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JOE

Insider Bets Paying Off At JOE As New 52-Week High Reached

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Shutterstock photo

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In trading on Tuesday, shares of St. Joe Co. (Symbol: JOE) touched a new 52-week high of $19.90/share. That's a 20.97% rise, or $3.45 per share from the 52-week low of $16.45 set back on 05/05/2017. That means at today's intraday high, any investor who purchased JOE stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, JOE has seen 3 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/13/2017 Capital Management Llc Fairholme Director 154,200 $17.98 $2,773,104.00
11/17/2017 Capital Management Llc Fairholme Director 199,700 $18.48 $3,690,738.00
11/22/2017 Capital Management Llc Fairholme Director 200,000 $18.83 $3,766,000.00
11/29/2017 Capital Management Llc Fairholme Director 258,000 $18.91 $4,879,400.00
12/05/2017 Capital Management Llc Fairholme Director 194,600 $18.47 $3,593,825.00
12/08/2017 Capital Management Llc Fairholme Director 106,300 $18.49 $1,965,696.00
12/11/2017 Jorge Luis Gonzalez President - CEO 1,300 $18.60 $24,180.00
12/13/2017 Howard S. Frank Director 20,000 $18.98 $379,510.00
12/12/2017 Capital Management Llc Fairholme Director 135,100 $18.73 $2,530,423.00
03/08/2018 Capital Management Llc Fairholme Director 58,000 $18.97 $1,100,288.00
03/08/2018 Cesar L. Alvarez Director 3,300 $19.00 $62,695.00

The chart below shows where JOE has traded over the past year, with the 50-day and 200-day moving averages included.

St. Joe Co. Moving Averages Chart

In afternoon trading on Tuesday, JOE shares are changing hands at $19.65/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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