JBL - Jabil EVP Sold $590K In Company Stock | Benzinga
Michael Dastoor, EVP at Jabil (NYSE:JBL), reported a large insider sell on October 19, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Dastoor sold 4,289 shares of Jabil. The total transaction amounted to $590,912.
Jabil shares are trading down 3.73% at $125.48 at the time of this writing on Friday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be ...