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Bruce Berkowitz Makes a Bold Move with St Joe Company Stock Sale!

New insider activity at St Joe Company ( (JOE) ) has taken place on March 8, 2025.

Significant shareholder Bruce Berkowitz has made a notable move by selling 188,700 shares of St Joe Company stock, amounting to a substantial transaction worth $8,885,007.

Recent Updates on JOE stock

St. Joe Company reported a robust financial performance for Q4 and the full year of 2024, with a 43% increase in quarterly net income and a 20% rise in revenue year-over-year. The company’s strong results were driven by significant growth across its real estate, hospitality, and leasing segments, with notable contributions from joint ventures. Additionally, St. Joe declared a quarterly dividend and expanded its stock repurchase authority, signaling confidence in its financial health and commitment to shareholder returns. These developments, along with strategic investments and strong demand across business segments, underpin the company’s optimistic growth outlook.

More about St Joe Company

YTD Price Performance: 5.26%

Average Trading Volume: 246,656

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.74B

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