TSX higher on employment data
Fairholme Funds INC, along with Bruce R. Berkowitz, reported selling 25,300 shares of ST JOE Co (NASDAQ:JOE) common stock on August 28, 2025. The shares were sold at $51.00, with the total transaction amounting to $1.29 million. The sale occurred near the stock’s current trading level of $49.45, with JOE maintaining a market capitalization of $2.86 billion. According to InvestingPro analysis, the company trades at a P/E ratio of 34.8x and has demonstrated strong revenue growth of 10% over the last twelve months.
Following the transaction, Fairholme Funds Inc. directly holds 16,428,724 shares of the company. Bruce R. Berkowitz directly holds 606,866 shares in the company. InvestingPro data reveals the company maintains a GOOD financial health score, with liquid assets exceeding short-term obligations. Subscribers can access 7 additional exclusive ProTips and a comprehensive Pro Research Report, part of InvestingPro’s coverage of 1,400+ US stocks.
In other recent news, St. Joe Company reported a notable second quarter for 2025, with revenue rising by 16%. The company also experienced a 20% growth in net income, showcasing its strong financial performance. Earnings per share (EPS) reached $0.51, aligning with market expectations. These results highlight the company’s effective strategic initiatives. The positive earnings report has drawn attention from analysts and investors alike. While specific stock price movements were noted, the focus remains on St. Joe’s financial health and operational success. These developments underscore the company’s robust position in the market.
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