Five Point Holdings, LLC (NYSE:FPH) Short Interest Update

Five Point Holdings, LLC (NYSE:FPH) saw a significant drop in short interest in October. As of October 31st, there was short interest totalling 110,100 shares, a drop of 15.8% from the October 15th total of 130,800 shares. Based on an average daily trading volume, of 448,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

Five Point Price Performance

Shares of NYSE:FPH traded up $0.05 during midday trading on Monday, reaching $3.82. The company had a trading volume of 33,695 shares, compared to its average volume of 193,664. Five Point has a one year low of $2.38 and a one year high of $4.39. The stock has a market capitalization of $566.47 million, a P/E ratio of 5.39 and a beta of 1.47. The stock’s fifty day moving average price is $3.82 and its 200-day moving average price is $3.35.

Five Point (NYSE:FPH) last issued 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 business had revenue of $17.01 million for the quarter.

Insider Buying and Selling at Five Point

In other Five Point news, Director Sam Levinson purchased 3,283,024 shares of the firm’s stock in a transaction on Tuesday, October 22nd. The shares were purchased at an average cost of $3.15 per share, with a total value of $10,341,525.60. Following the purchase, the director now owns 6,219,241 shares in the company, valued at approximately $19,590,609.15. This represents a 111.81 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Luxor Capital Group, Lp sold 8,990,369 shares of the business’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $3.13, for a total value of $28,139,854.97. Following the transaction, the insider now owns 4,248 shares in the company, valued at approximately $13,296.24. This represents a 99.95 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,104,569 shares of company stock valued at $28,529,747. Corporate insiders own 4.36% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. XTX Topco Ltd bought a new position in Five Point in the 3rd quarter worth approximately $70,000. Pure Financial Advisors LLC acquired a new stake in Five Point during the 3rd quarter valued at $73,000. Jane Street Group LLC acquired a new stake in shares of Five Point in the third quarter worth $76,000. WINTON GROUP Ltd grew its holdings in shares of Five Point by 89.3% during the second quarter. WINTON GROUP Ltd now owns 36,452 shares of the company’s stock valued at $107,000 after buying an additional 17,196 shares in the last quarter. Finally, Hillsdale Investment Management Inc. raised its position in Five Point by 12.6% during 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 period. Institutional investors own 38.09% of the company’s stock.

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.