Jabil Inc’s recent filing unveils that its Director HOLLAND CHRISTOPHER S unloaded Company’s shares for reported $0.55 million on Jan 31 ’25. In the deal valued at $162.27 per share,3,400 shares were sold. As a result of this transaction, HOLLAND CHRISTOPHER S now holds 12,900 shares worth roughly $2.15 million.
Then, CHRISTOPHER HOLLAND bought 3,400 shares, generating $551,728 in total proceeds.
Before that, PLANT JOHN C sold 50,000 shares. Jabil Inc shares valued at $8,627,280 were divested by the Director at a price of $172.55 per share. As a result of the transaction, PLANT JOHN C now holds 5,900 shares, worth roughly $0.98 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 Monday, Jabil Inc [NYSE:JBL] saw its stock jump 0.67% to $166.52. Over the last five days, the stock has gained 4.41%. Jabil Inc shares have risen nearly 15.72% since the year began. Nevertheless, the stocks have risen 26.58% 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 $149.82, while 200 days put it at $124.50.
Levels Of Support And Resistance For JBL Stock
The 24-hour chart illustrates a support level at 165.65, which if violated will result in even more drops to 164.78. On the upside, there is a resistance level at 167.58. A further resistance level may holdings at 168.64. The Relative Strength Index (RSI) on the 14-day chart is 63.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 42.92%. Stochastics %K at 53.83% 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.
