Robert V. Pragada, Chair & CEO at JACOBS SOLUTIONS INC. (J), bought 3,601 shares at $111.09 ($400K) on 2026-05-15, disclosed to the SEC on 2026-05-18.
CEO Robert Pragada purchased 3,601 shares for $400,035, marking the largest purchase of his career. This bullish bet comes as the stock has fallen 16.84% over the last 90 days, potentially signaling confidence in the current valuation.
The stock is currently trading at $113.48, down 3.06% over the last five days and 16.84% over the last three months. It remains 32.63% below its 52-week high of $168.44.
RBC Capital raised its price target to $169 on May 9, 2026, citing Jacobs' strength in data center infrastructure. Additionally, the company secured a Nashville Mobility contract on May 12, 2026, and CEO Pragada executed the largest purchase of his career on May 15, 2026.
The stock has shown 'shaky performance' recently, and short interest represents 4.73% of the float.
Something here stands out, but not much.