On November 7, 2024, Brian Webb, Executive Vice President - Final Mile Services at JB Hunt Transport Services Inc (JBHT, Financial), sold 530 shares of the company. The transaction was executed at a price of $192.83 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 2,461.25 shares of JB Hunt Transport Services Inc.
JB Hunt Transport Services Inc, a major player in the transportation and logistics industry, provides a wide range of services including intermodal transport, dedicated freight, and final mile delivery. The company's operations primarily focus on the North American market, offering comprehensive logistics solutions to enhance supply chain efficiency for its clients.
Over the past year, Brian Webb has sold a total of 1,430 shares and has not purchased any shares of the company. This recent sale is part of a broader trend within JB Hunt Transport Services Inc, where insider transactions have predominantly been sales. In the past year, there have been 21 insider sales and only 3 insider buys.
Shares of JB Hunt Transport Services Inc were trading at $192.83 on the day of the sale, giving the company a market cap of approximately $19.37 billion. The price-earnings ratio of the company stands at 34.93, which is significantly higher than the industry median of 14.33 and also above the company's historical median.
The stock's valuation, according to the GF Value, is set at $167.42, indicating that at a price of $192.83, JB Hunt Transport Services Inc is modestly overvalued with a price-to-GF-Value ratio of 1.15.
The GF Value is calculated considering historical trading multiples like 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 Morningstar analysts.
This insider sale might be of interest to current and potential investors, as it provides insight into the actions of key executives within JB Hunt Transport Services Inc, particularly in the context of the company's current stock valuation and market performance.
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.
