David Keefauver Sells 703 Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) Stock

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) EVP David Keefauver sold 703 shares of the firm’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $285.13, for a total transaction of $200,446.39. Following the transaction, the executive vice president directly owned 790 shares of the company’s stock, valued at $225,252.70. The trade was a 47.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

J.B. Hunt Transport Services Price Performance

JBHT stock opened at $287.19 on Wednesday. The company has a fifty day moving average price of $248.42 and a 200-day moving average price of $220.24. The company has a market capitalization of $27.08 billion, a P/E ratio of 44.46, a PEG ratio of 2.14 and a beta of 1.30. J.B. Hunt Transport Services, Inc. has a 52-week low of $130.12 and a 52-week high of $293.54. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.26 and a current ratio of 1.26.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Wednesday, April 15th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.04. J.B. Hunt Transport Services had a net margin of 5.13% and a return on equity of 17.30%. The firm had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the firm earned $1.17 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. As a group, equities analysts expect that J.B. Hunt Transport Services, Inc. will post 7.27 EPS for the current year.

J.B. Hunt Transport Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were given a dividend of $0.45 per share. The ex-dividend date was Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 0.6%. J.B. Hunt Transport Services’s dividend payout ratio is 27.86%.

Key Stories Impacting J.B. Hunt Transport Services

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: Zacks highlighted JBHT as a strong momentum stock, reinforcing the case for continued investor interest. Here’s Why JB Hunt (JBHT) is a Strong Momentum Stock
• Positive Sentiment: Wells Fargo raised its price target on JBHT to $310 and reiterated an overweight view, which may be helping sentiment around the stock.
• Positive Sentiment: The company’s conference presentation at Wells Fargo’s Industrials & Materials event may have reminded investors of management’s ongoing operating story and strategic positioning. J.B. Hunt Transport Services, Inc. (JBHT) Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript
• Neutral Sentiment: Short interest was reported at zero shares, so this update does not point to any meaningful bearish positioning or squeeze setup.
• Neutral Sentiment: Several articles framed JBHT as a value or “good stock to buy now” candidate, but these were largely opinion pieces rather than direct catalysts. ARCB or JBHT: Which Is the Better Value Stock Right Now?
• Negative Sentiment: EVP David Keefauver sold 703 shares, and EVP Brian Webb sold 1,500 shares, which may weigh on sentiment because of insider-selling concerns. SEC filing for David Keefauver transaction SEC filing for Brian Webb transaction

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on JBHT. Truist Financial increased their price objective on shares of J.B. Hunt Transport Services from $205.00 to $230.00 and gave the stock a “hold” rating in a research report on Thursday, April 16th. Evercore reiterated an “outperform” rating and set a $248.00 price objective on shares of J.B. Hunt Transport Services in a research report on Monday, May 11th. Wells Fargo & Company increased their price objective on shares of J.B. Hunt Transport Services from $250.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday. Stifel Nicolaus increased their price objective on shares of J.B. Hunt Transport Services from $201.00 to $205.00 and gave the stock a “hold” rating in a research report on Thursday, April 2nd. Finally, Argus set a $285.00 price objective on shares of J.B. Hunt Transport Services in a research report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, J.B. Hunt Transport Services presently has an average rating of “Moderate Buy” and a consensus target price of $233.83.

Institutional Investors Weigh In On J.B. Hunt Transport Services

A number of large investors have recently bought and sold shares of JBHT. Hantz Financial Services Inc. grew its holdings in J.B. Hunt Transport Services by 52.8% in the third quarter. Hantz Financial Services Inc. now owns 220 shares of the transportation company’s stock worth $30,000 after purchasing an additional 76 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in J.B. Hunt Transport Services in the second quarter worth $31,000. Sentry Investment Management LLC acquired a new stake in J.B. Hunt Transport Services in the third quarter worth $32,000. International Assets Investment Management LLC acquired a new stake in J.B. Hunt Transport Services in the fourth quarter worth $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in J.B. Hunt Transport Services in the second quarter worth $34,000. 74.95% of the stock is currently owned by institutional investors and hedge funds.

J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.

In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.