Michael Dastoor, EVP at Jabil (NYSE:JBL), reported a large insider sell on October 26, 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 37,989 shares of Jabil. The total transaction amounted to $4,660,093.
Jabil shares are trading up 0.32% at $122.31 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 ...