J.B. Hunt Transport Services, Inc.’s recent filing unveils that its EVP and President Intermodal Field Darren P. unloaded Company’s shares for reported $0.53 million on Aug 23 ’24. In the deal valued at $175.03 per share,3,000 shares were sold. As a result of this transaction, Field Darren P. now holds 14,150 shares worth roughly $2.42 million.
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Then, Field Darren P. bought 3,000 shares, generating $525,090 in total proceeds.
Before that, Lisboa Persio V bought 600 shares. J.B. Hunt Transport Services, Inc. shares valued at $98,082 were divested by the Director at a price of $163.47 per share. As a result of the transaction, Lisboa Persio V now holds 3,594 shares, worth roughly $0.61 million.
Citigroup initiated its J.B. Hunt Transport Services, Inc. [JBHT] rating to a Buy in a research note published on October 09, 2024; the price target was $201. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid July has reiterated a ‘”a Hold”‘ rating for it. Wells Fargo began covering JBHT with “an Overweight” recommendation on June 07, 2024. TD Cowen maintained its rating on April 17, 2024. It rated JBHT as “a Hold”.
Price Performance Review of JBHT
On Friday, J.B. Hunt Transport Services, Inc. [NASDAQ:JBHT] saw its stock jump 2.89% to $170.72. Over the last five days, the stock has gained 3.77%. J.B. Hunt Transport Services, Inc. shares have fallen nearly -14.53% since the year began. Nevertheless, the stocks have fallen -11.89% over the past one year. While a 52-week high of $219.51 was reached on 02/15/24, a 52-week low of $153.12 was recorded on 06/14/24. SMA at 50 days reached $169.24, while 200 days put it at $178.64.
Levels Of Support And Resistance For JBHT Stock
The 24-hour chart illustrates a support level at 168.10, which if violated will result in even more drops to 165.47. On the upside, there is a resistance level at 172.25. A further resistance level may holdings at 173.77. The Relative Strength Index (RSI) on the 14-day chart is 54.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.68%. Stochastics %K at 41.77% indicates the stock is a holding.
How much short interest is there in J.B. Hunt Transport Services, Inc.?
A steep rise in short interest was recorded in J.B. Hunt Transport Services, Inc. stocks on 2024-09-30, dropping by -0.11 million shares to a total of 1.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 1.43 million shares. There was a decline of -8.69%, which implies that there is a negative sentiment for the stock.
