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Jack Henry board member makes stock moves

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Jack Henry & Associates Inc. (Nasdaq: JKHY) board member Wesley Brown is the sole company director or officer to conduct insider trading this month.

Most recently, on June 13, he bought and sold thousands of shares, according to a filing made this week with the U.S. Securities and Exchange Commission.

Under the SEC transaction code M, he bought 10,000 shares at a previously set price of $23.65 for an investment of $236,500. He then sold 1,714 shares at $137.97 apiece, or $236,481, under SEC code F, which is used for a payment of an exercise price or tax liabilities, according to SEC.gov.

Separately, Brown sold 400 shares at roughly $135 apiece to make $53,991 on June 7, according to an SEC filing.

Brown, the retired managing director of KPMG’s corporate finance subsidiary, held 94,251 direct shares in Jack Henry after the trades this week.

Jack Henry, a Monett-based financial industry software firm, recently reported fiscal 2019 third-quarter earnings of $59.3 million, a drop from $69 million a year earlier.

JKHY shares were trading at $137.15 as of 10:50 a.m., compared with a 52-week range of $120.20 to $163.68.

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