Thursday, August 31, 2017 10:15 PM ET
JB Hunt (JBHT) Insiders Make Significant Share Sales Extending the Trend of Last Quarter
JB Hunt, today, saw two insiders — Johnelle D Hunt, 10% Owner, and J B HUNT LLC, 10% Owner — dispose 1,950,000 shares having a market value of approximately $191,100,000, as disclosed in form 4 documents filed with the SEC. There have been 10 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 51 company shares and the sale of 74,178 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 2,024,127 shares and have averaged 168,686 shares per transaction over this time period.
The number of insider buy/sell trades at JB Hunt is greater than the 15 peer company average over the last 90-day period. The Freight Trucking peer group saw 25 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for JB Hunt insiders was also higher. Within the peer group there were 17,101 shares purchased and 178,793 shares sold with company insiders disposing of 6,468 shares on average.
Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data used in composing and writing this story.
Today’s Insider Activity
* Johnelle D Hunt, 10% Owner, sold 975,000 shares
* J B HUNT LLC, 10% Owner, sold 975,000 shares
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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