Jabil Inc’s filing revealed that its Chief Executive Officer Wilson Kenneth S unloaded Company’s shares for reported $2.01 million on Apr 15 ’24. In the deal valued at $134.20 per share,15,000 shares were sold. As a result of this transaction, Wilson Kenneth S now holds 339,725 shares worth roughly $36.87 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Schick Gary K. sold 798 shares, generating $108,967 in total proceeds. Upon selling the shares at $136.55, the SVP, CHRO now owns 20,630 shares.
Before that, Yap May Yee sold 7,877 shares. Jabil Inc shares valued at $1,100,023 were divested by the SVP, Chief Information Officer at a price of $139.65 per share. As a result of the transaction, Yap May Yee now holds 29,006 shares, worth roughly $3.15 million.
Argus downgraded its Jabil Inc [JBL] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who remained covering the stock and in mid January has reiterated a ‘”an Overweight”‘ rating for it. Barclays began covering JBL with “an Overweight” recommendation on September 07, 2023.
Price Performance Review of JBL
On Monday, Jabil Inc [NYSE:JBL] saw its stock fall -0.25% to $108.52. Over the last five days, the stock has lost -3.95%. Jabil Inc shares have fallen nearly -14.82% since the year began. Nevertheless, the stocks have risen 1.05% over the past one year. While a 52-week high of $156.94 was reached on 03/08/24, a 52-week low of $100.18 was recorded on 07/01/24. SMA at 50 days reached $117.06, while 200 days put it at $126.38. A total of 1.74 million shares were traded, compared to the trading of 5.68 million shares in the previous session.
Levels Of Support And Resistance For JBL Stock
The 24-hour chart illustrates a support level at 107.53, which if violated will result in even more drops to 106.54. On the upside, there is a resistance level at 109.53. A further resistance level may holdings at 110.54. The Relative Strength Index (RSI) on the 14-day chart is 37.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.52%. Stochastics%K at 3.30% indicates the stock is a buying.
The most recent change occurred on December 13, 2022 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $76 price target.
