Jack Henry & Associates (NASDAQ:JKHY) CFO Purchases $50,295.00 in Stock

Jack Henry & Associates, Inc. (NASDAQ:JKHY) CFO Mimi Carsley purchased 375 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of $134.12 per share, for a total transaction of $50,295.00. Following the acquisition, the chief financial officer directly owned 6,007 shares in the company, valued at $805,658.84. This trade represents a 6.66% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $136.87 on Friday. The stock’s fifty day moving average is $155.81 and its 200 day moving average is $167.40. Jack Henry & Associates, Inc. has a fifty-two week low of $132.36 and a fifty-two week high of $193.39. The firm has a market capitalization of $9.72 billion, a PE ratio of 19.14, a PEG ratio of 2.03 and a beta of 0.63. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly 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 for the quarter, compared to analyst estimates of $619.67 million. During the same quarter in the prior year, the firm 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, sell-side analysts anticipate that Jack Henry & Associates, Inc. will post 6.75 earnings per share for the current year.

Jack Henry & Associates Dividend Announcement

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

Institutional Trading of Jack Henry & Associates

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Larson Financial Group LLC grew its position in shares of Jack Henry & Associates by 2,816.7% during the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock worth $32,000 after buying an additional 169 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Jack Henry & Associates during the 2nd quarter worth $35,000. Caitong International Asset Management Co. Ltd grew its position in shares of Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after buying an additional 195 shares in the last quarter. MUFG Securities EMEA plc bought a new position in shares of Jack Henry & Associates during the 2nd quarter worth $39,000. Finally, Quent Capital LLC bought a new position in shares of Jack Henry & Associates during the 3rd quarter worth $33,000. Hedge funds and other institutional investors own 98.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on JKHY shares. The Goldman Sachs Group reduced their target price on Jack Henry & Associates from $180.00 to $161.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Robert W. Baird upgraded 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. Wells Fargo & Company upgraded Jack Henry & Associates from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $181.00 to $196.00 in a research note on Tuesday, February 17th. Royal Bank Of Canada reduced their target price on Jack Henry & Associates from $210.00 to $180.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Finally, DA Davidson reiterated a “buy” rating and issued a $198.00 target price on shares of Jack Henry & Associates in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $192.08.

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.