Yahoo Finance Insider Sale: CFO Kevin Berryman Sells 1,500 Shares of Jacobs Solutions Inc (J)
On April 30, 2024, Kevin Berryman, Chief Financial Officer of Jacobs Solutions Inc (NYSE:J), sold 1,500 shares of the company. The transaction was filed on May 2, 2024, as reported in the SEC Filing. The shares were sold at a price of $145.31 each.
Jacobs Solutions Inc operates as a technical professional services firm in the United States and internationally. The company provides a range of technical, professional, and construction services to industrial, commercial, and governmental clients.
Over the past year, the insider has sold a total of 6,000 shares of Jacobs Solutions Inc and has not purchased any shares. This recent sale is part of a broader trend observed over the past year, where there have been 19 insider sells and no insider buys.
The stock of Jacobs Solutions Inc is currently valued at a market cap of approximately $18.21 billion. The price-earnings ratio of the company stands at 25.88, which is above both the industry median of 15.54 and the company's historical median.
According to the GF Value, the intrinsic value of Jacobs Solutions Inc is estimated at $147.59 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 0.98.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This sale by the insider might be of interest to current and potential investors, providing insight into insider confidence and stock valuation perceptions at Jacobs Solutions Inc.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
