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Maui Land & Pineapple signs land sale with CEO

Story Highlights
  • Maui Land & Pineapple will sell 30 acres in Lahaina to its CEO for $1.2 million.
  • Deal includes value true-up, residency, and shared appreciation terms protecting company interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maui Land & Pineapple signs land sale with CEO

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Maui Land & Pineapple Company ( (MLP) ).

On January 28, 2026, Maui Land & Pineapple Company, Inc. entered into a purchase agreement to sell a 30-acre parcel of unimproved land in Lahaina, Hawaii, to its chief executive officer, Race A. Randle, for $1.2 million, with the buyer intending to develop the site as a farm and home. The board-approved, third-party appraisal confirmed the price exceeds current fair market value, and the deal includes a structured escrow with refundable deposits during a 90-day due diligence period, a five-year value true-up requiring additional payment if the land’s value rises, a long-term principal-residence occupancy requirement granting the company a repurchase option if breached, and a shared appreciation mechanism that entitles the company to a decreasing share of profits if the property is sold within ten years, collectively aiming to address related-party concerns and preserve upside for shareholders.

The most recent analyst rating on (MLP) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Maui Land & Pineapple Company stock, see the MLP Stock Forecast page.

Spark’s Take on MLP Stock

According to Spark, TipRanks’ AI Analyst, MLP is a Neutral.

The score is held back primarily by persistent losses and weakening cash flow despite improving revenue. Offsetting factors include a conservatively levered balance sheet and a supportive liquidity event via the expanded credit facility. Technicals are largely neutral, while valuation is pressured by negative earnings (negative P/E).

To see Spark’s full report on MLP stock, click here.

More about Maui Land & Pineapple Company

Maui Land & Pineapple Company, Inc. is a Hawaii-based landholding and real estate company that manages and monetizes large tracts of property on Maui, with a focus on development, agriculture-related uses, and land transactions in key areas such as Lahaina.

Average Trading Volume: 26,794

Technical Sentiment Signal: Buy

Current Market Cap: $338.2M

For a thorough assessment of MLP stock, go to TipRanks’ Stock Analysis page.

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