medium
Sell
6,579 shares
$1,403,989
Significance
4/10
EVP/GC Kristine Melachrino sold 6,579 shares of JBL at $213.40; holds 33,718 shares post-sale
Melachrino sold approximately 16.3% of her JBL holdings for $1,403,988.86, leaving her with 33,718 shares. The transaction occurred at $213.40, which is 8.5% below the 52-week high of $234.45 and near recent price levels. Her prior two sales at JBL (in October 2023) generated positive 90-day returns of +0.3% and +1.2%, suggesting neither sale preceded material declines—indicating poorly-timed exits. Cross-ticker, her two prior sells showed an average 90-day return of +0.8%, with 0% well-timed outcomes. The company trades at a P/E of 35.75 with $7.8B in quarterly revenue and $222M net income, though annual revenue growth of +3.2% remains moderate.