A substantial insider activity was disclosed on December 6, as Eberhart, Director at Jacobs Solutions (NYSE:J), reported the exercise of a large sell of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday revealed that Eberhart, Director at Jacobs Solutions in the Industrials sector, exercised stock options for 3,500 shares of J stock. The exercise price of the options was $60.43 per share.
As of Thursday morning, Jacobs Solutions shares are down by 1.32%, with a current price of $127.11. This implies that Eberhart's 3,500 shares have a value of $233,362.
All You Need to Know About 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.
Breaking Down Jacobs Solutions's Financial Performance
Revenue Growth: Jacobs Solutions's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company ...