Greg Adelson, Jack Henry's President and COO, lauds McLachlan as a strategic leader who has greatly aided the company's success. Adelson is confident that McLachlan's experience in the banking and credit union industry will ensure a smooth transition and aid in achieving strategic objectives.
Market sentiment on Jack Henry & Associates improves, with significant insider stock purchases and EPS growth driving shareholder returns. The recent sell-off in shares might present investment opportunity, anticipating long-term growth trend.
Although insiders own a fair portion of the company, the recent sale by the CEO and overall net insider selling over the past year do not provide a positive outlook on insider confidence in the company's stock.
Pre-Market Stock Movers Gapping up $Target(TGT.US)$ (Target shares popped nearly 8% before the market opened even as the retailer slashed its full-year forecast and posted revenue for the recent quarter that fell short of Wall Street’s expectations. The company posted earnings of $1.80 a share, versus the $1.39 expected by analysts polled by Refinitiv. Revenue came in at $24.77 billion, lighter than the $25.16 billion ...