Insider at The St Joe Company (JOE) Makes Significant purchase of Stock Extends the Trend of Last Quarter

Wednesday, November 22, 2017 10:15 PM ET

Insider at The St Joe Company (JOE) Makes Significant purchase of Stock Extends the Trend of Last Quarter

There was significant buying activity in The St Joe Company shares by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Fairholme Capital Management Llc, 10% Owner and Director — purchased 200,000 shares in the company having a market value of approximately $3,766,000. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the purchase of 154,200 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net purchases of 354,200 shares and have averaged 177,100 shares per transaction over this time period.

Insider buy/sell trading at The St Joe Company is higher than the 32 peer company average over the last 90-day period. The Real Estate Rental, Development & Operations (NEC) peer group saw 4 buy/sell trades during this period for an average of 0.1 transactions per company. The number of shares per buy/sell trade for The St Joe Company insiders was also higher. Within the peer group there were 154,200 shares purchased and 12,750 shares sold with company insiders having bought 70,725 shares on average.

The data obtained in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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