It was reported on April 10, that Yee May Yap, SVP at Jabil (NYSE:JBL) executed a significant insider sell, according to an SEC filing.
What Happened: Yap's decision to sell 7,877 shares of Jabil was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value of the sale is $1,100,023.
At Thursday morning, Jabil shares are up by 0.13%, trading at $136.54.
All You Need to Know About Jabil
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.
Understanding the Numbers: Jabil's Finances
Revenue Growth: Jabil's revenue growth over a period of 3 months has faced challenges. As of 29 February, 2024, the company experienced ...