On November 6, 2024, David Keefauver, Executive Vice President of DCS at JB Hunt Transport Services Inc (JBHT, Financial), executed a sale of 1,151 shares of the company. The transaction was filed on the same day with the SEC. Following this sale, the insider now owns 8,757.54 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, catering to a diverse clientele across North America.
Over the past year, David Keefauver has sold a total of 2,129 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where insider activity has predominantly leaned towards selling rather than buying. In the past year, there have been 16 insider sells and only 3 insider buys at JB Hunt Transport Services Inc.
On the day of the sale, shares of JB Hunt Transport Services Inc were priced at $195.03, positioning the company with a market cap of approximately $19.44 billion. This valuation reflects a price-earnings ratio of 35.06, which is significantly above both the industry median of 14.16 and the company's historical median.
The stock's current price also places it above the GuruFocus Value (GF Value) of $167.42, indicating a price-to-GF-Value ratio of 1.16. This suggests that JB Hunt Transport Services Inc is modestly overvalued at the moment.
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.
This insider sale could be of interest to current and potential investors, providing insight into executive sentiment and valuation perspectives at JB Hunt Transport Services 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.
