Potential JB Hunt Transport Services, Inc. (NASDAQ:JBHT) shareholders may want to note that independent director Sharilyn Gasaway recently purchased US$105,000 worth of stock, paying US$162 for each share. While a very decent buy in our eyes, it was proportionately a bit modest, increasing their stake by just 2.5%.
Check out our latest analysis for JB Hunt Transport Services
The last 12 months of insider trading at JB Hunt Transport Services
In the past year, we can see that the biggest insider sale was by Executive Vice President and Chief Information Officer Stuart Scott for $1.1 million worth of stock, at around $193 per share. While we generally don’t like to see insider selling, it’s more of a concern if the selling takes place at a lower price. The good news is that this major sell off took place well above the current price of US$164. It is therefore difficult to draw a solid conclusion.
In total, insiders sold more shares of JB Hunt Transport Services than they bought in the past year. The chart below shows insider trading (by companies and individuals) over the past year. If you click on the chart, you can see all individual trades including stock price, individual and date!
I would like JB Hunt Transport Services better if I see big insider buys. In the meantime, watch this free list of growing companies with significant and recent insider buying.
Many investors like to check how much a company is owned by insiders. High insider participation often makes company management more concerned with the interests of shareholders. It’s great to see that insiders at JB Hunt Transport Services own 21% of the company, worth approximately $3.6 billion. This type of significant insider ownership generally increases the chances that the company will be run in the best interests of all shareholders.
So what does this data suggest about JB Hunt Transport Services insiders?
Unfortunately, there have been more insider selling of JB Hunt Transport Services stock than buying in the past three months. And our longer-term analysis of insider trading didn’t provide confidence either. But it’s good to see that JB Hunt Transport Services is increasing its profits. While insiders hold a lot of stock in the company (which is good), our analysis of their dealings does not give us confidence in the company. While we like to know what’s going on with insider ownership and trading, we also make sure to consider the risks a stock faces before making an investment decision. Our analysis shows 3 warning signs for JB Hunt Transport Services (1 is potentially serious!) and we strongly recommend that you consult them before investing.
If you’d rather check out another company – one with potentially superior finances – then don’t miss this free list of attractive companies, which have a high return on equity and low debt.
For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.