Insider Selling: John Bean Technologies Corp. Chairman Sells 6,000 Shares of Stock (JBT)
John Bean Technologies Corp. (NYSE:JBT) Chairman Charles H. Cannon, Jr. unloaded 6,000 shares of John Bean Technologies Corp. stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $29.56, for a total value of $177,360.00. Following the completion of the transaction, the chairman now directly owns 267,607 shares of the company’s stock, valued at approximately $7,910,463. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
John Bean Technologies Corp. (NYSE:JBT) traded down 5.43% on Thursday, hitting $28.73. 186,771 shares of the company’s stock traded hands. John Bean Technologies Corp. has a 52-week low of $17.78 and a 52-week high of $32.83. The stock has a 50-day moving average of $30.56 and a 200-day moving average of $26.9. The company has a market cap of $831.9 million and a P/E ratio of 23.64.
John Bean Technologies Corporation is a global technology solutions provider for the food processing and air transportation industries.
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