Patrick Hill, Executive Vice President at Jacobs Solutions (NYSE:J), reported an insider sell on December 12, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Hill sold 5,500 shares of Jacobs Solutions. The total transaction amounted to $701,162.
During Wednesday's morning session, Jacobs Solutions shares down by 0.0%, currently priced at $128.6.
Unveiling the Story Behind Jacobs Solutions
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.
Financial Insights: Jacobs Solutions
Revenue Growth: Over the 3 months period, Jacobs Solutions showcased positive performance, achieving a revenue growth rate of 10.5% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out ...