MARK MONDELLO, Executive Chairman at Jabil (NYSE:JBL), reported a large insider sell on October 12, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that MONDELLO sold 60,000 shares of Jabil. The total transaction amounted to $8,090,078.
Jabil shares are trading down 0.45% at $138.5 at the time of this writing on Friday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction ...