J.B. Hunt Transport Services, Inc’s recent filing unveils that its Director ROBO JAMES L acquired Company’s shares for reported $10.0 million on Feb 14 ’25. In the deal valued at $168.21 per share,59,447 shares were bought. As a result of this transaction, ROBO JAMES L now holds 88,763 shares worth roughly $ 15.47 million.
Then, McGee Eric bought 3,300 shares, generating $557,700 in total proceeds.
Before that, McGee Eric sold 3,300 shares. J.B. Hunt Transport Services, Inc shares valued at $557,700 were divested by the EVP of ICS at a price of $169.00 per share. As a result of the transaction, McGee Eric now holds 825 shares, worth roughly $0.14 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 2.52% to $174.26. Over the last five days, the stock has gained 4.28%. J.B. Hunt Transport Services, Inc shares have risen nearly 2.11% since the year began. Nevertheless, the stocks have fallen -19.90% 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 02/13/25. SMA at 50 days reached $174.17, while 200 days put it at $170.84.
Levels Of Support And Resistance For JBHT Stock
The 24-hour chart illustrates a support level at 170.75, which if violated will result in even more drops to 167.24. On the upside, there is a resistance level at 176.11. A further resistance level may holdings at 177.96. The Relative Strength Index (RSI) on the 14-day chart is 54.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.89%. Stochastics %K at 64.77% indicates the stock is a holding.
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.
