Fairholme Funds and Berkowitz Reduce St. Joe Co Holdings in $9.2M Sale
Fairholme Funds Inc. and its controlling principal Bruce R. Berkowitz executed a coordinated sale of St. Joe Co (NASDAQ:JOE) equity, offloading approximately $9.23 million in common stock. The transaction, which reduced their collective ownership stakes, follows a period of significant price appreciation for the real estate developer. While the fir…