Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. J.B. Hunt Transport Services, Inc shares valued at $9,999,474 were purchased by ROBO JAMES L on Feb 14 ’25. At $168.21 per share, ROBO JAMES L acquired 59,447 shares. The insider’s holdings grew to 88,763 shares worth approximately $14.96 million following the completion of this transaction.
Also, McGee Eric purchased 3,300 shares, netting a total of over 557,700 in proceeds.
Before that, McGee Eric had sold 3,300 shares from its account. In a trade valued at $557,700, the EVP of ICS traded J.B. Hunt Transport Services, Inc shares for $169.00 each. Upon closing the transaction, the insider’s holdings decreased to 3,300 shares, worth approximately $0.14 million.
As published in a research note from TD Cowen on January 17, 2025, J.B. Hunt Transport Services, Inc [JBHT] has been retained to a Hold and the price target has been revised to $171. Analysts at Susquehanna upgraded the stock from ‘”a Neutral”‘ to ‘”a Positive”‘ outlook in a report released in early January. As of October 16, 2024, TD Cowen has reiterated its “Hold” rating for JBHT. Earlier on October 09, 2024, Citigroup initiated its rating. Their recommendation was “a Buy” for JBHT stock.
Analyzing JBHT Stock Performance
During the last five days, there has been a surge of approximately 2.38%. Over the course of the year, J.B. Hunt Transport Services, Inc shares have dropped approximately -1.24%. Shares of the company reached a 52-week high of $187.51 on 01/16/25 and a 52-week low of $163.45 on 02/13/25. A 50-day SMA is recorded $173.59, while a 200-day SMA reached $170.89. Nevertheless, trading volume fell to 0.71 million shares from 1.13 million shares the previous day.
Support And Resistance Levels for J.B. Hunt Transport Services, Inc (JBHT)
According to the 24-hour chart, there is a support level at 166.85, which, if violated, would cause prices to drop to 165.15. In the upper region, resistance lies at 170.35. The next price resistance is at 172.15. RSI (Relative Strength Index) is 46.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.12, which suggests the price will increase in the coming days. Percent R is at 56.16%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
