Jack Henry’s senior VP sells $180,891 in stock

Published 15/05/2025, 19:46
Jack Henry’s senior VP sells $180,891 in stock

Renee Ann Swearingen, the Senior Vice President and Chief Accounting Officer at Jack Henry & Associates, Inc. (NASDAQ:JKHY), recently sold 1,010 shares of the company’s common stock. The transaction, dated May 13, 2025, was executed at a price of $179.10 per share, totaling $180,891. The stock currently trades near this level at $179.38, with analyst targets ranging from $155 to $212. InvestingPro analysis reveals 8 additional key insights about the company’s valuation and growth prospects, available in the comprehensive Pro Research Report. Following this sale, Swearingen holds 693 shares directly. Additionally, she maintains an indirect ownership of 12,701 shares through a trust.

In other recent news, Jack Henry & Associates reported their fiscal third-quarter 2025 results, showcasing earnings per share (EPS) of $1.52, which exceeded analysts’ expectations of $1.36. However, the company’s revenue came in slightly below projections, at $585.09 million compared to the anticipated $586.69 million. Despite the earnings beat, Jack Henry revised its full-year revenue growth guidance to 6-6.5%, citing macroeconomic pressures. DA Davidson maintained its Buy rating on the company, with a price target of $212, following the earnings report. The firm noted that Jack Henry’s earnings surpassed both its own and consensus estimates, indicating strong operational performance. The company also projects a 9% year-over-year growth in non-GAAP operating income and a 10-11% increase in non-GAAP EPS for the fiscal year. Additionally, Jack Henry highlighted strong growth in digital and cloud-based solutions, with a 9.8% increase in key revenue streams, which now account for 76% of total revenue.

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