JB Hunt (JBHT) sees Significant Insider Selling Continuing

Monday, October 30, 2017 10:15 PM ET

JB Hunt (JBHT) sees Significant Insider Selling Continuing

There was a significant sale of shares of JB Hunt by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Earl Wayne Garrison, Director — disposed of 100,000 shares in the company having a market value of approximately $10,929,440. There have been 9 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 2,013,191 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 2,113,191 shares and have averaged 211,319 shares per transaction over this time period.

Insiders at JB Hunt have a higher number of buy/sell transactions than the 15-peer company average over the last 90-day period. The Freight Trucking peer group saw 23 buy/sell trades during this period for an average of 1.5 transactions per company. The number of shares per buy/sell trade for JB Hunt insiders was also higher. Within the peer group there were 17,050 shares purchased and 2,092,063 shares sold with company insiders selling 90,218 shares on average.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data used to evaluate and write this story.

Using proprietary Natural Language Generation (NLG) technology, 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.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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