Jabil Independent Director John Plant Sells 92% Of Holding

We wouldn't blame Jabil Inc. (NYSE:JBL) shareholders if they were a little worried about the fact that John Plant, the Independent Director recently netted about US$8.6m selling shares at an average price of US$173. Probably the most concerning element of the whole transaction is that the disposal amounted to 92% of their entire holding.

Check out our latest analysis for Jabil

Jabil Insider Transactions Over The Last Year

Notably, that recent sale by John Plant is the biggest insider sale of Jabil shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$160. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

In the last year Jabil insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership Of Jabil

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. Jabil insiders own about US$628m worth of shares (which is 3.3% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Jabil Insiders?

Insiders sold Jabil shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. On the plus side, Jabil makes money, and is growing profits. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 4 warning signs for Jabil (1 doesn't sit too well with us!) and we strongly recommend you look at them before investing.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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.