Insider Selling: Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Sells 99,730 Shares of Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 99,730 shares of Five Point stock in a transaction on Monday, May 6th. The shares were sold at an average price of $3.09, for a total transaction of $308,165.70. Following the completion of the sale, the insider now owns 55,792 shares in the company, valued at $172,397.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Friday, May 3rd, Luxor Capital Group, Lp sold 3,400 shares of Five Point stock. The stock was 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 shares were sold at an average price of $2.99, for a total value 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 value 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 value 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 value 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 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 shares were 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.

Five Point Trading Down 1.1 %

FPH opened at $3.12 on Wednesday. Five Point Holdings, LLC has a 12 month low of $2.13 and a 12 month high of $3.74. The stock has a fifty day moving average price of $3.09 and a 200-day moving average price of $2.94. The firm has a market cap of $461.92 million, a price-to-earnings ratio of 3.66 and a beta of 1.41.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Five Point

A number of large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its position in Five Point by 1.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,184,583 shares of the company’s stock valued at $3,518,000 after buying an additional 19,262 shares in the last quarter. LexAurum Advisors LLC increased its holdings in shares of Five Point by 386.1% during the fourth quarter. LexAurum Advisors LLC now owns 102,561 shares of the company’s stock valued at $315,000 after acquiring an additional 81,461 shares in the last quarter. Raymond James & Associates raised its position in shares of Five Point by 6.7% in the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock valued at $849,000 after purchasing an additional 17,833 shares during the last quarter. ACR Alpine Capital Research LLC raised its position in shares of Five Point by 15.0% in the 4th quarter. ACR Alpine Capital Research LLC now owns 694,225 shares of the company’s stock valued at $2,131,000 after purchasing an additional 90,342 shares during the last quarter. Finally, O Keefe Stevens Advisory Inc. grew its position in Five Point by 1.6% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 1,548,559 shares of the company’s stock worth $4,754,000 after purchasing an additional 24,387 shares during the last quarter. 38.09% of the stock is currently owned by institutional investors.

Five Point Company Profile

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.