JBL - SVP of Jabil Makes $2.05M Sale | Benzinga
Daryn Smith, SVP at Jabil (NYSE:JBL), reported a large insider sell on November 1, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Smith sold 16,700 shares of Jabil. The total transaction amounted to $2,046,418.
Jabil shares are trading up 0.54% at $125.5 at the time of this writing on Thursday 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 an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial ...