Stock Analysis

Have Insiders Sold Jabil Shares Recently?

NYSE:JBL
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Some Jabil Inc. (NYSE:JBL) shareholders may be a little concerned to see that the CEO & Director, Kenneth Wilson, recently sold a substantial US$1.3m worth of stock at a price of US$128 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 2.7%.

View our latest analysis for Jabil

The Last 12 Months Of Insider Transactions At Jabil

Over the last year, we can see that the biggest insider sale was by the Executive Chairman, Mark Mondello, for US$8.1m worth of shares, at about US$136 per share. So what is clear is that an insider saw fit to sell at around the current price of US$125. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Insiders in Jabil didn't buy any shares in the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
NYSE:JBL Insider Trading Volume January 5th 2024

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Jabil Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Jabil insiders own 2.6% of the company, worth about US$427m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Jabil Tell Us?

Insiders haven't bought Jabil stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. It is good to see high insider ownership, but the insider selling leaves us cautious. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 2 warning signs with Jabil and understanding them should be part of your investment process.

But note: Jabil may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.