JACK HENRY & ASSOCIATES INC
JKHY · Services-Computer Integrated Systems Design · 71.1M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$4M (gross $25M, SBC $29M)
Reference price $133.42 · est. market cap ~$9.5B — last insider purchase, 2026-05-14 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A84Elite, debt-free bank-software franchise with top-tier margins, returns, and recurring free cash flow.
Strengths
- Elite margins and returns — operating margin 23.9% (100th), net margin 19.2% (94th), ROA 15.0% (95th)
- Strong recurring FCF, debt-free — FCF $588.1M (91st), D/E 0.00
- Steady growth — revenue +7.2%, net income +19.4%
Risks
- Bank-IT-spending and competitive dynamics — qualitative (per 10-K)
- Data-security/breach risk central to the business per risk factors — qualitative (per 10-K)
- Premium valuation — qualitative (per 10-K)
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP
- Insider buyingInsider buying — 2 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$317,135, last 6mo) Form 4 ↗
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
42.7%
Operating margin
23.9%
Net margin
19.2%
Return on equity
21.4%
Return on assets
15.0%
ROIC
21.1%
Revenue growth (QoQ)
2.7%
Net-income growth
19.4%
Debt / equity
0.0×
Current ratio
1.3×
Free cash flow
$588M
Tangible book value
$1.3B
Stock comp / revenue
1.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-14 | Carsley Mimi | Buy | 375 | $134.12 |
| 2026-05-14 | Adelson Gregory R. | Buy | 2.0K | $133.42 |
| 2026-02-12 | FLANIGAN MATTHEW C | Gift | 440 | — |
| 2026-01-01 | McLachlan Shanon G. | Tax withheld | 67 | $182.48 |
| 2026-01-01 | McLachlan Shanon G. | Option exercise | 183 | — |
| 2025-12-15 | Swearingen Renee Ann | Gift | 200 | — |
| 2025-12-01 | Foss David B | Sell | 20K | $174.92 |
| 2025-11-11 | Nelson Lisa M | Option exercise | 1.2K | — |
| 2025-11-11 | Wilson Thomas Hampton Jr. | Option exercise | 1.2K | — |
| 2025-11-11 | Miyashiro Shruti S | Option exercise | 1.2K | — |
| 2025-11-11 | Brown Wesley A | Option exercise | 1.2K | — |
| 2025-11-11 | WIMSETT THOMAS A | Option exercise | 1.2K | — |
| 2025-11-11 | FLANIGAN MATTHEW C | Option exercise | 1.2K | — |
| 2025-11-11 | LoCascio Tammy | Option exercise | 1.2K | — |
| 2025-11-10 | McLachlan Shanon G. | Sell | 227 | $160.83 |
| 2025-08-28 | Carsley Mimi | Grant | 1.9K | — |
| 2025-08-28 | Carsley Mimi | Tax withheld | 600 | $162.74 |
| 2025-08-28 | Adelson Gregory R. | Grant | 2.5K | — |
| 2025-08-28 | Adelson Gregory R. | Tax withheld | 1.1K | $162.74 |
| 2025-08-28 | McLachlan Shanon G. | Grant | 263 | — |
| 2025-08-28 | Morgan Craig Keith | Tax withheld | 740 | $162.74 |
| 2025-08-28 | Morgan Craig Keith | Grant | 1.7K | — |
| 2025-08-28 | Swearingen Renee Ann | Tax withheld | 233 | $162.74 |
| 2025-08-28 | Swearingen Renee Ann | Grant | 527 | — |
| 2025-08-28 | Foss David B | Tax withheld | 5.8K | $162.74 |
| 2025-08-28 | Foss David B | Grant | 15K | — |
| 2025-08-28 | McLachlan Shanon G. | Tax withheld | 98 | $162.74 |
| 2025-08-04 | Foss David B | Option exercise | 4.8K | — |
| 2025-08-04 | Foss David B | Tax withheld | 1.9K | $167.28 |
| 2025-08-04 | Foss David B | Option exercise | 6.2K | — |
| 2025-08-04 | Foss David B | Tax withheld | 2.5K | $167.28 |
| 2025-08-04 | Foss David B | Option exercise | 15K | — |
| 2025-08-04 | Foss David B | Sell | 5.8K | $167.28 |
| 2025-08-04 | Swearingen Renee Ann | Option exercise | 222 | — |
| 2025-08-04 | Foss David B | Tax withheld | 5.8K | $167.28 |
| 2025-08-04 | Adelson Gregory R. | Option exercise | 829 | — |
| 2025-08-04 | Adelson Gregory R. | Tax withheld | 368 | $167.28 |
| 2025-08-04 | Adelson Gregory R. | Option exercise | 1.5K | — |
| 2025-08-04 | Adelson Gregory R. | Tax withheld | 646 | $167.28 |
| 2025-08-04 | Adelson Gregory R. | Option exercise | 3.9K | — |
| 2025-08-04 | Adelson Gregory R. | Tax withheld | 1.7K | $167.28 |
| 2025-08-04 | Morgan Craig Keith | Option exercise | 551 | — |
| 2025-08-04 | Morgan Craig Keith | Tax withheld | 243 | $167.28 |
| 2025-08-04 | Morgan Craig Keith | Option exercise | 670 | — |
| 2025-08-04 | Morgan Craig Keith | Tax withheld | 296 | $167.28 |
| 2025-08-04 | Swearingen Renee Ann | Option exercise | 173 | — |
| 2025-08-04 | Swearingen Renee Ann | Tax withheld | 77 | $167.28 |
| 2025-08-04 | Swearingen Renee Ann | Option exercise | 210 | — |
| 2025-08-04 | Swearingen Renee Ann | Tax withheld | 93 | $167.28 |
| 2025-08-04 | Swearingen Renee Ann | Tax withheld | 97 | $167.28 |
| 2025-08-04 | Carsley Mimi | Option exercise | 608 | — |
| 2025-08-04 | Carsley Mimi | Tax withheld | 197 | $167.28 |
| 2025-08-04 | Carsley Mimi | Option exercise | 1.5K | — |
| 2025-08-04 | Carsley Mimi | Tax withheld | 473 | $167.28 |
| 2025-08-04 | McLachlan Shanon G. | Option exercise | 173 | — |
| 2025-08-04 | McLachlan Shanon G. | Tax withheld | 64 | $167.28 |
| 2025-08-04 | McLachlan Shanon G. | Option exercise | 217 | — |
| 2025-08-04 | McLachlan Shanon G. | Tax withheld | 80 | $167.28 |
| 2025-08-04 | McLachlan Shanon G. | Option exercise | 784 | — |
| 2025-08-04 | McLachlan Shanon G. | Tax withheld | 289 | $167.28 |
| 2025-05-13 | Swearingen Renee Ann | Sell | 1.0K | $179.10 |
| 2025-05-13 | McLachlan Shanon G. | Sell | 246 | $179.42 |
| 2025-05-12 | Foss David B | Sell | 11K | $180.54 |
| 2025-05-12 | Foss David B | Sell | 4.3K | $181.23 |
| 2025-05-12 | Morgan Craig Keith | Sell | 5.0K | $180.16 |
| 2025-05-08 | Adelson Gregory R. | Gift | 905 | — |
| 2025-03-11 | FLANIGAN MATTHEW C | Gift | 1.4K | — |
| 2025-01-01 | McLachlan Shanon G. | Option exercise | 96 | — |
| 2025-01-01 | McLachlan Shanon G. | Tax withheld | 36 | $175.30 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-04 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-12 | OtherExhibits | filing ↗ |
| 2026-05-05 | ResultsExhibits | filing ↗ |
| 2026-04-28 | ResultsExhibits | filing ↗ |
| 2026-03-26 | Material agreement1.02Debt obligationExhibits | filing ↗ |
| 2026-02-03 | ResultsExhibits | filing ↗ |
| 2026-01-27 | ResultsExhibits | filing ↗ |
| 2025-11-14 | Exec/director changeShareholder voteExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-04 | 2026-05-29 | 0000779152-26-000036 ↗ |
| 8-K | 2026-05-12 | 2026-05-08 | 0000779152-26-000027 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0000779152-26-000025 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0000779152-26-000021 ↗ |
| 8-K | 2026-04-28 | 2026-04-28 | 0000779152-26-000018 ↗ |
| 8-K | 2026-03-26 | 2026-03-25 | 0000779152-26-000013 ↗ |
| 10-Q | 2026-02-06 | 2025-12-31 | 0000779152-26-000009 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0000779152-26-000007 ↗ |
| 8-K | 2026-01-27 | 2026-01-27 | 0000779152-26-000004 ↗ |
| 8-K | 2025-11-14 | 2025-11-12 | 0000779152-25-000121 ↗ |
| 10-Q | 2025-11-07 | 2025-09-30 | 0000779152-25-000092 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0000779152-25-000090 ↗ |