EVP Spencer executes 21 purchases totaling 204 shares for $31,872.40 over 3.3 years; average $155.65 vs current $200.25
Frazier Spencer, EVP of Sales and Marketing at J B HUNT TRANSPORT SERVICES INC, executed 21 separate share purchases totaling 204 shares for $31,872.40, with a blended average price of $155.65. The transactions span from November 2022 through November 2025, with purchases at prices ranging from $133.19 to $207.37. Spencer's post-transaction holdings stand at 6,183 shares, a 3.4% increase from prior holdings of 5,979 shares. At the current market price of $200.25, these purchases show a cumulative gain of approximately 28.5% above the blended average transaction price, though the stock is currently trading 14.8% below its 52-week high of $234.92. This multi-year, small-dollar accumulation pattern is consistent with ongoing open-market acquisitions by an executive rather than a concentrated confidence signal, particularly given the extended timeframe and modest total dollar commitment relative to the company's market cap of $18.9B.