Categories: Insider Trading News

J.B. Hunt director James Okay. Thompson sells $771,626 in inventory


LOWELL, Ark.—James Okay. Thompson, honorary founding director at J.B. Hunt Transport Companies Inc. (NASDAQ:JBHT), a $17.6 billion transportation firm that has maintained dividend funds for 21 consecutive years, not too long ago executed a sale of 4,400 shares of widespread inventory. The transaction, which passed off on January 21, 2025, was performed at a weighted common value of $175.37 per share, leading to a complete sale worth of roughly $771,626. Following this transaction, Thompson retains possession of 23,559.45 shares immediately.

The sale was executed in a number of trades with costs starting from $174.81 to $175.75, as famous within the submitting.

In different current information, J.B. Hunt Transport Companies has been the topic of quite a few analyst changes following its newest earnings report. The corporate reported fourth-quarter earnings per share (EPS) of $1.53, falling in need of each Benchmark’s and consensus estimates. Nonetheless, the adjusted EPS, excluding an impairment cost from the BNSF acquisition, was $1.66, surpassing expectations. Regardless of a 4.5% improve in intermodal quantity within the fourth quarter, J.B. Hunt anticipates a 20%-25% sequential decline in first-quarter working earnings, prompting Benchmark to decrease their EPS estimates for 2025 and 2026.

TD Cowen maintained a Maintain score on J.B. Hunt however lowered the value goal from $180.00 to $171.00, citing a extra cautious outlook for progress in 2025. Stifel analysts elevated the inventory’s value goal to $174 and maintained a Maintain score, noting that income was in keeping with expectations regardless of an earnings miss. BMO Capital Markets lowered its value goal from $205.00 to $200.00 however sustained an Outperform score, anticipating a constructive flip within the freight cycle.

Bernstein SocGen analysts lowered their value goal from $190.00 to $180.00, expressing concern over the primary quarter EBIT steerage. Regardless of these changes, analysts from Goldman Sachs maintained their Purchase score and $188 value goal, expressing optimism for the latter half of the 12 months. These are current developments, and buyers are suggested to watch the state of affairs carefully.

This text was generated with the help of AI and reviewed by an editor. For extra info see our T&C.

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