JBL - DAVID STOUT Executes Sell Order: Offloads $3.85M In Jabil Stock | Benzinga
Making a noteworthy insider sell on January 31, DAVID STOUT, Director at Jabil (NYSE:JBL), is reported in the latest SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, STOUT sold 31,300 shares of Jabil. The total transaction value is $3,853,630.
Jabil shares are trading down 0.09% at $125.18 at the time of this writing on Thursday morning.
Get to Know Jabil Better
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
Financial Milestones: Jabil's Journey
Negative Revenue Trend: Examining Jabil's financials over 3 months reveals challenges. As of 30 November, 2023, the company experienced a decline of approximately -12.95% ...