Jacobs Solutions Inc’s filing revealed that its SENIOR VICE PRESIDENT ALLEN WILLIAM B JR unloaded Company’s shares for reported $0.21 million on Aug 16 ’24. In the deal valued at $146.51 per share,1,451 shares were sold. As a result of this transaction, ALLEN WILLIAM B JR now holds 26,699 shares worth roughly $3.98 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, ALLEN WILLIAM B JR bought 1,451 shares, generating $212,586 in total proceeds.
Before that, DEMETRIOU STEVEN J. sold 7,000 shares. Jacobs Solutions Inc shares valued at $1,028,160 were divested by the EXECUTIVE CHAIR at a price of $146.88 per share. As a result of the transaction, DEMETRIOU STEVEN J. now holds 527,138 shares, worth roughly $78.54 million.
William Blair downgraded its Jacobs Solutions Inc [J] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid March with a ‘”a Hold”‘ rating. Raymond James revised its rating on November 22, 2023. It rated J as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of J
On Friday, Jacobs Solutions Inc [NYSE:J] saw its stock jump 0.26% to $149.00. Over the last five days, the stock has gained 1.42%. Jacobs Solutions Inc shares have risen nearly 14.79% since the year began. Nevertheless, the stocks have risen 9.45% over the past one year. While a 52-week high of $154.50 was reached on 03/28/24, a 52-week low of $120.71 was recorded on 01/08/24. SMA at 50 days reached $143.33, while 200 days put it at $139.95.
Levels Of Support And Resistance For J Stock
The 24-hour chart illustrates a support level at 148.16, which if violated will result in even more drops to 147.31. On the upside, there is a resistance level at 149.90. A further resistance level may holdings at 150.79. The Relative Strength Index (RSI) on the 14-day chart is 62.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.44, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.67%. Stochastics%K at 95.12% indicates the stock is a selling.
How much short interest is there in Jacobs Solutions Inc?
A steep rise in short interest was recorded in Jacobs Solutions Inc stocks on 2024-07-31, growing by 0.18 million shares to a total of 1.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 1.43 million shares. There was a rise of 10.91%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 15, 2023 when HSBC Securities began covering the stock and recommended ‘”a Hold”‘ rating along with a $149 price target.
