What Did This CEO Just Do with Personal Shares of Jabil Circuit (JBL)?


Today, the EVP, CEO, E & I of Jabil Circuit (JBL), Alessandro Parimbelli, sold shares of JBL for $103.9K.

Following Alessandro Parimbelli’s last JBL Sell transaction on October 09, 2018, the stock climbed by 5.2%.

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Based on Jabil Circuit’s latest earnings report for the quarter ending February 28, the company posted quarterly revenue of $6.07 billion and quarterly net profit of $67.35 million. In comparison, last year the company earned revenue of $5.3 billion and had a net profit of $37.31 million. JBL’s market cap is $4.55B and the company has a P/E ratio of 27.17. Currently, Jabil Circuit has an average volume of 1.31M.

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Jabil, Inc. engages in the provision of electronic manufacturing services and solutions. It offers electronics design, production, product management, and repair services to companies in the automotive and transportation, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale, and printing industries. The firm operates through the Electronics Manufacturing Services and Diversified Manufacturing Services segments. The Electronics Manufacturing Services segment focuses around leveraging IT; supply chain design and engineering; and technologies largely centered on core electronics. The Diversified Manufacturing Services segment provides engineering solutions, with an emphasis on material sciences and technologies. The company was founded by William E. Morean and James Golden in 1966 and is headquartered in St. Petersburg, FL.

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