Insider Selling at JB Hunt (JBHT) Continues with Significant Sale

Wednesday, August 30, 2017 10:15 PM ET

Insider Selling at JB Hunt (JBHT) Continues with Significant Sale

There was a substantial sale of shares of JB Hunt by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Earl Wayne Garrison, Director — disposed of 36,030 shares in the company having a market value of approximately $3,611,146. There have been 9 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the acquisition of 51 company shares and the sale of 38,148 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 74,127 shares and have averaged 7,423 shares per transaction over this time period.

The level of buy/sell trading at JB Hunt is is above the 15 peer company average over the last 90-day period. However, the number of shares per average transaction for JB Hunt insider buy-sell trading is very close to the average of the Freight Trucking peer group of companies. This peer group saw 17,101 shares purchased and 142,763 shares sold resulting in an average of 6,661 shares traded and netting out with company insiders having sold 5,236 shares on average.

For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to compose and write this story.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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