Jabil Inc’s filing revealed that its Director PLANT JOHN C unloaded Company’s shares for reported $8.63 million on Jan 24 ’25. In the deal valued at $172.55 per share,50,000 shares were sold. As a result of this transaction, PLANT JOHN C now holds 5,900 shares worth roughly $0.95 million.
Then, John Plant bought 50,000 shares, generating $8,627,432 in total proceeds.
Before that, DAVID STOUT bought 27,650 shares. Jabil Inc shares valued at $4,705,967 were divested by the Director at a price of $170.20 per share.
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 Tuesday, Jabil Inc [NYSE:JBL] saw its stock jump 1.37% to $161.72. Over the last five days, the stock has lost -3.50%. Jabil Inc shares have risen nearly 12.38% since the year began. Nevertheless, the stocks have risen 30.23% over the past one year. While a 52-week high of $174.80 was reached on 01/24/25, a 52-week low of $95.85 was recorded on 01/02/25. SMA at 50 days reached $143.82, while 200 days put it at $122.93.
Levels Of Support And Resistance For JBL Stock
The 24-hour chart illustrates a support level at 159.15, which if violated will result in even more drops to 156.58. On the upside, there is a resistance level at 163.72. A further resistance level may holdings at 165.73. The Relative Strength Index (RSI) on the 14-day chart is 59.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 53.78%. Stochastics %K at 59.55% 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 2024-11-29, dropping by -0.33 million shares to a total of 2.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.09 million shares. There was a decline of -11.91%, which implies that there is a negative 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.
