Steven D. Borges, who serves as Executive Vice President of Global Business Units at Jabil Inc. (NYSE: JBL), executed a sale of 5,126 shares of the company's common stock on April 17, 2026. The total proceeds from those trades were approximately $1,627,550.
The shares were offloaded in multiple transactions at per-share prices ranging from $317.50 to $317.82. The weighted average sale price across those transactions was $317.5088 per share. After completing these sales, Mr. Borges retains a direct holding of 71,398 shares of Jabil common stock.
At the time of reporting, Jabil’s shares were trading at $330.28, close to an InvestingPro 52-week high of $331.82 and reflecting a 145% gain over the last year. InvestingPro’s analysis indicates that the stock currently appears overvalued relative to its Fair Value. The platform also notes that Jabil is covered in its Pro Research Report library, part of a collection of more than 1,400 reports, with additional ProTips addressing momentum and valuation metrics.
Separately, Jabil released its results for the second quarter of fiscal 2026, reporting revenue of $8.3 billion, a 23% increase year-over-year. The company recorded a core operating margin of 5.3% and reported adjusted earnings per share of $2.69, which exceeded the midpoints of management guidance.
Following the quarter, several analysts adjusted their price targets for Jabil. Argus raised its target to $300 from $250, citing above-consensus sales and core profits as well as favorable guidance for the fiscal third quarter of 2026. Stifel increased its target to $290 from $255 and maintained a Buy rating, explicitly pointing to strong AI demand as a supporting factor. BofA Securities raised its price target to $354 from $295, highlighting robust demand within Jabil’s Intelligent Infrastructure business. UBS adjusted its target to $273 from $254 and noted strong performance in server, networking, and semiconductor capital equipment segments.
In a community investment move, Jabil announced a $1.1 million donation to St. Petersburg College to support advanced manufacturing training programs. The funding is earmarked to assist with curriculum development, supply lab equipment, and provide scholarships for students in the Tampa Bay area.
The insider transaction, the company’s quarterly performance, subsequent analyst target changes, and the community donation together provide a snapshot of recent developments at Jabil. The facts presented here are limited to the transaction details, financial results, analyst commentary, valuation assessment by InvestingPro, and the stated purpose of the educational donation.