John Bean Technologies Corp. VP Juan C. Podesta Unloads 3,000 Shares (JBT)
John Bean Technologies Corp. (NYSE:JBT) VP Juan C. Podesta sold 3,000 shares of John Bean Technologies Corp. stock on the open market in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $32.32, for a total transaction of $96,960.00. Following the completion of the transaction, the vice president now directly owns 66,711 shares of the company’s stock, valued at approximately $2,156,100. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on JBT shares. Analysts at Zacks upgraded shares of John Bean Technologies Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, November 11th. They now have a $27.90 price target on the stock. Analysts at CJS Securities downgraded shares of John Bean Technologies Corp. to a “market perform” rating in a research note to investors on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $27.90.
John Bean Technologies Corporation is a global technology solutions provider for the food processing and air transportation industries.
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