Luxor Capital Group, Lp Sells 21,794 Shares of Five Point Holdings, LLC (NYSE:FPH) Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 21,794 shares of the firm’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $3.03, for a total value of $66,035.82. Following the transaction, the insider now directly owns 56,485 shares in the company, valued at $171,149.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 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 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 transaction of $133,572.63.
• On Wednesday, April 17th, Luxor Capital Group, Lp sold 700 shares of Five Point stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 Price Performance

Shares of FPH stock opened at $2.95 on Thursday. Five Point Holdings, LLC has a 12 month low of $2.13 and a 12 month high of $3.74. The company has a market capitalization of $437.46 million, a PE ratio of 3.47 and a beta of 1.43. The firm’s 50-day moving average is $3.12 and its two-hundred day moving average is $2.91.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. O Keefe Stevens Advisory Inc. grew its holdings in Five Point by 2.8% during the 3rd quarter. O Keefe Stevens Advisory Inc. now owns 1,524,172 shares of the company’s stock worth $4,527,000 after acquiring an additional 41,172 shares in the last quarter. Bfsg LLC acquired a new position in Five Point during the 3rd quarter worth approximately $116,000. Raymond James & Associates grew its holdings in Five Point by 6.7% during the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock worth $849,000 after acquiring an additional 17,833 shares in the last quarter. ACR Alpine Capital Research LLC lifted its position in shares of Five Point by 6.8% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 603,883 shares of the company’s stock worth $1,794,000 after buying an additional 38,498 shares during the last quarter. Finally, WINTON GROUP Ltd purchased a new stake in shares of Five Point during the 3rd quarter worth approximately $80,000. Institutional investors and hedge funds own 38.09% of the company’s stock.

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.