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

The shares of J.B. Hunt Transport Services (NASDAQ:JBHT) traded with a loss of -0.78 points or -0.96% in the most recent session. The shares last traded at $80.13. As per the trading info, the shares saw $25.89 million in upticks and lost $18.06 million in downticks, resulting in a net money flow of $7.83 million. The up/down ratio for the day was measured at 1.43. For the week, the shares had posted 0.39%.From the block trade data available, the total upticks were valued at $7.09 million and the total downticks were valued at $1.14 million, thereby putting the up/down ratio at 6.2. The net money flow for the block transaction was $5.94 million.


The stock has recorded a 20-day Moving Average of 1.48% and the 50-Day Moving Average is 3.3%. The company shares have dropped 7.63% in the past 52 Weeks. On April 19, 2016 The shares registered one year high of $89.43 and one year low was seen on January 15, 2016 at $63.58. The 50-day moving average is $81.75 and the 200 day moving average is recorded at $78.4. S&P 500 has rallied 1.93% during the last 52-weeks.

J.B. Hunt Transport Services (NASDAQ:JBHT): The stock opened at $77.68 on Tuesday but the bulls could not build on the opening and the stock topped out at $80.82 for the day. The stock traded down to $77.45 during the day, due to lack of any buying support eventually closed down at $80.13 with a loss of -0.96% for the day. The stock had closed at $80.91 on the previous day. The total traded volume was 1,116,917 shares.

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, The (President and CEO), of Hunt J B Transport Services Inc, Roberts John N had unloaded 60,000 shares at $82.49 per share in a transaction on June 6, 2016. The total value of transaction was $4,949,400. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.