255 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Maui Land & Pineapple by 4.0% in the third quarter. Raymond James Financial Inc. now owns 77,540 shares of the financial services provider's stock valued at $1,445,000 after acquiring an additional 2,985 shares during the last quarter. Steinberganna Wealth Management bought a new position in shares of Maui Land & Pineapple in the third quarter valued at approximately $304,000. Tower Research Capital LLC TRC boosted its holdings 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. Finally, Diametric Capital LP bought a new stake in Maui Land & Pineapple during the 2nd quarter worth approximately $198,000. Institutional investors own 24.55% of the company's stock.
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.
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