Five Point Holdings, LLC (NYSE:FPH) Major Shareholder Luxor Capital Group, Lp Sells 5,700 Shares of Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 5,700 shares of the firm’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $3.10, for a total transaction of $17,670.00. Following the completion of the sale, the insider now owns 55,509 shares of the company’s stock, valued at approximately $172,077.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more 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, May 10th, Luxor Capital Group, Lp sold 6,650 shares of Five Point stock. The shares were sold at an average price of $3.08, for a total value 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 value 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 value 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 shares were sold at an average price of $2.99, for a total transaction 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 transaction 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 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 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 shares were sold at an average price of $3.11, for a total value of $1,698.06.

Five Point Price Performance

Shares of NYSE FPH traded down $0.03 on Thursday, hitting $3.21. The company’s stock had a trading volume of 35,048 shares, compared to its average volume of 88,774. The stock has a 50 day moving average of $3.08 and a 200-day moving average of $2.97. 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 $476.01 million, a price-to-earnings ratio of 3.79 and a beta of 1.41.

Five Point (NYSE:FPH) last posted its earnings results on Thursday, April 18th. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $9.94 million for the quarter. Five Point had a return on equity of 3.19% and a net margin of 28.83%.

Analyst Upgrades and Downgrades

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

Institutional Trading of Five Point

A number of large investors have recently made changes to their positions in FPH. Aristeia Capital LLC acquired a new position in Five Point in the 3rd quarter valued at about $54,000. WINTON GROUP Ltd purchased a new stake in shares of Five Point during the third quarter worth about $80,000. Hillsdale Investment Management Inc. raised its position in shares of Five Point by 12.6% in the first quarter. Hillsdale Investment Management Inc. now owns 44,700 shares of the company’s stock valued at $140,000 after buying an additional 5,000 shares during the last quarter. LexAurum Advisors LLC lifted its stake 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 buying an additional 81,461 shares during the period. Finally, Raymond James & Associates boosted its position in Five Point by 6.7% during the third quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock worth $849,000 after acquiring an additional 17,833 shares during the last quarter. 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.