Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Sells $333,790.08 in Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 106,984 shares of Five Point stock in a transaction on Friday, July 19th. The stock was sold at an average price of $3.12, for a total transaction of $333,790.08. Following the sale, the insider now directly owns 54,928 shares of the company’s stock, valued at approximately $171,375.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Major shareholders that own more than 10% 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 Monday, May 13th, Luxor Capital Group, Lp sold 5,700 shares of Five Point stock. The stock was sold at an average price of $3.10, for a total transaction of $17,670.00.
• On Friday, May 10th, Luxor Capital Group, Lp sold 6,650 shares of Five Point stock. The stock was sold at an average price of $3.08, for a total transaction of $20,482.00.
• On Wednesday, May 8th, Luxor Capital Group, Lp sold 1,400 shares of Five Point stock. The stock was 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 transaction of $308,165.70.
• 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 transaction 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.

Five Point Stock Up 0.3 %

Shares of NYSE FPH opened at $3.21 on Friday. The company’s fifty day moving average is $3.08 and its 200-day moving average is $3.11. The stock has a market cap of $476.01 million, a price-to-earnings ratio of 3.78 and a beta of 1.47. Five Point Holdings, LLC has a twelve month low of $2.13 and a twelve month high of $3.60.

Institutional Investors Weigh In On Five Point

Several institutional investors have recently added to or reduced their stakes in the stock. Hillsdale Investment Management Inc. lifted its position in Five Point by 12.6% in the 1st quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock valued at $140,000 after acquiring an additional 5,000 shares in the last quarter. TCW Group Inc. lifted its position in Five Point by 0.4% in the 2nd quarter. TCW Group Inc. now owns 1,133,537 shares of the company’s stock valued at $3,321,000 after acquiring an additional 5,000 shares in the last quarter. Wellington Management Group LLP lifted its position in Five Point by 1.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,184,583 shares of the company’s stock valued at $3,518,000 after acquiring an additional 19,262 shares in the last quarter. O Keefe Stevens Advisory Inc. lifted its position in Five Point by 1.9% in the 1st quarter. O Keefe Stevens Advisory Inc. now owns 1,577,400 shares of the company’s stock valued at $4,937,000 after acquiring an additional 28,841 shares in the last quarter. Finally, ACR Alpine Capital Research LLC lifted its position in 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 acquiring an additional 90,342 shares in the last quarter. 38.09% of the stock is owned by 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.