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Jabil Circuit (NYSE:JBL) COO William D. Muir, Jr. unloaded 15,000 shares of the stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $20.01, for a total value of $300,150.00. Following the completion of the transaction, the chief operating officer now directly owns 592,461 shares in the company, valued at approximately $11,855,145. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on JBL. Analysts at Zacks reiterated a “neutral” rating on shares of Jabil Circuit in a research note on Friday, May 23rd. They now have a $19.00 price target on the stock. Separately, analysts at RBC Capital downgraded shares of Jabil Circuit from an “outperform” rating to a “sector perform” rating in a research note on Monday, April 21st. They now have a $20.00 price target on the stock, down previously from $21.00. Finally, analysts at Citigroup Inc. raised their price target on shares of Jabil Circuit from $14.00 to $15.00 in a research note on Thursday, March 20th. Eight investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $20.00.

Jabil Circuit (NYSE:JBL) traded up 0.65% during mid-day trading on Wednesday, hitting $20.10. 3,317,625 shares of the company’s stock traded hands. Jabil Circuit has a 52-week low of $15.30 and a 52-week high of $24.32. The stock’s 50-day moving average is $18.46 and its 200-day moving average is $18.17. The company has a market cap of $4.086 billion and a price-to-earnings ratio of 16.14.

Jabil Circuit (NYSE:JBL) last posted its quarterly earnings results on Wednesday, June 18th. The company reported ($0.06) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.09) by $0.03. The company had revenue of $3.79 billion for the quarter, compared to the consensus estimate of $3.60 billion. During the same quarter in the prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was down 9.8% on a year-over-year basis. Analysts expect that Jabil Circuit will post $0.55 EPS for the current fiscal year.

Jabil Circuit, Inc (NYSE:JBL), is a providers of worldwide electronic manufacturing services and solutions.

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