Widow of JB Hunt Continues To Sell Away Stock

[Mike]

J.B. Hunt Transport Service's largest individual shareholder continues to liquidate her stake in the company, cashing in another $7.12 million of J.B. Hunt stock since Christmas.

Johnelle Hunt, widow of the trucking magnate that bears the company name J.B. Hunt, sold 288,682 shares at an average price of $24.67 between Friday and Monday, according to two insider trade filings with the Securities and Exchange Commission.

The latest two trades come on the heels of three similar trades made between Dec. 16 and Dec. 19, totaling more than $46.97 million.

Hunt worked for the company herself and served as corporate secretary until earlier this year when company age restrictions required her to step down.

The $54 million December sales spree represents about 7 percent of Johnelle Hunt's holdings in the trucking company.

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:bounce:

 

[truckerstrike08]

Holy crap I wonder why she did this one?

 

[truckerstrike08]

She probably remembers the depression LOL and is gonna hide it all under her mattress!

 

[Mike]

Sounds to me like she is pissed at the company for forcing her to step down from her employed position. Should have ignored that age requirement, LOL.

She still has 34 Millions shares left to sell

 

[Dayripper]

lol 850 million left at 25 per share
SELL SELL!

 

[lunachic]

what I do not get is who is buying this stock and why?

 

[FlatBroke]

what I do not get is who is buying this stock and why?

More than likely the higher ups of the company are buying it...to gain more control of the company.

 

[Mike]

Yep, that would be my guess.

For those that do invest in stocks, it is time to start thinking about when is the prime time to jump on some of these trucking company stocks, because they will be going up pretty soon.

 

[truckerstrike08]

This should get interesting. Next we will see pics of her laying on a nude beach somewhere lol

 

[FlatBroke]

Next we will see pics of her laying on a nude beach somewhere lol

Ummmm, if she was tooooooooooooo OLD to work in the office at JB Hunt anymore...


I kinda doubt....wait let me rephrase that I HOPE we DONT see any nude pictures of her.:nono:

 

[truckerstrike08]

Ummmm, if she was tooooooooooooo OLD to work in the office at JB Hunt anymore...


I kinda doubt....wait let me rephrase that I HOPE we DONT see any nude pictures of her.:nono:

They have senior citizens nude beaches in Kentucky! LMAO My Dad used to fish a lot and found one.

 

[Tn. Truckers Wife]

It's like 60 and 70 year old women wearing low cut blouses showing their cleveage...No one wants to see that...lol....Atleast I hope not..hahaha

 

[FlatBroke]

It's like 60 or 70 women wearing low cut blouses showing their cleveage...

LOL.....60 or 70 women wearing them...I can go for that.:bounce:

 

[FlatBroke]

They have senior citizens nude beaches in Kentucky! LMAO My Dad used to fish a lot and found one.

Not in my part of KY.....That would make me quit fishing..:woohoo:

 

[Tn. Truckers Wife]

LOL.....60 or 70 women wearing them...I can go for that.:bounce:

OMGosh, when i first saw your post i thought i forgot to put "year old"..haha...I took me a second..lol.....
I'm getting tired... I had a late night and an early morning..lol..

 

[truckerstrike08]

Not in my part of KY.....That would make me quit fishing..:woohoo:

LMAO me tooooo