J.B. Hunt Transport Services (NASDAQ:JBHT) had a weak trading session and its shares were last down at $80.41, down -0.55% or -0.68 points. The trading data also revealed that the total net flow stood at $9.83 million as the shares had $17.85 million in upticks but lost $8.02 million in downticks. The up/down ratio was 2.23. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -1.95% in the shares.The block trade data suggests an inflow of $8.18 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $8.18.
Currently the company Insiders own 4.5% of J.B. Hunt Transport Services shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.79% . Institutional Investors own 72.83% of J.B. Hunt Transport Services shares. During last six month period, the net percent change held by insiders has seen a change of -20.95%. On the companys insider trading activities, Roberts John N, (President and CEO) of Hunt J B Transport Services Inc, unloaded 60,000 shares at an average price of $82.49 on June 6, 2016. The total amount of the transaction was worth $4,949,400, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
J.B. Hunt Transport Services (NASDAQ:JBHT) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.55 points or 0.68% at $80.41 with 648,286 shares getting traded. Post opening the session at $80.98, the shares hit an intraday low of $79.79 and an intraday high of $81.22 and the price was in this range throughout the day. The company has a market cap of $9,059 million and the number of outstanding shares have been calculated to be 112,654,332 shares. The 52-week high of J.B. Hunt Transport Services (NASDAQ:JBHT) is $89.43 and the 52-week low is $63.58.
Many analysts have stated their opinion on the company shares. Credit Suisse maintains its rating on J.B. Hunt Transport Services (NASDAQ:JBHT). The global brokerage major raises the current price target from $93 per share to $96 per share. Analysts at the Credit Suisse have a current rating of Outperform on the shares. The rating by the firm was issued on April 19, 2016.
J.B. Hunt Transport Services, Inc. is a holding company that, together with its wholly owned subsidiaries, is engaged in providing surface transportation, delivery and logistics services. The Company operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The JBI segment includes freight that is transported by rail and certain repositioning truck freight moved by JBI equipment or third-party carriers. DCS segment includes company-owned and customer-owned DCS-operated revenue equipment and employee drivers assigned to a specific customer, traffic lane or service. ICS provides non-asset and asset-light transportation solutions. ICS services include flatbed, refrigerated, and less-than-truckload (LTL), as well as a variety of dry-van and intermodal solutions. JBT business includes full-load, dry-van freight that is typically transported utilizing company-owned or company-controlled revenue equipment.