STEVEN RAYMUND, Board Member at Jabil (NYSE:JBL), reported a large insider sell on October 10, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that RAYMUND sold 30,000 shares of Jabil. The total transaction amounted to $3,898,021.
Jabil shares are trading up 0.28% at $134.7 at the time of this writing on Wednesday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...