benzinga123d ago
A substantial insider sell was reported on January 20, by BRUCE BERKOWITZ, 10% Owner at St. Joe (NYSE:JOE), based on the recent SEC filing.What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday outlined that BERKOWITZ executed a sale of 101,600 shares of St. Joe with a total value of $6,655,677.St. Joe shares are trading up 0.61% at $64.11 at the time of this writing on Wednesday morning.Unveiling the Story Behind St. JoeThe St. Joe Co is a real estate development, asset management, and operating company and it has three operating segments; the Residential segment plans and develops residential communities and sells homesites to homebuilders or retail consumers, the Hospitality segment that derives maximum revenue, features a private membership club, hotel operations, food and beverage operations, golf courses, beach clubs, retail outlets, gulf-front vacation rentals, management services, marinas, and other entertainment assets, and Commercial segment include leasing of commercial property, multi-family, senior living, self-storage, and other assets and it also oversees the planning, development, entitlement, management, and sale of commercial and rural land holdings.Financial Insights: St. JoeRevenue Growth: St. Joe's remarkable performance in 3 months is evident. As of 30 ...Full story available on Benzinga.com