Five Point Holdings, LLC (NYSE:FPH - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 261,972 shares traded hands during trading, an increase of 53% from the previous session's volume of 171,354 shares.The stock last traded at $3.60 and had previously closed at $3.72.
Five Point Price Performance
The business has a 50 day simple moving average of $3.83 and a 200 day simple moving average of $3.54. The stock has a market cap of $545.71 million, a PE ratio of 5.26 and a beta of 1.46.
Five Point (NYSE:FPH - Get Free Report) last posted its earnings results on Thursday, October 17th. The company reported $0.07 earnings per share (EPS) for the quarter. Five Point had a net margin of 26.19% and a return on equity of 2.57%. The firm had revenue of $17.01 million during the quarter.
Insider Activity
In other Five Point news, Director Sam Levinson purchased 3,283,024 shares of the company's stock in a transaction on Tuesday, October 22nd. The shares were bought at an average cost of $3.15 per share, with a total value of $10,341,525.60. Following the transaction, the director now directly owns 6,219,241 shares in the company, valued at approximately $19,590,609.15. This represents a 111.81 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 4.36% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Five Point
Several hedge funds and other institutional investors have recently modified their holdings of FPH. XTX Topco Ltd acquired a new position in Five Point during the 3rd quarter valued at $70,000. Pure Financial Advisors LLC bought a new position in shares of Five Point during the 3rd quarter worth about $73,000. Jane Street Group LLC acquired a new position in shares of Five Point during the third quarter valued at about $76,000. Virtu Financial LLC bought a new stake in shares of Five Point in the third quarter valued at about $105,000. Finally, WINTON GROUP Ltd grew its position in Five Point by 89.3% during the second quarter. WINTON GROUP Ltd now owns 36,452 shares of the company's stock worth $107,000 after buying an additional 17,196 shares in the last quarter. Institutional investors and hedge funds own 38.09% of the company's stock.
About Five Point
(
Get Free Report)
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.
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