Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Sells $20,482.00 in Stock

Five Point Holdings, LLC (NYSE:FPH - Get Free Report) major shareholder Luxor Capital Group, Lp sold 6,650 shares of the firm's stock in a transaction on Friday, May 10th. The stock was sold at an average price of $3.08, for a total transaction of $20,482.00. Following the transaction, the insider now directly owns 55,540 shares of the company's stock, valued at approximately $171,063.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

• On Wednesday, May 8th, Luxor Capital Group, Lp sold 1,400 shares of Five Point stock. The shares were sold at an average price of $3.11, for a total transaction of $4,354.00.
• On Monday, May 6th, Luxor Capital Group, Lp sold 99,730 shares of Five Point stock. The stock was sold at an average price of $3.09, for a total value of $308,165.70.
• On Friday, May 3rd, Luxor Capital Group, Lp sold 3,400 shares of Five Point stock. The shares were sold at an average price of $3.05, for a total value of $10,370.00.
• On Wednesday, April 24th, Luxor Capital Group, Lp sold 11,796 shares of Five Point stock. The stock was sold at an average price of $2.99, for a total transaction of $35,270.04.
• On Friday, April 19th, Luxor Capital Group, Lp sold 43,509 shares of Five Point stock. The stock was sold at an average price of $3.07, for a total value of $133,572.63.
• On Monday, April 22nd, Luxor Capital Group, Lp sold 21,794 shares of Five Point stock. The shares were sold at an average price of $3.03, for a total transaction of $66,035.82.
• On Wednesday, April 17th, Luxor Capital Group, Lp sold 700 shares of Five Point stock. The shares were sold at an average price of $3.10, for a total transaction of $2,170.00.
• On Monday, April 15th, Luxor Capital Group, Lp sold 725 shares of Five Point stock. The shares were sold at an average price of $3.17, for a total transaction of $2,298.25.
• On Friday, April 12th, Luxor Capital Group, Lp sold 546 shares of Five Point stock. The stock was sold at an average price of $3.11, for a total value of $1,698.06.
• On Wednesday, April 10th, Luxor Capital Group, Lp sold 23,881 shares of Five Point stock. The shares were sold at an average price of $3.07, for a total transaction of $73,314.67.

Five Point Stock Up 0.7 %

Five Point stock traded up $0.02 during mid-day trading on Friday, hitting $3.08. The company had a trading volume of 21,827 shares, compared to its average volume of 90,531. Five Point Holdings, LLC has a 1 year low of $2.13 and a 1 year high of $3.74. The stock has a market cap of $456.73 million, a price-to-earnings ratio of 3.62 and a beta of 1.41. The business has a fifty day moving average of $3.08 and a 200 day moving average of $2.94.

Five Point (NYSE:FPH - Get Free Report) last posted its earnings results on Thursday, April 18th. The company reported $0.03 earnings per share for the quarter. The business had revenue of $9.94 million during the quarter. Five Point had a return on equity of 3.19% and a net margin of 28.83%.

Wall Street Analyst Weigh In

Separately, TheStreet raised Five Point from a "d" rating to a "c-" rating in a report on Friday, January 19th.

Hedge Funds Weigh In On Five Point

Hedge funds have recently modified their holdings of the business. Raymond James & Associates boosted its stake in Five Point by 6.7% during the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company's stock worth $849,000 after purchasing an additional 17,833 shares during the period. Aristeia Capital LLC purchased a new stake in shares of Five Point in the third quarter valued at about $54,000. Wellington Management Group LLP boosted its stake in shares of Five Point by 1.7% during the third quarter. Wellington Management Group LLP now owns 1,184,583 shares of the company's stock worth $3,518,000 after buying an additional 19,262 shares during the period. O Keefe Stevens Advisory Inc. grew its holdings in shares of Five Point by 1.6% during the fourth quarter. O Keefe Stevens Advisory Inc. now owns 1,548,559 shares of the company's stock worth $4,754,000 after buying an additional 24,387 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new position in Five Point in the 3rd quarter valued at about $80,000. 38.09% of the stock is currently owned by hedge funds and other institutional investors.

About Five Point

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, research and development, medical campus, and other properties; and provides development and property management services.

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