Stephen Case Purchases 2,109 Shares of Maui Land & Pineapple (NYSE:MLP) Stock

Maui Land & Pineapple Company, Inc. (NYSE:MLP) Director Stephen Case purchased 2,109 shares of Maui Land & Pineapple stock in a transaction dated Wednesday, November 26th. The stock was bought at an average cost of $15.48 per share, with a total value of $32,647.32. Following the completion of the purchase, the director owned 11,966,054 shares in the company, valued at approximately $185,234,515.92. This trade represents a 0.02% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Maui Land & Pineapple Price Performance

Shares of Maui Land & Pineapple stock traded up $0.06 on Monday, hitting $15.91. The company had a trading volume of 29,518 shares, compared to its average volume of 18,874. Maui Land & Pineapple Company, Inc. has a 52 week low of $13.84 and a 52 week high of $24.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $314.04 million, a PE ratio of -22.40 and a beta of 0.75. The business has a 50-day simple moving average of $16.26 and a 200-day simple moving average of $16.86.

Institutional Trading of Maui Land & Pineapple

Several institutional investors and hedge funds have recently bought and sold shares of MLP. Valueworks LLC lifted its stake in Maui Land & Pineapple by 2.1% during the third quarter. Valueworks LLC now owns 992,322 shares of the financial services provider’s stock valued at $18,497,000 after buying an additional 20,255 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Maui Land & Pineapple by 4.0% in the 3rd quarter. Raymond James Financial Inc. now owns 77,540 shares of the financial services provider’s stock valued at $1,445,000 after acquiring an additional 2,985 shares in the last quarter. Steinberganna Wealth Management purchased a new stake in shares of Maui Land & Pineapple in the 3rd quarter valued at approximately $304,000. Tower Research Capital LLC TRC boosted its stake in Maui Land & Pineapple by 339.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,818 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 2,177 shares during the period. Finally, Diametric Capital LP purchased a new position in Maui Land & Pineapple during the 2nd quarter worth approximately $198,000. Institutional investors and hedge funds own 24.55% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on MLP. Wall Street Zen cut Maui Land & Pineapple from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Maui Land & Pineapple in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Maui Land & Pineapple has an average rating of “Sell”.

Maui Land & Pineapple Company Profile

Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.