FRP (NASDAQ:FRPH) COO Sells $35,130.00 in Stock

FRP Holdings, Inc. (NASDAQ:FRPH - Get Free Report) COO David Devilliers III sold 1,500 shares of the business's stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $23.42, for a total transaction of $35,130.00. Following the transaction, the chief operating officer directly owned 56,159 shares in the company, valued at $1,315,243.78. The trade was a 2.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.FRP Trading Down 1.1%FRPH stock traded down $0.26 during midday trading on Monday, reaching $23.14. The company had a trading volume of 66,813 shares, compared to its average volume of 51,006. The company has a 50 day moving average of $23.79 and a two-hundred day moving average of $25.37. The company has a market capitalization of $442.42 million, a P/E ratio of 96.37 and a beta of 0.56. FRP Holdings, Inc. has a 1 year low of $21.68 and a 1 year high of $31.99. FRP (NASDAQ:FRPH - Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.03 earnings per share for the quarter. FRP had a net margin of 10.90% and a return on equity of 1.00%. The business had revenue of $10.78 million for the quarter. Analysts Set New Price TargetsSeveral equities research analysts recently commented on FRPH shares. Weiss Ratings reissued a "sell (d+)" rating on shares of FRP in a research note on Monday, December 8th. Wall Street Zen lowered shares of FRP from a "hold" rating to a "sell" rating in a research note on Saturday, November 15th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, FRP presently has a consensus rating of "Sell".View Our Latest Research Report on FRPHHedge Funds Weigh In On FRPA number of institutional investors have recently made changes to their positions in FRPH. CWM LLC boosted its position in FRP by 86.0% in the third quarter. CWM LLC now owns 1,520 shares of the financial services provider's stock valued at $37,000 after buying an additional 703 shares in the last quarter. Focus Partners Wealth bought a new position in FRP in the third quarter valued at approximately $42,000. BNP Paribas Financial Markets grew its stake in shares of FRP by 30.0% during the second quarter. BNP Paribas Financial Markets now owns 2,214 shares of the financial services provider's stock worth $60,000 after purchasing an additional 511 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of FRP by 517.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,606 shares of the financial services provider's stock valued at $70,000 after acquiring an additional 2,184 shares during the last quarter. Finally, Strs Ohio bought a new stake in FRP in the first quarter valued at approximately $74,000. 45.42% of the stock is currently owned by institutional investors. About FRP (Get Free Report)FRP Holdings, Inc engages in the real estate business in the United States. It operates through four segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The Industrial and Commercial segment owns, leases, and manages commercial properties. The Mining Royalty Lands segment leases and manages mining royalties owned by the company primarily in Florida, Georgia, and Virginia.Featured ArticlesFive stocks we like better than FRPWhat Does Downgrade Mean in Investing?The Vertiv Pullback: Ignore the Noise, Buy the DataHow to Invest in Blue Chip StocksInsiders Buy Natural Gas Stocks: 2 for the WatchlistDo Real Estate Investment Trusts Deserve a Place in Your Portfolio?Rivian’s Autonomy Bombshell Changes Everything—Even Its ValuationThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in FRP Right Now?Before you consider FRP, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FRP wasn't on the list.While FRP currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here