Five Point Holdings, LLC (NYSE:FPH – Get Free Report) Director Sam Levinson purchased 3,283,024 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The stock was purchased at an average price of $3.15 per share, with a total value of $10,341,525.60. Following the transaction, the director now owns 6,219,241 shares of the company’s stock, valued at approximately $19,590,609.15. This represents a 100.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Five Point Trading Down 1.8 %
Shares of NYSE FPH opened at $3.83 on Friday. The stock has a market cap of $567.95 million, a price-to-earnings ratio of 4.51 and a beta of 1.46. The company’s 50-day moving average price is $3.58 and its 200 day moving average price is $3.25. Five Point Holdings, LLC has a 52 week low of $2.13 and a 52 week high of $4.39.
Five Point (NYSE:FPH – Get Free Report) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.07 earnings per share for the quarter. Five Point had a net margin of 21.73% and a return on equity of 2.70%. The business had revenue of $17.01 million during the quarter.
Hedge Funds Weigh In On Five Point
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.
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