JBHT CEO Simpson Shelley sells 6,000 shares at $183.47; stock down 16.6% from 52-week high, revenue declining 13.4%.
Shelley sold 6,000 shares (6.0K shares) at $183.47 on 2024-12-05 for $1,100,818.80 ($1.1M), reducing holdings by -7.2% from 83,654 shares to 77,654 shares. The sale occurred when JBHT trades at $182.38, down 16.6% from its 52-week high of $218.78 and down 5.1% over the prior 30 days. JBHT's latest quarterly revenue stands at $3,068,171,000.00 ($3.1B), but the company is facing significant headwinds with annual revenue declining 13.4% year-over-year. Shelley's prior sale of JBHT shares on 2023-12-05 (exactly one year prior) saw the stock post a +6.8% return over the following 90 days, indicating that sale was poorly timed relative to subsequent price action. The current sale occurs in a similar seasonal window but against a backdrop of deteriorating financial performance, though without a scheduled 10b5-1 plan disclosure, timing intent cannot be isolated from other factors.