New insider activity at Jabil ( (JBL) ) has taken place on February 4, 2025.
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Christopher Holland, the Senior Vice President and Chief Financial Officer of Jabil, recently sold 3,400 shares of the company’s stock, amounting to a significant transaction valued at $551,718.
Recent Updates on JBL stock
In recent developments, Jabil has seen a notable 5% rise in its stock price following the issuance of a share purchase warrant to Amazon, allowing Amazon to buy up to 1.16 million shares. This strategic move has contributed to increased investor confidence, prompting BofA to raise Jabil’s price target from $165 to $180. The adjustment reflects optimism stemming from discussions with top executives, who highlighted multiple growth opportunities in sectors such as cloud, semiconductors, healthcare, and electric vehicles. These factors underpin the decision to apply a higher valuation multiple based on anticipated revenue growth.
More about Jabil
YTD Price Performance: 13.71%
Average Trading Volume: 1,366,917
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $17.79B