Large Inflow of Money Detected in J.B. Hunt Transport Services

J.B. Hunt Transport Services (JBHT) : J.B. Hunt Transport Services (JBHT) had a healthy money flow of $2.23 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $9.12 million, whereas, investors only sold shares worth $6.89 million on downticks. The stock closed the day with an up-down ratio of 1.32.The money flow in the block trades to the tune of $1 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $1 million worth of transactions were on upticks. J.B. Hunt Transport Services (JBHT) stock slid $0.12 intraday and traded at 82.38, a change of -0.15% over previous days close. However, for the week, the company shares are 0.43% compared to previous weeks close.


Shares of JB Hunt Transport Services Inc. appreciated by 0.54% during the last five trading days but lost 3.21% on a 4-week basis. JB Hunt Transport Services Inc. is up 1.79% in the last 3-month period. Year-to-Date the stock performance stands at 13.13%.

J.B. Hunt Transport Services (NASDAQ:JBHT): The stock opened at $82.71 on Monday but the bulls could not build on the opening and the stock topped out at $83.15 for the day. The stock traded down to $82.24 during the day, due to lack of any buying support eventually closed down at $82.31 with a loss of -0.23% for the day. The stock had closed at $82.50 on the previous day. The total traded volume was 771,987 shares.

In a related news, The Securities and Exchange Commission has divulged that Mee David G, (Secretary) of Hunt J B Transport Services Inc, had unloaded 6,408 shares at an average price of $81.93 in a transaction dated on August 8, 2016. The total value of the transaction was worth $525,007.

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.

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