Jabil Inc. (NYSE:JBL) CEO Kenneth S. Wilson Sells 15,000 Shares

Jabil Inc. (NYSE:JBL - Get Free Report) CEO Kenneth S. Wilson sold 15,000 shares of Jabil stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $134.20, for a total value of $2,013,000.00. Following the transaction, the chief executive officer now owns 339,725 shares of the company's stock, valued at approximately $45,591,095. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Jabil Price Performance

NYSE:JBL opened at $129.70 on Thursday. Jabil Inc. has a 12 month low of $75.48 and a 12 month high of $156.94. The stock has a 50 day moving average of $138.57 and a two-hundred day moving average of $131.21. The company has a current ratio of 1.17, a quick ratio of 0.72 and a debt-to-equity ratio of 1.08. The firm has a market cap of $15.64 billion, a P/E ratio of 11.13, a price-to-earnings-growth ratio of 1.40 and a beta of 1.40.

Jabil (NYSE:JBL - Get Free Report) last posted its quarterly earnings data on Friday, March 15th. The technology company reported $1.54 EPS for the quarter, missing the consensus estimate of $1.55 by ($0.01). Jabil had a return on equity of 39.47% and a net margin of 4.70%. The firm had revenue of $6.77 billion for the quarter, compared to analysts' expectations of $6.91 billion. On average, analysts expect that Jabil Inc. will post 7.83 earnings per share for the current fiscal year.

Jabil Dividend Announcement


Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
>>Click here to find out what it is.


The company also recently disclosed a quarterly dividend, which was paid on Monday, March 4th. Shareholders of record on Thursday, February 15th were paid a dividend of $0.08 per share. The ex-dividend date was Wednesday, February 14th. This represents a $0.32 annualized dividend and a yield of 0.25%. Jabil's dividend payout ratio (DPR) is currently 2.75%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. StockNews.com lowered Jabil from a "buy" rating to a "hold" rating in a research note on Tuesday, March 26th. Barclays reduced their price objective on Jabil from $151.00 to $149.00 and set an "overweight" rating for the company in a research note on Monday, March 18th. Argus lowered Jabil from a "buy" rating to a "hold" rating in a research note on Tuesday, March 19th. Finally, The Goldman Sachs Group lifted their price target on Jabil from $141.00 to $161.00 and gave the company a "buy" rating in a research note on Monday, March 4th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Jabil presently has a consensus rating of "Moderate Buy" and a consensus price target of $144.50.

View Our Latest Analysis on Jabil

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Czech National Bank boosted its holdings in shares of Jabil by 0.3% during the 1st quarter. Czech National Bank now owns 22,439 shares of the technology company's stock worth $3,006,000 after purchasing an additional 73 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of Jabil by 3.9% during the 4th quarter. HB Wealth Management LLC now owns 2,183 shares of the technology company's stock worth $278,000 after purchasing an additional 82 shares during the last quarter. Beacon Pointe Advisors LLC boosted its holdings in shares of Jabil by 2.5% during the 4th quarter. Beacon Pointe Advisors LLC now owns 3,377 shares of the technology company's stock worth $430,000 after purchasing an additional 83 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Jabil by 1.3% during the 3rd quarter. Signaturefd LLC now owns 6,761 shares of the technology company's stock worth $858,000 after purchasing an additional 86 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in shares of Jabil by 0.9% during the 4th quarter. Mackenzie Financial Corp now owns 10,258 shares of the technology company's stock worth $1,307,000 after purchasing an additional 90 shares during the last quarter. 93.39% of the stock is currently owned by institutional investors and hedge funds.

About Jabil

(Get Free Report)

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

Featured Articles

Insider Buying and Selling by Quarter for Jabil (NYSE:JBL)

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Jabil?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Jabil and related companies.
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.

Most Read This Month

Recent Articles