In a filing, J.B. Hunt Transport Services, Inc revealed its Officer McGee Eric acquired Company’s shares for reported $0.56 million on Feb 04 ’25. In the deal valued at $169.00 per share,3,300 shares were bought.
Then, McGee Eric sold 3,300 shares, generating $557,700 in total proceeds. Upon selling the shares at $169.00, the EVP of ICS now owns 825 shares.
Before that, THOMPSON JAMES K sold 4,400 shares. J.B. Hunt Transport Services, Inc shares valued at $771,627 were divested by the Honorary Founding Director at a price of $175.37 per share. As a result of the transaction, THOMPSON JAMES K now holds 23,559 shares, worth roughly $3.98 million.
TD Cowen reiterated its J.B. Hunt Transport Services, Inc [JBHT] rating to a Hold in a research note published on January 17, 2025; the price target was $171. A number of analysts have revised their coverage, including Susquehanna’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Positive”. TD Cowen also remained covering JBHT and reiterated its “Hold” recommendation on October 16, 2024. Citigroup started covering the stock on October 09, 2024. It rated JBHT as “a Buy”.
Price Performance Review of JBHT
On Tuesday, J.B. Hunt Transport Services, Inc [NASDAQ:JBHT] saw its stock jump 1.00% to $168.97. Over the last five days, the stock has lost -2.14%. J.B. Hunt Transport Services, Inc shares have fallen nearly -0.99% since the year began. Nevertheless, the stocks have fallen -16.26% over the past one year. While a 52-week high of $219.51 was reached on 01/16/25, a 52-week low of $153.12 was recorded on 02/03/25. SMA at 50 days reached $177.45, while 200 days put it at $170.68.
Levels Of Support And Resistance For JBHT Stock
The 24-hour chart illustrates a support level at 167.21, which if violated will result in even more drops to 165.46. On the upside, there is a resistance level at 170.54. A further resistance level may holdings at 172.12. The Relative Strength Index (RSI) on the 14-day chart is 41.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.39%. Stochastics %K at 10.41% indicates the stock is a buying.
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 2024-12-31, growing by 0.16 million shares to a total of 2.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.43 million shares. There was a rise of 6.23%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 17, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $161.
