JB Hunt board member buys 7,800 shares

By Bobby Raines,

Shutterstock photo

Bobby Raines 08/28/2014

John White, a member of the board of directors at JB Hunt Transportation ( JBHT ) , bought 7,800 shares of the company's common stock on August 26. At $76.38 per share, White paid a total of $595,764 for the new shares.

IK-> The technicals for JBHT ($75.69 up $0.65) are bullish with a neutral trend. Recent support has been around $75.04 and recent resistance has been near $77.04. Standard & Poor's has a four STARs (out of five) rating on the stock. Look at the Oct. 65/70 bull-put spread for a 20-cent credit. That's a 4.2% return and the stock has to fall 7.5% to cause a problem.  [InvestorsKeyhole, Various news and data services]

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Originally published on InvestorsObserver.com

This article appears in: Investing Options
Referenced Stocks: JBHT

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