JBL - EVP At Jabil Sells $145K Of Stock | Benzinga
Frederic McCoy, EVP at Jabil (NYSE:JBL), reported an insider sell on July 17, according to a new SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, McCoy sold 1,250 shares of Jabil. The total transaction value is $145,523.
Jabil's shares are actively trading at $113.63, experiencing a down of 1.12% during Thursday's morning session.
About Jabil
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
Decline in Revenue: Over the 3 months period, Jabil faced challenges, resulting in a decline of approximately -20.18% in revenue growth ...