Insider Sale at JB Hunt Transport Services Inc (JBHT): EVP and President Intermodal Darren Field Sells 1,500 Shares

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Oct 30, 2024
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On October 30, 2024, Darren Field, EVP and President Intermodal of JB Hunt Transport Services Inc (JBHT, Financial), executed a sale of 1,500 shares of the company. According to the SEC Filing, the transaction occurred at a stock price of $183.5 per share. Following this transaction, the insider now owns 6,606.45 shares of JB Hunt Transport Services Inc.

JB Hunt Transport Services Inc, a major player in the transportation and logistics industry, specializes in freight shipping and handling. The company provides a wide range of services including intermodal transport, dedicated freight, and integrated capacity solutions among others.

Over the past year, the insider has sold a total of 10,500 shares and has not made any purchases. This recent transaction is part of a broader trend observed within the company, where there have been 14 insider sells and only 3 insider buys over the past year.

The shares of JB Hunt Transport Services Inc were trading at $183.5 on the day of the transaction, giving the company a market cap of approximately $18.34 billion. The price-earnings ratio of the company stands at 33.07, which is significantly higher than the industry median of 14.085.

According to the GF Value, the intrinsic value of JB Hunt Transport Services Inc is estimated at $167.43 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.1.

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The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.

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This sale by the insider at JB Hunt Transport Services Inc provides an interesting data point for investors tracking insider behaviors and company valuation metrics.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.