Jabil Inc’s recently made public that its Director Christopher Holland acquired Company’s shares for reported $0.45 million on Oct 25 ’24. In the deal valued at $125.23 per share,3,600 shares were bought.
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Then, Steven Raymund bought 20,000 shares, generating $2,493,922 in total proceeds.
Before that, Crowley Matthew sold 2,271 shares. Jabil Inc shares valued at $280,551 were divested by the EVP, Global Business Units at a price of $123.54 per share. As a result of the transaction, Crowley Matthew now holds 15,564 shares, worth roughly $1.94 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 Friday, Jabil Inc [NYSE:JBL] saw its stock fall -0.25% to $124.72. Over the last five days, the stock has lost -1.25%. Jabil Inc shares have fallen nearly -2.10% since the year began. Nevertheless, the stocks have risen 2.41% over the past one year. While a 52-week high of $156.94 was reached on 03/08/24, a 52-week low of $95.85 was recorded on 08/05/24. SMA at 50 days reached $114.21, while 200 days put it at $121.14.
Levels Of Support And Resistance For JBL Stock
The 24-hour chart illustrates a support level at 123.86, which if violated will result in even more drops to 123.01. On the upside, there is a resistance level at 126.09. A further resistance level may holdings at 127.47. The Relative Strength Index (RSI) on the 14-day chart is 60.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.21%. Stochastics %K at 50.35% indicates the stock is a holding.
How much short interest is there in Jabil Inc?
A steep rise in short interest was recorded in Jabil Inc stocks on 2024-10-15, growing by 41679.0 shares to a total of 3.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.76 million shares. There was a rise of 1.1%, which implies that there is a positive sentiment for the stock.
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.
