Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Jack Henry & Associates, Inc shares valued at $3,215,676 were sold by Foss David B on Nov 19 ’24. At $171.32 per share, Foss David B sold 18,770 shares. The insider’s holdings dropped to 138,665 shares worth approximately $23.85 million following the completion of this transaction.
Also, Foss David B purchased 18,770 shares, netting a total of over 3,215,763 in proceeds.
As published in their initiating research note from Wells Fargo on January 14, 2025, Jack Henry & Associates, Inc [JKHY] has been an Underweight and the price target has been revised to $155. As of September 04, 2024, Compass Point has initiated its “Neutral” rating for JKHY. Earlier on March 07, 2024, Wolfe Research initiated its rating. Their recommendation was “a Peer perform” for JKHY stock.
Analyzing JKHY Stock Performance
During the last five days, there has been a surge of approximately 0.37%. Over the course of the year, Jack Henry & Associates, Inc shares have dropped approximately -1.90%. Shares of the company reached a 52-week high of $176.78 on 01/02/25 and a 52-week low of $169.27 on 01/06/25. A 50-day SMA is recorded $175.55, while a 200-day SMA reached $171.39. Nevertheless, trading volume fell to 0.7 million shares from 0.8 million shares the previous day.
Support And Resistance Levels for Jack Henry & Associates, Inc (JKHY)
According to the 24-hour chart, there is a support level at 170.61, which, if violated, would cause prices to drop to 169.25. In the upper region, resistance lies at 173.98. The next price resistance is at 175.99. RSI (Relative Strength Index) is 42.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.22, which suggests the price will decrease in the coming days. Percent R is at 69.07%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.