Sell Alert: BRUCE BERKOWITZ Cashes Out $4.48M In St. Joe Stock

benzinga_article
2025.12.18 15:01
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Bruce Berkowitz, a 10% owner of St. Joe, sold 71,900 shares valued at $4.48 million, as per an SEC filing. Despite the sale, St. Joe's stock remained stable at $61.73. The company, a real estate developer, showed strong financial performance with a 62.69% revenue growth and a high gross margin of 43.32%. However, its debt-to-equity ratio and valuation metrics suggest financial risk and potential overvaluation. Insider transactions like Berkowitz's are part of broader investment analysis.