Key Points
- Director Stephen Case bought 3,000 shares — he acquired the shares at $16.38 each on December 8 for $49,140, bringing his direct stake to 11,982,084 shares (about $196.27 million), a 0.03% increase in his position.
- Stock valuation and outlook — MLP traded around $16.96 with a market cap of $334.79 million, a negative P/E of -28.75 and a 12‑month range of $13.84–$23.41, while analysts’ consensus rating remains a Sell.
Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report) Director Stephen Case bought 3,000 shares of Maui Land & Pineapple stock in a transaction that occurred on Monday, December 8th. The shares were acquired at an average price of $16.38 per share, for a total transaction of $49,140.00. Following the completion of the transaction, the director directly owned 11,982,084 shares of the company's stock, valued at $196,266,535.92. This trade represents a 0.03% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Maui Land & Pineapple Price Performance
NYSE:MLP traded up $0.25 during mid-day trading on Thursday, reaching $16.96. The company's stock had a trading volume of 10,999 shares, compared to its average volume of 20,080. The stock has a market cap of $334.79 million, a P/E ratio of -28.75 and a beta of 0.64. The company's fifty day simple moving average is $15.86 and its two-hundred day simple moving average is $16.88. Maui Land & Pineapple Company, Inc. has a twelve month low of $13.84 and a twelve month high of $23.41.
Maui Land & Pineapple (NYSE:MLP - Get Free Report) last announced its quarterly earnings data on Friday, November 14th. The financial services provider reported $0.01 earnings per share for the quarter. Maui Land & Pineapple had a negative net margin of 61.64% and a negative return on equity of 37.71%. The business had revenue of $4.53 million for the quarter.
Institutional Investors Weigh In On Maui Land & Pineapple
Large investors have recently added to or reduced their stakes in the company. Strs Ohio acquired a new position in Maui Land & Pineapple in the 1st quarter worth $26,000. Tower Research Capital LLC TRC increased its position in shares of Maui Land & Pineapple by 339.6% during the second 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 during the last quarter. Deutsche Bank AG lifted its stake in shares of 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 acquiring an additional 4,807 shares in the last quarter. Nuveen LLC purchased a new position in Maui Land & Pineapple in the first quarter valued at about $181,000. Finally, Diametric Capital LP purchased a new position in Maui Land & Pineapple in the second quarter valued at about $198,000. 24.55% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Maui Land & Pineapple in a report on Wednesday, October 8th. Wall Street Zen raised shares of Maui Land & Pineapple from a "sell" rating to a "hold" rating in a research note on Saturday, December 6th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of "Sell".
View Our Latest Analysis on Maui Land & Pineapple
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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