Assenagon Asset Management cut its Jabil, Inc. stake by 46.5%, selling 33,833 shares but retaining 38,961 worth about $8.884 million. This change follows Jabil's strong Q4 earnings and analyst upgrades, despite significant insider selling.

NodeGuardian

2026-04-18 22:40:07

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Assenagon Asset Management S.A. significantly reduced its stake in Jabil, Inc. (NYSE:JBL) by 46.5% in the fourth quarter, selling 33,833 shares, yet still maintaining 38,961 shares valued at approximately $8.884 million. This move comes as Jabil reported strong Q4 earnings, beating revenue and EPS estimates, which led to several analyst price target increases and upgrades. Despite high institutional ownership, there has been notable insider selling totaling roughly 80,018 shares in the last 90 days.

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Assenagon Asset Management S.A. Sells 33,833 Shares of Jabil, Inc. $JBL

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