Frederic Mccoy, the Executive Vice President of Operations at Jabil Inc (JBL, Financial), sold 4,283 shares of the company on October 31, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 142,472 shares of Jabil Inc.
Jabil Inc, a leading provider in manufacturing services, offers comprehensive electronics design, production, and product management services to global electronics and technology companies. Operating in a complex and competitive market, Jabil Inc helps customers bring their products to the market faster and more cost-effectively.
Over the past year, Frederic Mccoy has sold a total of 9,533 shares of Jabil Inc and has not purchased any shares. This recent sale is part of a broader trend seen within the company, where there have been 22 insider sells and no insider buys over the past year.
On the date of the sale, shares of Jabil Inc were trading at $122.28, giving the company a market cap of approximately $14.41 billion. The price-earnings ratio of the stock stands at 11.59, which is lower than the industry median of 22.98 and also below the company’s historical median.
According to the GF Value, the intrinsic value of Jabil Inc is estimated at $81.73 per share, which suggests that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.5.
This valuation assessment is based on historical trading multiples, an adjustment factor from GuruFocus based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
The insider's recent transaction could be of interest to current and potential investors, providing insights into insider confidence and valuation perspectives at Jabil Inc.
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.
