Luxor Capital Group, Lp Sells 3,400 Shares of Five Point Holdings, LLC (NYSE:FPH) Stock

Five Point Holdings, LLC (NYSE:FPH) major shareholder Luxor Capital Group, Lp sold 3,400 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $3.05, for a total transaction of $10,370.00. Following the completion of the transaction, the insider now owns 56,334 shares in the company, valued at $171,818.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

• On Monday, May 6th, Luxor Capital Group, Lp sold 99,730 shares of Five Point stock. The stock was sold at an average price of $3.09, for a total transaction of $308,165.70.
• On Wednesday, April 24th, Luxor Capital Group, Lp sold 11,796 shares of Five Point stock. The stock was sold at an average price of $2.99, for a total transaction of $35,270.04.
• On Friday, April 19th, Luxor Capital Group, Lp sold 43,509 shares of Five Point stock. The shares were sold at an average price of $3.07, for a total value of $133,572.63.
• On Monday, April 22nd, Luxor Capital Group, Lp sold 21,794 shares of Five Point stock. The stock was sold at an average price of $3.03, for a total value of $66,035.82.
• On Wednesday, April 17th, Luxor Capital Group, Lp sold 700 shares of Five Point stock. The shares were sold at an average price of $3.10, for a total value of $2,170.00.
• On Monday, April 15th, Luxor Capital Group, Lp sold 725 shares of Five Point stock. The stock was sold at an average price of $3.17, for a total value of $2,298.25.
• On Friday, April 12th, Luxor Capital Group, Lp sold 546 shares of Five Point stock. The stock was sold at an average price of $3.11, for a total transaction of $1,698.06.
• On Wednesday, April 10th, Luxor Capital Group, Lp sold 23,881 shares of Five Point stock. The shares were sold at an average price of $3.07, for a total transaction of $73,314.67.
• On Monday, April 8th, Luxor Capital Group, Lp sold 3,971 shares of Five Point stock. The stock was sold at an average price of $3.19, for a total transaction of $12,667.49.
• On Monday, April 1st, Luxor Capital Group, Lp sold 4,163 shares of Five Point stock. The shares were sold at an average price of $3.15, for a total transaction of $13,113.45.

Five Point Price Performance

Shares of Five Point stock opened at $3.11 on Thursday. The firm has a market cap of $461.18 million, a PE ratio of 3.66 and a beta of 1.41. The company’s fifty day simple moving average is $3.09 and its two-hundred day simple moving average is $2.94. Five Point Holdings, LLC has a 12-month low of $2.13 and a 12-month high of $3.74.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded Five Point from a “d” rating to a “c-” rating in a research report on Friday, January 19th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Aristeia Capital LLC purchased a new stake in Five Point in the third quarter worth about $54,000. WINTON GROUP Ltd bought a new position in Five Point in the third quarter worth $80,000. LexAurum Advisors LLC boosted its holdings in shares of Five Point by 386.1% during the 4th quarter. LexAurum Advisors LLC now owns 102,561 shares of the company’s stock valued at $315,000 after buying an additional 81,461 shares in the last quarter. Raymond James & Associates grew its position in shares of Five Point by 6.7% in the 3rd quarter. Raymond James & Associates now owns 285,914 shares of the company’s stock worth $849,000 after buying an additional 17,833 shares during the period. Finally, Park West Asset Management LLC increased its stake in shares of Five Point by 75.0% in the 4th quarter. Park West Asset Management LLC now owns 350,000 shares of the company’s stock worth $1,074,000 after acquiring an additional 150,000 shares in the last quarter. Hedge funds and other institutional investors own 38.09% of the company’s stock.

Five Point Company Profile

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.