Insider Buying: Jack Henry & Associates (NASDAQ:JKHY) CEO Purchases $266,840.00 in Stock

Jack Henry & Associates, Inc. (NASDAQ:JKHY) CEO Gregory Adelson acquired 2,000 shares of Jack Henry & Associates stock in a transaction dated Thursday, May 14th. The shares were bought at an average cost of $133.42 per share, for a total transaction of $266,840.00. Following the completion of the purchase, the chief executive officer directly owned 21,036 shares of the company’s stock, valued at approximately $2,806,623.12. The trade was a 10.51% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Jack Henry & Associates Stock Up 2.1%

JKHY opened at $136.87 on Friday. Jack Henry & Associates, Inc. has a 12 month low of $132.36 and a 12 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 business’s 50-day moving average price is $155.81 and its 200-day moving average price is $167.40. The company has a market cap of $9.72 billion, a P/E ratio of 19.14, a P/E/G ratio of 2.03 and a beta of 0.63.

Jack Henry & Associates (NASDAQ:JKHY) last issued its earnings results on Tuesday, May 5th. The technology company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.28. Jack Henry & Associates had a return on equity of 24.03% and a net margin of 20.64%.The company had revenue of $615.93 million during the quarter, compared to analysts’ expectations of $619.67 million. During the same period in the prior year, the business posted $1.52 EPS. Jack Henry & Associates’s quarterly revenue was up 8.7% compared to the same quarter last year. Jack Henry & Associates has set its FY 2026 guidance at 6.780-6.870 EPS. On average, equities analysts expect that Jack Henry & Associates, Inc. will post 6.75 EPS for the current year.

Jack Henry & Associates Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Monday, June 1st will be issued a $0.61 dividend. The ex-dividend date is Monday, June 1st. This represents a $2.44 annualized dividend and a dividend yield of 1.8%. Jack Henry & Associates’s dividend payout ratio (DPR) is currently 34.13%.

Wall Street Analyst Weigh In

JKHY has been the topic of several recent analyst reports. DA Davidson restated a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a report on Monday, May 11th. Loop Capital initiated coverage on shares of Jack Henry & Associates in a report on Tuesday, March 31st. They issued a “buy” rating and a $197.00 target price on the stock. Weiss Ratings cut shares of Jack Henry & Associates from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 27th. Robert W. Baird raised Jack Henry & Associates from a “neutral” rating to an “outperform” rating and set a $205.00 target price on the stock in a research note on Thursday, February 5th. Finally, UBS Group set a $165.00 target price on 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 issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $192.08.

Institutional Trading of Jack Henry & Associates

Large investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its holdings in Jack Henry & Associates by 2,816.7% in the fourth quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock valued at $32,000 after acquiring an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Jack Henry & Associates in the second quarter valued at $35,000. Caitong International Asset Management Co. Ltd boosted its holdings in Jack Henry & Associates by 3,900.0% in the third 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 in the last quarter. MUFG Securities EMEA plc bought a new stake in Jack Henry & Associates in the second quarter valued at $39,000. Finally, Quent Capital LLC bought a new stake in Jack Henry & Associates in the third quarter valued at $33,000. Institutional investors own 98.75% of the company’s stock.

Jack Henry & Associates Company Profile

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.