Jacobs Solutions Inc’s recent filing unveils that its EXECUTIVE CHAIR DEMETRIOU STEVEN J. unloaded Company’s shares for reported $1.07 million on Apr 01 ’24. In the deal valued at $153.20 per share,7,000 shares were sold. As a result of this transaction, DEMETRIOU STEVEN J. now holds 555,138 shares worth roughly $80.97 million.
Then, Berryman Kevin C sold 1,500 shares, generating $229,800 in total proceeds. Upon selling the shares at $153.20, the CHIEF FINANCIAL OFFICER now owns 233,104 shares.
Before that, Hill Patrick sold 5,486 shares. Jacobs Solutions Inc shares valued at $817,414 were divested by the EXECUTIVE VICE PRESIDENT at a price of $149.00 per share. As a result of the transaction, Hill Patrick now holds 57,233 shares, worth roughly $8.35 million.
Truist initiated its Jacobs Solutions Inc [J] rating to a Hold in a research note published on March 14, 2024; the price target was $154. Raymond James also remained covering J and has decreased its forecast on November 22, 2023 with a “Mkt perform” recommendation from previously “an Outperform” rating. HSBC Securities started covering the stock on September 15, 2023. It rated J as “a Hold”.
Price Performance Review of J
On Monday, Jacobs Solutions Inc [NYSE:J] saw its stock jump 0.65% to $145.85. Over the last five days, the stock has gained 1.21%. Jacobs Solutions Inc shares have risen nearly 12.37% since the year began. Nevertheless, the stocks have risen 26.27% over the past one year. While a 52-week high of $154.50 was reached on 03/28/24, a 52-week low of $109.00 was recorded on 01/08/24. SMA at 50 days reached $147.34, while 200 days put it at $136.14. A total of 0.52 million shares were traded, compared to the trading of 0.35 million shares in the previous session.
Levels Of Support And Resistance For J Stock
The 24-hour chart illustrates a support level at 145.18, which if violated will result in even more drops to 144.50. On the upside, there is a resistance level at 146.24. A further resistance level may holdings at 146.62. The Relative Strength Index (RSI) on the 14-day chart is 50.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.05%. Stochastics %K at 58.75% indicates the stock is a holding.
