Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. J.B. Hunt Transport Services, Inc. shares valued at $525,090 were sold by Field Darren P. on Aug 23 ’24. At $175.03 per share, Field Darren P. sold 3,000 shares. The insider’s holdings dropped to 14,150 shares worth approximately $2.4 million following the completion of this transaction.
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
Also, Field Darren P. purchased 3,000 shares, netting a total of over 525,090 in proceeds.
Before that, Lisboa Persio V had added 600 shares to its account. In a trade valued at $98,082, the Director bought J.B. Hunt Transport Services, Inc. shares for $163.47 each. Upon closing the transaction, the insider’s holdings increased to 600 shares, worth approximately $0.61 million.
As published in a research note from TD Cowen on July 17, 2024, J.B. Hunt Transport Services, Inc. [JBHT] has been retained to a Hold and the price target has been revised to $161. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in early June. As of April 17, 2024, TD Cowen has reiterated its “Hold” rating for JBHT. Earlier on April 01, 2024, Barclays downgraded its rating. Their new recommendation was “an Equal weight” for JBHT stock which previously was a “an Overweight”.
Analyzing JBHT Stock Performance
During the last five days, there has been a surge of approximately 0.05%. Over the course of the year, J.B. Hunt Transport Services, Inc. shares have dropped approximately -15.21%. Shares of the company reached a 52-week high of $219.51 on 02/15/24 and a 52-week low of $153.12 on 06/14/24. A 50-day SMA is recorded $168.57, while a 200-day SMA reached $180.84. Nevertheless, trading volume fell to 1.0 million shares from 1.31 million shares the previous day.
Support And Resistance Levels for J.B. Hunt Transport Services, Inc. (JBHT)
According to the 24-hour chart, there is a support level at 167.20, which, if violated, would cause prices to drop to 165.06. In the upper region, resistance lies at 171.78. The next price resistance is at 174.22. RSI (Relative Strength Index) is 49.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.91, which suggests the price will decrease in the coming days. Percent R is at 65.80%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
