Jabil, Inc. (NYSE:JBL – Get Free Report) Director Anousheh Ansari sold 500 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $240.00, for a total value of $120,000.00. Following the completion of the sale, the director directly owned 34,400 shares in the company, valued at approximately $8,256,000. The trade was a 1.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Anousheh Ansari also recently made the following trade(s):
- On Thursday, January 15th, Anousheh Ansari sold 500 shares of Jabil stock. The stock was sold at an average price of $252.00, for a total transaction of $126,000.00.
- On Friday, December 19th, Anousheh Ansari sold 1,500 shares of Jabil stock. The stock was sold at an average price of $225.00, for a total transaction of $337,500.00.
Jabil Price Performance
NYSE:JBL traded up $11.86 during midday trading on Thursday, hitting $253.20. The company had a trading volume of 1,577,517 shares, compared to its average volume of 1,257,880. The stock’s fifty day moving average price is $219.26 and its 200-day moving average price is $216.61. Jabil, Inc. has a 52-week low of $108.66 and a 52-week high of $256.17. The company has a quick ratio of 0.67, a current ratio of 0.99 and a debt-to-equity ratio of 1.77. The company has a market capitalization of $26.74 billion, a PE ratio of 39.38, a P/E/G ratio of 1.53 and a beta of 1.25.
Jabil Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. Jabil’s dividend payout ratio (DPR) is 4.98%.
Analysts Set New Price Targets
JBL has been the topic of several recent research reports. UBS Group raised their price target on Jabil from $239.00 to $244.00 and gave the stock a “neutral” rating in a research report on Thursday, December 18th. Barclays increased their price objective on Jabil from $267.00 to $283.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Zacks Research raised shares of Jabil from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 2nd. The Goldman Sachs Group reissued a “buy” rating and issued a $282.00 price target on shares of Jabil in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Jabil from $260.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $263.71.
Check Out Our Latest Stock Report on Jabil
Institutional Trading of Jabil
Several institutional investors and hedge funds have recently bought and sold shares of JBL. GFG Capital LLC purchased a new position in shares of Jabil during the 2nd quarter worth approximately $26,000. True Wealth Design LLC boosted its position in shares of Jabil by 250.0% during the third quarter. True Wealth Design LLC now owns 140 shares of the technology company’s stock valued at $30,000 after purchasing an additional 100 shares in the last quarter. First Horizon Corp purchased a new stake in Jabil in the third quarter worth $30,000. Traub Capital Management LLC bought a new position in Jabil in the second quarter worth $33,000. Finally, Assetmark Inc. lifted its position in Jabil by 45.8% during the second quarter. Assetmark Inc. now owns 156 shares of the technology company’s stock valued at $34,000 after buying an additional 49 shares during the period. 93.39% of the stock is currently owned by hedge funds and other institutional investors.
Jabil Company Profile
Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.
Founded in 1966 by William E.
Further Reading
- Five stocks we like better than Jabil
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Jabil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jabil and related companies with MarketBeat.com's FREE daily email newsletter.
