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Jabil Inc [NYSE: JBL] Sees Decrease in Stock Value

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Jabil Inc shares valued at $551,728 were sold by HOLLAND CHRISTOPHER S on Jan 31 ’25. At $162.27 per share, HOLLAND CHRISTOPHER S sold 3,400 shares. The insider’s holdings dropped to 12,900 shares worth approximately $1.99 million following the completion of this transaction.

Also, CHRISTOPHER HOLLAND purchased 3,400 shares, netting a total of over 551,728 in proceeds.

Before that, PLANT JOHN C had sold 50,000 shares from its account. In a trade valued at $8,627,280, the Director traded Jabil Inc shares for $172.55 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $0.91 million.

As published in a research note from Argus on March 19, 2024, Jabil Inc [JBL] has been rated down from a Buy to a Hold. Analysts at Barclays resumed the stock at ‘”an Overweight”‘ outlook in a report released in mid January. As of September 07, 2023, Barclays has initiated its “an Overweight” rating for JBL.

Analyzing JBL Stock Performance

During the last five days, there has been a drop of approximately -7.22%. Over the course of the year, Jabil Inc shares have jumped approximately 7.10%. Shares of the company reached a 52-week high of $174.80 on 01/24/25 and a 52-week low of $142.47 on 01/02/25. A 50-day SMA is recorded $156.96, while a 200-day SMA reached $127.29. Nevertheless, trading volume fell to 0.95 million shares from 1.03 million shares the previous day.

Support And Resistance Levels for Jabil Inc (JBL)

According to the 24-hour chart, there is a support level at 152.00, which, if violated, would cause prices to drop to 149.87. In the upper region, resistance lies at 158.02. The next price resistance is at 161.91. RSI (Relative Strength Index) is 36.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.75, which suggests the price will decrease in the coming days. Percent R is at 98.02%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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