Fairholme Funds & Bruce Berkowitz Continue Selling ST JOE Co Shares
JOE sits 45% above its 52-week low of $45.83.
Summary
Major beneficial owner Fairholme Capital Management and Bruce Berkowitz disclosed additional sales of ST JOE Co shares totaling $40.74 million, continuing a trend of reducing their stake.
Key Events · Ownership and Investor Activity · JOE
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Significant Share Sales
Fairholme Capital Management, Bruce R. Berkowitz, and Fairholme Funds, Inc. sold 622,200 shares of ST JOE Co common stock.
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Total Transaction Value
The sales amounted to approximately $40.74 million, executed in open-market transactions between May 8 and June 18, 2026.
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Continued Stake Reduction
This filing indicates a continued reduction in the beneficial ownership stake held by these major investors, following previous sales reported in May.
Analysis · JOE · Real Estate & Construction
Fairholme Capital Management, Bruce R. Berkowitz, and Fairholme Funds, Inc., significant beneficial owners, reported the sale of 622,200 shares of ST JOE Co common stock for approximately $40.74 million. These open-market sales occurred between May 8, 2026, and June 18, 2026, and represent a continued reduction in their stake, following previous disclosures of sales.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.4% of the 1637 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, JOE was trading at $66.31 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $3.8B. The 52-week trading range was $45.83 to $73.54. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.