SoFi stock falls after announcing $1.5B public offering of common stock
Director David B. Foss of Jack Henry & Associates Inc (NASDAQ:JKHY) sold 20,000 shares of common stock on December 1, 2025, for approximately $3.5 million. The shares were sold at prices ranging from $174.50 to $175.39.
Following the transaction, Foss directly owns 128,133 shares of Jack Henry & Associates Inc.
In other recent news, Jack Henry & Associates reported its first-quarter earnings for fiscal year 2026, exceeding Wall Street expectations. The company posted an earnings per share of $1.97, surpassing the forecast of $1.70, and reported revenue of $644.7 million, above the anticipated $634.42 million. Additionally, the company declared a quarterly cash dividend of $.58 per share, payable on December 23, 2025, to stockholders of record as of December 2, 2025. Raymond James upgraded Jack Henry’s stock rating from Market Perform to Strong Buy, citing potential upside to near-term estimates and a significant share gain opportunity. The firm set a price target of $198.00, indicating a 19% potential increase from the previous close. Meanwhile, Compass Point upgraded the stock rating to Buy, highlighting growth catalysts and noting that pricing headwinds affecting revenue growth are diminishing. The firm raised its price target to $187.00 from $179.00, expecting accelerated revenue growth in fiscal 2027. These developments reflect recent positive momentum for Jack Henry & Associates.
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