In a filing, Jacobs Solutions Inc revealed its Officer Dana Demetriou acquired Company’s shares for reported $1.66 million on Nov 27 ’24. In the deal valued at $140.69 per share,11,775 shares were bought.
Then, DEMETRIOU STEVEN J. bought 46,433 shares, generating $6,501,431 in total proceeds.
Before that, Dana Demetriou bought 11,775 shares. Jacobs Solutions Inc shares valued at $1,617,414 were divested by the Officer at a price of $137.36 per share.
A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. Raymond James also remained covering J and has increased its forecast on October 04, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating. William Blair revised its rating on May 08, 2024. It rated J as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of J
On Tuesday, Jacobs Solutions Inc [NYSE:J] saw its stock jump 1.20% to $130.43. Over the last five days, the stock has lost -2.95%. Jacobs Solutions Inc shares have fallen nearly -2.39% since the year began. Nevertheless, the stocks have risen 8.26% over the past one year. While a 52-week high of $150.54 was reached on 02/04/25, a 52-week low of $111.17 was recorded on 02/14/25. SMA at 50 days reached $135.52, while 200 days put it at $128.18.
Levels Of Support And Resistance For J Stock
The 24-hour chart illustrates a support level at 129.10, which if violated will result in even more drops to 127.78. On the upside, there is a resistance level at 131.76. A further resistance level may holdings at 133.10. The Relative Strength Index (RSI) on the 14-day chart is 37.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.64%. Stochastics %K at 6.13% indicates the stock is a buying.
The most recent change occurred on March 14, 2024 when Truist began covering the stock and recommended ‘”a Hold”‘ rating along with a $154 price target.
