Hunt J B Transport Services Inc (JBHT) Files Form 4 Insider Selling : John N Roberts Sells 60,000 Shares

Hunt J B Transport Services Inc (JBHT): John N Roberts , President and CEO of Hunt J B Transport Services Inc sold 60,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $82.49 per share for a total value of $4,949,400.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 3, 2016, James K Thompson (Chairman of the Board) sold 5,000 shares at $82.14 per share price.On Mar 18, 2016, Nicholas Hobbs (EVP, President DCS) sold 3,640 shares at $82.43 per share price.Also, On Dec 3, 2015, David G Mee (Secretary) sold 6,000 shares at $77.82 per share price.On Apr 23, 2015, Terrence D Matthews (other) sold 8,000 shares at $92.00 per share price.

J B Hunt Transport Services Inc: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in J B Hunt Transport Services Inc which led to swings in the share price. The shares opened for trading at $82.49 and hit $83.52 on the upside , eventually ending the session at $82.97, with a gain of 0.48% or 0.4 points. The heightened volatility saw the trading volume jump to 4,78,508 shares. The 52-week high of the share price is $89.43 and the company has a market cap of $9,347 M . The 52-week low of the share price is at $63.58.

J B Hunt Transport Services Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.J B Hunt Transport Services Inc is Reiterated by Cowen to Outperform and the brokerage firm has raised the Price Target to $ 94 from a previous price target of $85 .The Rating was issued on Apr 18, 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.

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