Jack Henry & Associates, Inc. $JKHY Shares Sold by Inspire Investing LLC

Inspire Investing LLC decreased its position in Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 75.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,103 shares of the technology company’s stock after selling 6,452 shares during the period. Inspire Investing LLC’s holdings in Jack Henry & Associates were worth $332,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Larson Financial Group LLC raised its holdings in shares of Jack Henry & Associates by 2,816.7% during the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock valued at $32,000 after buying an additional 169 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Jack Henry & Associates in the 2nd quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd increased its position in Jack Henry & Associates by 3,900.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock valued at $30,000 after acquiring an additional 195 shares during the period. MUFG Securities EMEA plc acquired a new stake in Jack Henry & Associates in the 2nd quarter valued at approximately $39,000. Finally, United Community Bank bought a new stake in Jack Henry & Associates during the 4th quarter valued at $41,000. Institutional investors and hedge funds own 98.75% of the company’s stock.

Insider Transactions at Jack Henry & Associates

In other news, CFO Mimi Carsley bought 375 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost of $134.12 per share, for a total transaction of $50,295.00. Following the completion of the acquisition, the chief financial officer directly owned 6,007 shares in the company, valued at $805,658.84. This represents a 6.66% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Gregory R. Adelson bought 2,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the completion of the transaction, the chief executive officer owned 21,036 shares of the company’s stock, valued at $2,806,623.12. This represents a 10.51% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.60% of the company’s stock.

Jack Henry & Associates Price Performance

Shares of NASDAQ JKHY opened at $146.36 on Tuesday. Jack Henry & Associates, Inc. has a twelve month low of $121.04 and a twelve month high of $193.39. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average of $137.45 and a two-hundred day moving average of $158.55. The company has a market capitalization of $10.40 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 2.06 and a beta of 0.57.

Jack Henry & Associates (NASDAQ:JKHY) last released its earnings results on Tuesday, May 5th. The technology company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.28. The business had revenue of $615.93 million for the quarter, compared to the consensus estimate of $619.67 million. Jack Henry & Associates had a net margin of 20.64% and a return on equity of 24.03%. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.52 EPS. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. As a group, analysts expect that Jack Henry & Associates, Inc. will post 6.84 earnings per share for the current fiscal year.

Jack Henry & Associates Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Monday, June 1st were given a $0.61 dividend. The ex-dividend date was Monday, June 1st. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.7%. Jack Henry & Associates’s dividend payout ratio (DPR) is 34.13%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Royal Bank Of Canada decreased their price target on Jack Henry & Associates from $180.00 to $173.00 and set an “outperform” rating for the company in a research note on Thursday, June 18th. Loop Capital began coverage on shares of Jack Henry & Associates in a research note on Tuesday, March 31st. They set a “buy” rating and a $197.00 price objective on the stock. Wolfe Research set a $165.00 price objective on shares of Jack Henry & Associates in a report on Monday, June 29th. Weiss Ratings cut shares of Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Finally, UBS Group set a $165.00 price target on shares of Jack Henry & Associates in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Jack Henry & Associates currently has a consensus rating of “Moderate Buy” and a consensus price target of $187.31.

About Jack Henry & Associates

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.