Luxor Capital Group, Lp Sells 43,509 Shares of Five Point Holdings, LLC (NYSE:FPH) Stock

Posted by Maria Luz-Campos on Apr 26th, 2024

Five Point Holdings, LLC (NYSE:FPH – Get Free Report) major shareholder Luxor Capital Group, Lp sold 43,509 shares of the company’s stock in a transaction dated Friday, April 19th. The shares were sold at an average price of $3.07, for a total transaction of $133,572.63. Following the completion of the transaction, the insider now directly owns 56,603 shares of the company’s stock, valued at $173,771.21. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

On Monday, April 22nd, Luxor Capital Group, Lp sold 21,794 shares of Five Point stock. The stock was 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 stock was 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 stock was 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 transaction of $1,698.06.
On Wednesday, April 10th, Luxor Capital Group, Lp sold 23,881 shares of Five Point stock. The stock was sold at an average price of $3.07, for a total transaction of $73,314.67.
On Monday, April 8th, Luxor Capital Group, Lp sold 3,971 shares of Five Point stock. The stock was sold at an average price of $3.19, for a total transaction of $12,667.49.
On Monday, April 1st, Luxor Capital Group, Lp sold 4,163 shares of Five Point stock. The stock was sold at an average price of $3.15, for a total transaction of $13,113.45.
On Thursday, March 28th, Luxor Capital Group, Lp sold 1,251 shares of Five Point stock. The stock was sold at an average price of $3.20, for a total transaction of $4,003.20.
On Tuesday, March 26th, Luxor Capital Group, Lp sold 7,732 shares of Five Point stock. The stock was sold at an average price of $3.19, for a total transaction of $24,665.08.

Five Point Stock Down 1.0 %

Shares of NYSE FPH opened at $2.92 on Friday. The firm’s 50-day moving average price is $3.12 and its two-hundred day moving average price is $2.91. Five Point Holdings, LLC has a 52-week low of $2.13 and a 52-week high of $3.74. The stock has a market capitalization of $433.01 million, a P/E ratio of 3.44 and a beta of 1.43.

Institutional Investors Weigh In On Five Point

Several large investors have recently made changes to their positions in FPH. Aristeia Capital LLC acquired a new stake in shares of Five Point in the third quarter valued at approximately $54,000. WINTON GROUP Ltd acquired a new stake in shares of Five Point in the third quarter valued at approximately $80,000. Bfsg LLC acquired a new stake in shares of Five Point in the third quarter valued at approximately $116,000. LexAurum Advisors LLC increased its stake in shares of Five Point by 386.1% in the fourth quarter. LexAurum Advisors LLC now owns 102,561 shares of the company’s stock valued at $315,000 after purchasing an additional 81,461 shares during the period. Finally, Raymond James & Associates increased its stake in shares of Five Point by 6.7% during the third quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock valued at $849,000 after acquiring an additional 17,833 shares during the period. Institutional investors and hedge funds own 38.09% of the company’s stock.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on Five Point

Five Point Company Profile

(Get Free Report)

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.